# Canada dollar looks to extend outperformance deeper into 2021

> A BNN Bloomberg piece dated April 4, 2021 says the Canadian dollar could extend its outperformance deeper into 2021. The page text is mostly market-board navigation and contains little analysis.

- Date: 2021-04-04 · published 2021-04-04T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/47854-canada-dollar-looks-to-extend-outperformance-deeper-into-2021
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Continued loonie strength would lower the Canadian-dollar cost of US-priced feed ingredients and equipment. The direct effect on grain and oilseed prices is limited.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- bnnbloomberg.ca: https://www.bnnbloomberg.ca/canadian-dollar-shows-it-has-swagger-as-supercyclists-hop-aboard-1.1586070

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.