Thursday, 8 April 2010

Loonie Standoff against the Dollar

The Loonie has touched parity with the Greenback for the first time in 2 years. This is partly due to the OECD forecast that Canada’s GDP would grow faster than any other G7 country during the first half 2010. 1CAD = 0.998004 USD (i.e. just under parity).

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