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The loonie rose to 80 U.S. cents for the first time in more than a year as evidence accumulated that the Canadian economy was gathering speed. It has advanced almost 10 percent from a 16-month low on May 4.
Currency strength reduces the price competitiveness of Canadian agricultural exports, which can soften demand for Canadian grain and oilseed origin.
bloomberg.comMaciej OnoszkoAug 1, 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.
