China Likes Canadian Investments

When I turned on the currency screens this morning, the euro (EUR) was trading with a 1.47 handle! WOW! It just skipped right through the 1.46 handle, eh? It began yesterday afternoon… The dollar was getting sold on the news of a strong retail sales figure (more on that in a minute), and the euro was edging up the 1.46 ladder. The move to get it past 1.47 came in the overnight markets. Now,...