No Loonie Love: Canadian Dollar ETF Faces Headwinds
August 21, 2015 at 07:30 AM EDT
Add the Canadian dollar, also known as the loonie, to the list of currencies being drubbed by falling commodities prices and the rising U.S. dollar. Year-to-date, the CurrencyShares Canadian Dollar Trust (NYSE: FXC) is down more than 11% and that ETF faces even more headwinds. The combination of a...