Loonie Near Parity with the Buck

Here is another in a line of recent posts and articles regarding the dollar and its relationship to commodity prices. Here, we see that the Canadian Dollar is almost on par with the US Dollar as commodities rise and Canadian unemployment dips. Officials up north have signalled worries over the impact a rising loonie will have on exports to their largest trading partner, namely the US. However, there are no signs that they have taken action to manipulate the situation in any way.

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