# Why a sharply lower Canadian dollar appears to be on the horizon - The Globe and Mail

> Analysts forecast the Canadian dollar could fall below 75 U.S. cents in 2018, based on bond yield spreads and central bank policy expectations. The article notes the loonie's historic link to two-year bond yields has weakened with crude prices. The piece is an analysis of currency drivers rather than a new event.

- Date: 2018-01-23 · published 2018-01-23T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/67201-why-a-sharply-lower-canadian-dollar-appears-to-be-on-the-horizon-the-globe-and
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A weaker loonie would lower the cost of Canadian canola meal and other exports for overseas buyers, a mild bearish signal for Canadian feed ingredient prices.

## Read by commodity

- USDCAD: bullish ▲
- CANMEAL: bearish ▼

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/globe-investor/inside-the-market/bond-market-forecasts-indicate-a-sharply-lower-loonie-is-on-the-horizon/article37710919/

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