# Swagger Seeps Out of Loonie as Canada Growth Concerns Intensify - Canadian Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow

> 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.

- Date: 2019-12-10 · published 2019-12-10T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/55810-swagger-seeps-out-of-loonie-as-canada-growth-concerns-intensify-canadian-energy
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

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.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- energynow.ca: https://energynow.ca/2019/12/swagger-seeps-out-of-loonie-as-canada-growth-concerns-intensify/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.