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Canadian employment fell by 4,700 in October and unemployment rose to 6.7%, lowering market-implied odds of a Bank of Canada rate increase in December to about 32% from 40%. Separately, U.S. prediction-market odds of a December Federal Reserve hike fell to 67% after the midterm elections.
Weaker Canadian employment may weigh on the Canadian dollar, while reduced U.S. rate-hike expectations could offset some of that pressure. The article gives no clear net currency direction and indicates no direct change in feed supply or demand.
ijr.comNov 7, 2026Not 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.
