Canadian Dollar ETF Weakens After IMF Sees Low Rates Until 2015
November 29, 2013 at 08:00 AM EST
The International Monetary Fund believes Canada has some wiggle room to keep benchmark rates unchanged until early 2015, putting pressure on the loonie and Canadian dollar exchange traded fund. The CurrencyShares Canadian Dollar Trust (NYSEArca: FXC) dipped 0.6% Wednesday. FXC is down 5.6%...