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The Canadian dollar was little changed against the US dollar as oil prices fell in volatile trading after the IMF cut global growth forecasts. US crude dropped 4.3% to $103.51 a barrel, and Canadian housing data showed signs of cooling.
Falling oil on demand concerns signals weaker energy prices, which can soften feed-related energy and freight costs.
brecorder.comReutersApr 20, 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.
