What a weak loonie means for Canadian investors

Currency movements are highly volatile and hard to predict – so individual investors should stay away from taking direct currency bets

Andrew Willis 16 August, 2019 | 2:19AM

 

 

Andrew Willis: Canadian investors could not have missed the headlines about a troubled loonie. The Canadian dollar has been weakening recently, with falling oil prices and rising trade concerns. Is this something you should worry about? Broadly, no, but now is a good time for investors to assess how vulnerable their portfolios are to currency movements.

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Andrew Willis

Andrew Willis  Andrew Willis is a content editor for Morningstar.ca.