# Trade certainty not expected to strengthen Canadian dollar | The Western Producer

> FCC economist J.P. Gervais said the Canadian dollar is unlikely to rise much against the US dollar in the short term following the USMCA signing. The dollar briefly rose above 78 US cents before losing ground, and bond yields in Canada are moving up on expectations of Bank of Canada policy shifts.

- Date: 2018-10-25 · published 2018-10-25T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/62780-trade-certainty-not-expected-to-strengthen-canadian-dollar-the-western-producer
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A persistently weak loonie keeps Canadian commodity exports competitive, which can support Canadian oilseed and grain flows into global feed markets.

## Read by commodity

- USDCAD: neutral

## Sources

- producer.com: https://www.producer.com/news/trade-certainty-not-expected-to-strengthen-canadian-dollar/

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