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The Bank of Canada held rates at 1.75% but signaled a rate cut could come if the domestic slowdown persists. The Canadian dollar fell as much as 0.6% after the decision.
Expectations of future rate cuts weaken the Canadian dollar, a currency relevant to Canadian canola and grain export pricing.
canadanewsmedia.caHarry MillerJan 23, 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.
