moo

CDN dollar just hit 6 year high.

I cant seem to find anything about the canadian dollars face ripping climb in any news sites. Can anyone shed some light on this? Up 14% in 1 year seems pretty wild.Thanks for all the answers Ill summarize here:Its because the Canadian economy is not doing well.Its also because the Canadian economy is doing well.We have lots of resources like oil and wood and real estate that are worth more.We also have a crappy economy that isnt very diversed and not doing well.The US economy is bad.The Canadian economy is bad.Its normal, except this time its not.Its time to buy Hedged ETFSIts time to buy more Unhedged ETFS via /r/PersonalFinanceCanada https://ift.tt/3f3pCIM

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