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Loonie falls amid market turmoil, but experts see limited downside | Freshnews.ca
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Loonie falls amid market turmoil, but experts see limited downside
CBC: 159 days ago

The plunge in global stock markets over the past week has dragged down the Canadian dollar and oil prices, but some market observers see signs the loonie's fortunes will change this year even as the Canadian dollar continued its slide Monday.

 
Canadian dollar doesn’t have much further to fall despite market turmoil, experts say
Toronto Star: 159 days ago

Mark McCormick, North American head of FX strategy for TD Securities, says he forecasts the loonie will bottom out at about 79 cents U.S. and settle into a range of 80 to 81 cents U.S. within the next couple of months.

 


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