The currency, unlike similar interest rate and risk sensitive currencies, does have a genuine split personality. Many see the Canadian Dollar as a “safe haven” in times of global uncertainty, while others see it as a “risk sensitive” bet that under-performs when its sister asset classes, commodities and equities, are abandoned by investors. In the past 18-months, the currency has managed to attract foreign buying interest from an array of interested parties, ranging from portfolio funds to reserve currency management specialists, who prefer to diversify out of the “the big dollar” and the EUR because of the country’s ... (full story)