Canadian Dollar Hits New Lows

Posted by Drew Zimmerman

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On a spike lower this morning the Canadian Dollar traded to lows (93.13) against the US Dollar not seen since May 26, 2010. That’s 3 1/2 year lows!

With commodities continuing to be out of favour, the Canadian Dollar will struggle. Highlighted by Golds lowest daily close since August 4th 2010.

Drew Zimmerman

Investment & Commodities/Futures Advisor

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dzimmerman@pifinancial.com

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