 Loonie poised for quick recovery: economist The Canadian dollar could quickly recover more than half the massive losses it has sustained this month once banks, hedge funds and other big investors no longer have to buy vast quantities of greenbacks and yen to cover short positions in those currencieCommentsview comments in forum Page 1 You need to be a member of CKA and be logged into the site, to comment on news. |
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That's a trooper. Get a little soft, then recover quickly.
That just sounds dirty.
That's a trooper. Get a little soft, then recover quickly.
That just sounds dirty.
It was supposed to.
At least my sense of humour amuses me.
That's a trooper. Get a little soft, then recover quickly.
commodity based
commodity based
Both are correct. Everyone is fleeing to the US dollar (and paying back the Kerry trade for the yen). The drop in all things commoddities will hurt the Loonie, as Canada's economy has grown more dependent on commodities. Though to be fair, Canada's long term positioning is better.