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A Reuters poll found the Canadian dollar expected to strengthen 0.4% to 1.26 per US dollar in three months and to 1.23 in a year. Forecasters cited high commodity prices and aggressive Bank of Canada rate hikes.
Currency forecasts signal a firmer loonie, which can make Canadian canola and other exports slightly dearer on world markets; the impact on feed prices is limited.
reuters.comFergal SmithJun 2, 2022Not enough comparable past events yet for a historical read.
Not 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.
