Loading…
The Canadian dollar weakened against the U.S. dollar on December 1 as investors cut bets on another oversized Bank of Canada rate hike, while the loonie fell harder against other G10 currencies. The currency was trading at 1.3430 per U.S. dollar.
Currency moves of this size have little direct effect on grain or oilseed prices and are a routine market move without a major supply or demand cause.
reuters.comFergal SmithDec 1, 2022Not 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.
