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Canadian dollar weakness on July 31, 2018 followed a report that Canada was excluded from high-level NAFTA talks between Mexico and the U.S. USD/CAD rose to 1.3095 before retreating. Canadian May CPI was expected to rise 0.4 percent.
Trade exclusion risk for Canada raises uncertainty for North American feed and grain trade flows, and the loonie's weakness can shift relative export pricing.
baystreet.caRahim MadhavjiJul 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.
