Canadian Dollar Takes a Plunge as US-Iran Drama Hits

Alright, so here’s the scoop! The Canadian Dollar was having a blast until some serious US-Iran drama crashed the party. Investors got all jittery and sprinted to the US Dollar like it was the last piece of pie. With the Fed acting all hawkish, the greenback became the belle of the ball, leaving our poor loonie in a bit of a pickle, huh?