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CAD/USD Continues to Fall After FOMC Minutes
Amid a radically risk-averse environment, the Canadian dollar is just off session lows against the U.S. dollar on Wednesday, following the release of the latest set of Federal Reserve meeting minutes.
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Consumer prices, home starts plunge in October
Consumer prices fell at a record pace in October and new-home building slumped to fresh lows, according to government reports on Wednesday that suggested the economy likely is already in a recession that may be long and deep. 8
US grains, soy fall on ailing economy, firm dollar
U.S. grain and soybean futures eased on Wednesday in tandem with other commodities, including crude oil and industrial metals, as concerns about a deepening global recession weighed on all markets, traders said. 8
Consumer Prices Drop 1.0% on Lower Gasoline Costs
Consumer prices dropped 1% in October as gasoline prices tumbled, the Labor Department said on Wednesday, marking a possible bright spot for consumers battered by economic turmoil. 7
Markets Take Weak Economic Data In Stride
As expected, bad news on the state of the US economy continues to roll in. First up, construction starts on new US homes fell 4.5% to a record seasonably adjusted low of 791,000 units last month and new applications for building permits fell 12.0 7
Canadian Dollar Suffers Broad-Based Losses as Equities
The loonie is currently down against all major foreign currencies, including the U.S. dollar ahead of Wednesday's anticipated consumer price index (CPI) report. 8
U.S. Economy: No Easy Answers, But Plenty of Questions
These are some of the most frequently-asked questions I have heard in the various speaking engagements and media interviews I’ve participated in over the past several months. 7
U.S. Housing Starts and Permits at All-Time Lows
U.S. housing starts and building permits each fell to record lows in October, which economists say is bad news in the short term. However, the quicker housing activity declines, the quicker excess inventory will be cleared off the market and the 
