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CIBC economists expect USD/CAD to remain range-bound until the Bank of Canada's rate path becomes clearer relative to the Fed. They forecast USD/CAD at 1.36 by end-2021, citing Canada's slower vaccine rollout and oil-heavy resource exports.
This is a currency forecast with no direct effect on feed supply or demand. It has limited relevance to feed pricing beyond general exchange-rate sentiment.
forexcrunch.comFX StreetNov 27, 2020Not 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.
