Loading…
The Canadian dollar hit a one-week high against the US dollar after President Trump said the US would be tweaking, not overhauling, its trade relationship with Canada. US crude settled 93 cents lower at $52.93 a barrel that day.
Lower trade-policy risk for Canada supports the loonie, which pushes USD/CAD lower. Traders are also watching the Fed chair's testimony on a possible March rate hike.
globalnews.caFergal SmithFeb 13, 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.
