# CAD seasonality analysis: Spring into action, fall back Into into line - BofA

> Bank of America research describes seasonal patterns in the Canadian dollar, which tends to appreciate moderately from April through June and depreciate in the fall. BofA links the pattern to broader USD seasonality, risk appetite and oil prices.

- Date: 2021-02-23 · published 2021-02-23T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/48895-cad-seasonality-analysis-spring-into-action-fall-back-into-into-line-bofa
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

This is a seasonal outlook with no new cause, so it has little direct bearing on feed prices. It offers only a weak signal for the timing of Canadian-currency effects on imported ingredients.

## Read by commodity

- USDCAD: neutral

## Sources

- investinglive.com: https://investinglive.com/news/!/cad-seasonality-analysis-spring-into-action-fall-back-into-line-bofa-20210223

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