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Desjardins cut its year-end forecast for the Canadian dollar from 74 to 71 US cents after the currency fell from its June high. The bank expects the loonie to stay soft for two quarters, citing lagging Canadian growth and reduced pension hedging flows.
The Bank of Canada's CEER index is near a nine-year low.
A prolonged soft loonie lowers the USD price of Canadian exports, which can marginally weigh on canola and grain prices in USD terms and shift trade flows.
financialpost.comPamela HeavenOct 28, 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.
