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Canadian Dollar Impacts Commodity Prices

What’s happening with the dollar has an influence on what happens in the commodity market.
 
Bruce Burnett G3 Canada’s Weather and Crop Specialist  talks about the turn around we started seeing in the dollar last week.
 
"The Canadian dollar's strength is stronger than what you'd expect from the change in the oil prices here. It looks as though some of the sentiment may be shifting towards stable to a stronger Canadian dollar in the coming. Certainly, something to keep an eye on. It does have an impact on virtually all the commodities that we sell in Western Canada," he said.
 
Source : Discoverestevan

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