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    FX Forecast: Gloomy Outlook For The Canadian Dollar

    The Canadian dollar sinks below the 70 cent U.S. level for the first time since 2003.

    Photo: morbokat   The Canadian dollar also known as the loonie, went down to 69 cents reaching its lowest point on Tuesday, January 12 for the first time since 2003. It is projected that the Canadian dollar will continue to depreci...

    Tags: bank of canada,canada dollar,loonie,currencies,foreign currency,currency exchange,money,economy