Loonie, AKA Canadian Dollar, hits 14-Year Highs Against The Greenback

Loonie hits 14-year high against the greenback: Thanks to the booming demand for commodities,and especially oil, the Canadian economy is experiencing firm growth. This is reflected in the soaring Canadian Dollar, which has recently made 14-year highs vs. the US Dollar. The most recent Canadian GDP figure was released yesterday, which showed a rise of 0.2% in November, which was in-line with analysts' expectations. Read More....