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The Canadian dollar was little changed near 1.3720 per US dollar on June 18 as investors awaited Bank of Canada minutes. The loonie had been holding in a narrow range after touching a near two-month low the previous week.
The article covers routine currency trading.
Without a new driver, the loonie's steady trading has no meaningful effect on feed commodity prices. It is routine currency commentary.
reuters.comFergal SmithJun 18, 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.
