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The Canadian dollar fell to a one-month low of 1.4510 per US dollar on Tuesday, after touching 1.4543 intraday. Investors raised bets on Bank of Canada rate cuts following the start of a trade war expected to hurt Canada's economy.
Expectations of a trade-war hit to Canada and looser Canadian policy weaken the loonie, which can affect Canadian export pricing and demand for imported feed inputs.
Not 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.