canadian dollar prediction for summer 2009
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Canadian Dollar Hits Five-Year Low Following Soft Data and Weaker Stocks
The Canadian dollar continues to lose ground and is trading at five-year lows against the U.S. dollar as domestic data remains weak and North American equities lose more ground.The sell-off in the Canadian dollar started following a weaker-than-expected Canadian housing starts report. The pace of new housing starts in Canada fell for the sixth straight month, posting a 12.3% monthly slowdown and a nearly 46% drop from a year ago, the Canada Mortgage and Housing Corporation (CMHC)
single housing starts index - michigan housing starts 2008 - michigan housing starts for 2009
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