Loonie's Longest Losing Streak Since 1971 Portends More Losses

  • Drop in crude oil, economic slack undermine Canada's dollar
  • Bets central bank will cut rates next week reach 61 percent

The Canadian dollar is on its longest losing streak since at least the 1970s as speculation mounts that the central bank will cut interest rates back to the record low only seen amid the 2009 financial crisis, with almost nothing left to drive the country’s economy.

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