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Adam Button of Forexlive expects the Canadian dollar to reach 74 U.S. cents by year-end, from about 73 cents on Monday. He attributes the move to U.S. dollar weakness and a loss of confidence in U.S. economic policy.
He also noted that the Canadian economy is holding up despite trade tensions.
A forecast for a stronger loonie signals lower USD/CAD, which marginally reduces the U.S.-dollar cost of Canadian canola and other feed exports. This is a forecast rather than a new supply or demand event.
bnnbloomberg.caDaniel JohnsonMay 27, 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.
