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MUFG analysts expect the Canadian dollar to keep its solid performance, noting it was the best performing major currency over the past month. The currency rose 3.16% against the euro and 1.75% against the pound, with only a 0.17% gain against the US dollar.
Expected Bank of Canada tightening of monetary support could keep the loonie firm against the US dollar. A stronger loonie raises the US-dollar cost of Canadian exports such as canola meal.
poundsterlinglive.comNews, Data, ForecastsMar 30, 2021Not 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.
