Do you think OPEC's decision will have a lasting effect on the Loonie?
Of course! A decline in oil prices almost always leads to a decline in the Loonie's value too.
I doubt it. The sell-off in higher-yielding currencies is just overdone.
Err, I don't know. With the spotlight always on Europe, it's hard to tell if it's not just risk aversion getting the Loonie sold off.
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