Canadian Dollar ETF Losing its Commodity Currency Status
April 29, 2014 at 13:50 PM EDT
The Canadian dollar, along with the related exchange traded fund, has lagged behind other developed market currencies this year, as the U.S. becomes more energy independent and winter demand for Canadian exports falters. The CurrencyShares Canadian Dollar Trust (NYSEArca: FXC) is down 3.6%...