The Canadian dollar (FXC) had its worst first-half loss in value since 1984, falling by 5.7% to...

|By:, SA News Editor

The Canadian dollar (FXC) had its worst first-half loss in value since 1984, falling by 5.7% to the U.S. dollar. The loonie closed 1H at 95.07 U.S. cents and at least one expert sees sub-94 cents in its near future. The bulk of the drop in valuation came during Q2, as slowing Canadian economic data bumped up against the strengthening U.S. dollar.