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Analysts say the Canadian dollar has held firm at more than 76 US cents despite expectations of weakness from the new Trump administration's protectionism. The currency has been supported by firmer oil prices and is the second-best performing major currency since the US election.
The loonie's resilience keeps USD/CAD subdued, but analysts see complacency about trade risk. A sudden repricing could lift USD/CAD and raise costs for Canadian-linked commodity buyers.
theglobeandmail.comMichael BabadFeb 6, 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.
