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USD/CAD retreated from the 1.3100 area on July 31, 2018 as crude oil prices eased. Traders were awaiting Canadian monthly GDP and U.S. personal income and spending data.
Currency moves of this size have limited direct effect on feed prices, though a weaker loonie can marginally shift Canadian export competitiveness for grains and oilseeds.
octaafrica.netJul 31, 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.
