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Analysts expect the Canadian dollar could slide toward 74 US cents or lower, depending on how trade disputes develop. Weaker-than-expected Canadian inflation and retail sales data reduced expectations for a Bank of Canada rate hike.
A weaker loonie raises the Canadian cost of US-priced feed grains and meal, while lower rate expectations offer little currency support.
theglobeandmail.comMichael BabadJun 26, 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.
