Canadian oil is trading at a mere US$9 per barrel.
Canada's relatively high interest rates and rising commodity prices are making the loonie attractive. But the Bank of Canada might not like that.
Canada's economy grew faster than expected in October, but oil prices and stock markets are falling.
NAFTA's replacement leaves much of the old trade pact intact, a relief for markets.
Traders lose some faith in Canada amid a slowing economy and new U.S. import tariffs.
"The market has to work out what the trade wars mean for the U.S. dollar."
High household debt, risk of a NAFTA collapse will weigh on the Canadian dollar.
Canada's economy is firing on all cylinders.
The currency spiked to its highest level in two years Wednesday morning.
Stocks and the U.S. dollar are down. Bets Trump is history are up.