Loonie Lurches To 13 Year Lows As Crude Nears '2' Handle

Tyler Durden's picture

Today's renewed plunge in WTI Crude (on the verge of a '2' handle any second) has extended the Canadian Dollar's weakness (among many other oil producers). For the first time since early 2003, the Loonie is worth less than 70c... (anyone for skiing?)

 

 

This can only serve to worsen the death of the Albert Dream, and all the societal depressions that is bringing with it.