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The Canadian dollar dipped as oil fell 0.9 percent to $45 a barrel after weekly US crude stocks rose more than expected. The loonie traded at C$1.3462 to the US dollar, or 74.28 US cents.
Lower crude prices weaken energy-linked demand for biofuel feedstocks and reduce support for vegetable oil and meal values.
reuters.comNov 16, 2016Not 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.
