The Canadian dollar edged lower on Tuesday as investors worried the Bank of Canada might temper expectations for earlier rate hikes. The loonie traded 0.1% lower at 1.2388, after touching its strongest level in nearly four months a week earlier.
U.S. crude futures rose 1.1% to $84.65 a barrel, their highest since 2014.
Concern about a dovish Bank of Canada surprise weighed on the loonie ahead of the policy decision. Higher oil prices from supply shortages and U.S. demand supported the Canadian dollar, which tracks crude closely.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Setelah 487 peristiwa makro bullish sebelumnya, Minyak Mentah (WTI) bergerak median +1,0% selama 5 sesi (60% lebih tinggi; separuh tengah -2,0% sampai +4,0%), dan +1,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.