The Canadian dollar put in an average performance, in that it was unchanged on average against the other dozen most actively-traded currencies. A paucity of Canadian ecostats meant that, just as there were no dodgy data to trip it up, neither did it have chance to shine. Manufacturing shipments and wholesale sales were both lower on the month in March, as expected. Higher oil prices were offset by a flare up of the wildfire in Alberta.

The Loonie had no chance of keeping pace with the US dollar or the British pound. Sterling was boosted by an opinion poll which put the Remainers 18 points ahead of the Leavers for next month's EU referendum. The Greenback's advantage was a series of warnings by the Federal Reserve that interest rates will go up in the next month or two. As a consequence, the Loonie lost one and a half US cents and fell by five and a half cents against sterling.