CAD Hits 4 Year Low

Posted by Drew Zimmerman

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The Canadian Dollar reached lows we have not seen since November 2, 2009. We are now at 4 YEAR lows on Canadian Dollr vs the US Dollar.

This is a decline of over 2% this year, and we are only 9 days in. The decline from the highs in mid 2012 have been almost 13%. These are considerable moves considering we had $616 billion in trade with the US in 2012.

 

Drew Zimmerman

Investment & Commodities/Futures Advisor

604-664-2842 – Direct

604 664 2900 – Main

604 664 2666 – Fax

800 810 7022 – Toll Free

dzimmerman@pifinancial.com

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