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David Rosenberg, chief economist at Gluskin Sheff, discusses the headwinds facing the Canadian dollar and says he expects it to fall toward 71 U.S. cents. The interview covers the currency outlook and offers no new data.
A forecast fall in the loonie toward 71 U.S. cents would raise USD/CAD. It is an opinion view with limited direct impact on feed commodity prices.
Not 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.