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The Canadian dollar fell to a two-week low of C$1.2611 per US dollar after June's trade deficit widened to C$3.60 billion. A stronger-than-expected US jobs report also lifted the greenback.
A wider trade deficit and firmer US dollar weaken the loonie, which can make Canadian commodity exports cheaper in USD terms while raising the cost of US goods imported into Canada.
finance.yahoo.comReutersAug 4, 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.
