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USD/CAD was offered near 1.2600 as the US dollar sold off on falling Treasury yields and risk-off sentiment. WTI traded near $59.50, supporting the loonie after the prior day's sharp oil drop.
Routine currency commentary with oil and dollar moves; a softer USD and steady crude support the loonie, which affects USD-denominated costs of Canadian feed commodities only marginally.
octaafrica.netFeb 13, 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.
