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Posted on: Jan. 5, 2016, 5 p.m.
The recent change in the U.S. Federal Reserve’s monetary policy is emanating the worst ripple effect toward our neighbors to the north. The CAD to USD exchange rate has hit a rough patch, wherein the loonie is seemingly facing a perpetual decline against the greenback. Worse yet, hedge funds are now jumping the Canadian dollar ship. That means the market may have largely found a consensus on the future movement of the CAD/USD rate—that is, a slump in the Canadian ... Full investment news article