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Statistics Canada reported the third-quarter current account deficit widened to C$19.3bn from C$15.6bn, driven by lower exports. The Canadian dollar traded mixed against G10 peers after the release, with analysts citing a significant discount to the greenback.
A wider deficit signals weaker demand for the loonie, which in turn makes Canadian-origin feed ingredients cheaper in US dollar terms.
poundsterlinglive.comNews, Data, ForecastsNov 30, 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.
