Short The Canadian Dollar On Weak Commodities
Oct 31st, 2008 | By J. Christoph Amberger | Category: US Dollar & Forex TradingCanada’s resource-rich economy is feeling the strain of tumbling commodity prices and falling demand in the US. And that’s bad news for the Canadian dollar. J. Christoph Amberger says the days of parity with the US dollar are long gone. He thinks it’s time to short the loonie.