Canada Rate Policy Keeps Currency ETF Depressed
December 04, 2013 at 14:10 PM EST
The Canadian dollar exchange traded fund took another hit Wednesday, with the loonie weakening to a three-year low against the greenback, as the Bank of Canada kept rates unchanged but left room for further cuts. The CurrencyShares Canadian Dollar Trust (NYSEArca: FXC) dipped 0.4% Wednesday. FXC...