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The Canadian dollar gained slightly against the US dollar on the last trading day of the week but posted its sharpest weekly decline since May, losing more than 2 per cent. The currency had hit a nearly two-month low before rising oil prices supported it.
Currency moves tied to oil and central bank divergence affect the cost of Canadian oilseed and grain exports for dollar-based buyers.
businesstimes.com.sgMar 5, 2017Not enough comparable past events yet for a historical read.
Not 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.
