Archive for July, 2009

Thursday, July 23rd, 2009

The Loonie is gaining against the Dollar

Last night the Loonie gained a cent against it’s southern neighbour.  The recent gains can be attributed to the BoC saying that the recession is currently over in Canada, coupled with the march up in the price of oil.  Difficulty is that as the pair moves towards parity, Canadian exporters start to feel pain, as [...]

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