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Analysts at Corpay discuss how the U.S. election and Bank of Canada rate cuts could push the Canadian dollar below 70 U.S. cents if Donald Trump wins. The piece is a short market interview with no new data.
Election-driven currency risk could raise the Canadian-dollar cost of U.S. feed imports if the loonie weakens further. The effect is speculative and depends on the election outcome.
financialpost.comLarysa HarapynOct 30, 2024Not 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.
