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Wile E. Coyote in Chariots Of Fur, 1994.
Wile E. Coyote in Chariots Of Fur, 1994.
(Courtesy: Everett Collection/Warner Bros.)

SCOTT BARLOW

Is the loonie having a Wile E. Coyote moment?

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Market action in the materials sector suggests that the Canadian dollar is still defying gravity and is set for further weakness.