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The Bank of Canada raised its overnight policy rate by 25 basis points to 2.5%. USD/CAD fell 0.44% between Oct 27 and Oct 29, a move the data describes as within its normal daily range.
Other Canadian crosses moved little.
A higher Canadian policy rate supports the loonie, which makes Canadian export commodities such as canola meal relatively more expensive for foreign buyers. The reaction was modest, so the price effect on feed inputs is limited.
forex.in.rsIgor M.Nov 1, 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.
