Wed, 13 Nov 2013 10:33:14 GMT
Loonie falls on speculation Fed will reduce stimulus
The Canadian Dollar dropped 0.2% against the greenback, thus reaching the lowest level in more than two-month time, on bets that the Federal Reserve is going to reduce the stimulus measures, which have helped to support world economy. The loonie has tumbled 3.8% in the last six months, thus having the third worst performance among 10 major peers.