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Tag Archives: Weak
Canadian dollar closes lower amid U.S. dollar strength, weak commodity moves
Canadian dollar closes lower amid U.S. dollar strength, weak commodity moves TORONTO – The Canadian dollar fell more than a third of a US cent Tuesday as the U.S. dollar picked up strength against most currencies while commodity prices were … Continue reading
Commodities: Weak Dollar, But Gold Slumps
Commodities: Weak Dollar, But Gold Slumps Normally it’s a profitable trade: buy commodities or derivatives based on them,and when the US dollar weakens, watch commodity prices rise as the greenback sells off.But that normally lucrative trade has not been as … Continue reading