Loonie’s Worst Seen Behind as Bulls Embrace Surplus

Traders are betting the Canadian dollar fell too far, too fast in its worst start to a year in more than four decades, as rising commodities prices and a forecast budget surplus damp speculation for interest-rate cuts. The cost to insure against the currency weakening further dropped to a three-…

Read the original:
Loonie’s Worst Seen Behind as Bulls Embrace Surplus