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An analysis from CME Group explains that the Canadian dollar remains near the lower end of its historic range at about 76 US cents, more than 10% above its March low. It notes the currency's move is hard to explain with traditional macro data.
Long-run currency analysis gives context for CAD valuation but offers no immediate price signal for feed commodities.
institutionalinvestor.comThe Editorial TeamOct 12, 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.
