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Canadian, Australian dollar in record declines

August 9, 2008 · Filed Under International Investing · Comments 
The Canadian and Australian dollars are coming off a record-breaking losing streak. If commodities continue to fall, the drop could turn into a rout. by Cordell Eddings, Bloomberg.com Baltimore — (TFN): Canada’s dollar posted its biggest weekly loss since at least 1971 as a report showed employers unexpectedly shed jobs for a second month, raising speculation that [...]