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A Reuters poll of 40 foreign exchange analysts forecast the Canadian dollar would strengthen 0.7% to 1.34 per U.S. dollar over three months. The forecast matched the prior month's poll.
Analysts expecting a firmer loonie point to a lower USD/CAD over the coming months. This is a forecast with little direct bearing on feed commodity supply or demand.
reuters.comFeb 7, 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.
