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ActionForex expects the Bank of Canada to hold its policy rate at 0.25% and keep a cautious tone. Canadian September payrolls rose sharply and unemployment fell to 9%, while GDP growth slowed in July.
Central bank policy and a recovering labour market shape the loonie's path, which affects Canadian export pricing with little direct impact on feed grain markets.
actionforex.comActionForex.comOct 24, 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.
