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Exchange-rate forecasters from UniCredit, Morgan Stanley and Crédit Agricole gave differing views on USD/CAD in a weekly outlook. USD/CAD closed the prior week at 1.3265 after the Canadian dollar gave up some gains on lower oil prices.
Currency forecasts reflect expected shifts in the loonie, which affect the cost of Canadian-origin feed ingredients for US and other buyers. The article offers forecasts rather than new supply or demand changes.
exchangerates.org.ukFrançois AuréJun 26, 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.
