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Scenarios suggest the Canadian dollar could slide to 70 U.S. cents this year, driven by Bank of Canada rate expectations and NAFTA uncertainty. Canada, the U.S. and Mexico were starting their sixth round of NAFTA talks in Montreal.
Analysts cited headline risk from negotiation news.
NAFTA headline risk could move the peso and loonie sharply, affecting North American export competitiveness for grains, meal and meat, which feed buyers should watch.
theglobeandmail.comMichael BabadJan 23, 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.
