Loading…
The Canadian dollar slipped past C$1.40 per US dollar after a weak GDP report showed an August contraction of 0.3%, the largest monthly drop since December 2022. Markets raised the odds of another Bank of Canada cut, while Fed Chair Powell's warning against a guaranteed December cut supported the US dollar.
Weaker Canadian growth and rising odds of further BoC easing point to a softer loonie, which can make Canadian-origin grain and oilseed exports more competitive and tighten the link between currency moves and Canadian feed prices.
tradingeconomics.comFelipe AlarconOct 31, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
