Dollar Never

Why has the Canadian dollar never been traded higher than the US dollar in Foreign Exchange?

Setting aside the fact that the Canadian dollar is higher than the US dollar right now, the US economy is much larger than the Canadian economy and the strength of the dollar encouraged many foreigners to hold dollars as a hedge against high inflation in their country. That demand for US dollars kept the US dollar above the Canadian dollar. Now that the US dollar is plummeting foreign demand for US dollars has fallen. That is one of many reasons the Canadian dollar has surpassed the US dollar.

Celente: Dollar not worth its paper, Greatest Depression up ahead