Loading…
The Canadian dollar fell against major peers on Friday despite July GDP growth of 0.2% month on month, above forecasts. Attention focused on softer U.S. August PCE inflation, which lifted hopes for further Fed rate cuts.
Currency moves here reflect U.S. rate expectations rather than commodity fundamentals. The effect on feed input prices is minimal.
octaafrica.netSep 28, 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.
