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The Canadian dollar slipped below 76 US cents, weighed by a stronger US dollar, trade developments, and diverging central bank paths. A weaker Canadian manufacturing report added to the pressure.
A weaker loonie raises the cost of US-priced feed for Canadian buyers, and trade risks to Canadian exports add downside pressure.
theglobeandmail.comMichael BabadJun 15, 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.
