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A Nice Way To Profit From The Decline In The Canadian Dollar
Thursday, December 31, 2015 - 9:34am | 385After peeking in late 2007, the Canadian Dollar lost more than 25 percent in less than a year-and-a-half. However, the currency managed to recuperate, and its price remained considerably high between late 2009 and late 2013. Over 2014 and 2015, the notes once again plummeted. Over the past year,...
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Market Takes Out US Problems on CAD
Friday, June 17, 2011 - 12:45pm | 406The CAD/USD currency pair has been performing poorly the last few days. Bloomberg speculates that the Canadian dollar may be depreciating against the U.S. dollar because of poor economic data originating from the U.S. economy. Rising inflation and poor data from the Philadelphia Federal Reserve,...