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The Canadian dollar fell to 1.3192 against the US dollar on September 4, its highest level since July 20, after Trump said there was no political necessity to keep Canada in the new NAFTA deal. The US and Mexico had reached a deal without Canada, and talks with Canada had been adjourned.
Risk of Canada being excluded from a North American trade deal raises uncertainty for cross-border grain and feed trade and supports a stronger dollar against the loonie.
cnbc.comFred ImbertSep 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.
