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Strategists expect the Canadian dollar's 2019 outperformance to fade in 2020 as Canadian growth slows. Traders priced about a 60% chance of a Bank of Canada rate cut within 12 months after a surprise November job loss.
Expected loonie weakness and possible rate cuts would make Canadian-origin feed commodities cheaper in USD terms, but the article is a currency outlook rather than a supply or demand shock.
energynow.caDec 10, 2019Not 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.
