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The Canadian dollar tested support near 1.30 on July 31, 2018 as oil prices rose and the U.S. dollar weakened. Scotiabank noted mixed drivers, with domestic oil prices soft and yield spreads consolidating.
Currency swings tied to oil and NAFTA headlines affect the landed cost of Canadian feed commodities, though the effect on feed prices is modest.
exchangerates.org.ukFrançois AuréJul 31, 2018Not enough comparable past events yet for a historical read.
Not 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.
