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The Canadian dollar was the only G10 currency to lose ground against the greenback on Thursday after a wider-than-expected current account deficit. Economists expect Canada's economy to have contracted about 10% annualized in the first quarter, with a deeper slump in the second quarter.
Expected economic contraction in Canada weighs on energy demand and the loonie, with limited direct effect on feed grain prices.
financialpost.comReutersMay 28, 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.
