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The Canadian dollar has risen about 6% from its January low, holding near 1.38 per U.S. dollar. The article attributes the gain mainly to U.S. dollar weakness, citing weak U.S. Q1 GDP, higher jobless claims and a large new tax bill that adds to fiscal concerns.
Trade tensions are also back in the headlines.
A weaker U.S. dollar lowers the cost of Canadian feed exports for U.S. buyers and could ease pressure on Canadian feed prices. Fiscal and trade concerns in the U.S. could push the dollar lower further.
interchangefinancial.comRaevon BourqueMay 30, 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.
