Canadian dollar forecasts slashed, bracing for recession - Reuters poll
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TORONTO (Reuters) - The Canadian dollar is set to remain at depressed levels over the coming months, with analysts in a Reuters poll slashing their forecasts for the currency as the coronavirus pandemic potentially pushes Canada's economy into a deep recession. The loonie has plunged more than 8% since the start of the year, with much of that decline coming over the past month, as the coronavirus outbreak interrupted global economic activity and major oil producers began a price war.Canada's..