Loading…
Reuters poll of more than 50 currency strategists raised forecasts for the Canadian dollar over the coming year after a deal to revamp NAFTA reduced economic uncertainty. The loonie had rallied as much as 2.3 percent since the prior Thursday and touched its highest in over four months at C$1.2783 per US dollar.
Trade certainty supports Canadian dollar strength, which can influence Canadian export competitiveness for grains and oilseeds. The currency effect on US feed commodity prices is limited.
reuters.comFergal SmithOct 4, 2018Not 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.
