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Olduvai III: Catacylsm
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Loonie Lurches To 13 Year Lows As Crude Nears ‘2’ Handle

Loonie Lurches To 13 Year Lows As Crude Nears ‘2’ Handle Today’s renewed plunge in WTI Crude (on the verge of a ‘2’ handle any second) has extended the Canadian Dollar’s weakness (among many other oil producers). For the first time since early 2003, the Loonie is worth less than 70c… (anyone for skiing?) This can only […]

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Canadian dollar on track for 2nd-worst year ever

Canadian dollar on track for 2nd-worst year ever Currency is down 17% year-to-date against the U.S. currency The Canadian dollar hasn’t been at par with the U.S. dollar for three years. This year, the loonie’s slide against the American dollar was one of the biggest ever. (Mark Blinch/Reuters) The word “beleaguered” — often used to describe […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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