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Bank of Canada Deputy Governor Timothy Lane said the bank is watching the stronger Canadian dollar and that all upcoming meetings are live for rate decisions. Canada's trade deficit also widened for a second straight month in May as exports declined.
Signals that the central bank may slow rate hikes to limit currency strength matter for the loonie, which affects Canadian canola and other oilseed product prices in US dollar terms.
reuters.comSep 18, 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.
