# Canadian Dollar Seen Higher as NAFTA Risk Premium Fades - Canadian Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow

> A Reuters poll of over 40 currency strategists expects the Canadian dollar to firm to C$1.2700 in three months and C$1.2500 in a year as NAFTA prospects improve. The loonie had recently hit its strongest level in over five weeks on positive comments about a trade pact.

- Date: 2018-04-06 · published 2018-04-06T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/65743-canadian-dollar-seen-higher-as-nafta-risk-premium-fades-canadian-energy-news
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A firmer loonie and reduced NAFTA risk support Canadian export competitiveness for grains and oilseeds, and a lower risk premium on trade with the US eases concern over North American feed flows.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- energynow.ca: https://energynow.ca/2018/04/canadian-dollar-seen-higher-as-nafta-risk-premium-fades/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.