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Commodity super-sad cycle is a pain in the Canadian (Dollar)

Posted on 16 January 2014

Yes, hard for most people who have ONLY lived through the markets with a strong commodity foundation to believe that the Canadian Dollar was once trading at 1.60/USD. Hockey players sure remember, and they once were paid a premium to play north of the border despite this being the land of hockey royalty (in my view).
Today the Canadian Dollar is off another 50bps and has weakened against the US Dollar almost “3 big figures” since the start of the year………………………………………..Full Article: Source

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This post was written by:

VRS - who has written 38515 posts on Opalesque Commodities Briefing.


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