Two reasons :-)

回答: 美元对加元 跌得一塌糊涂。(G)2012-09-11 18:17:10

1. QE3 expectation pulls down $, all other currencies up.

2. $ drop causes raw materials and resources price up, which strengthens the C$ as Canada is a resource intensive economy.

It's like a double multiplier.

It can go other way too.

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