Loading…
The Canadian dollar gave back Thursday's gains on Dec. 22 after Statistics Canada reported zero GDP growth for October against an expected 0.2 per cent.
USD/CAD rose from 1.2700 to 1.2778 after the release.
Weaker-than-expected growth lowers expectations of Bank of Canada rate hikes and nudges the loonie lower. The effect on feed prices is small and mainly affects the USD cost of Canadian-origin products.
poundsterlinglive.comNews, Data, ForecastsDec 22, 2017Not 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.
