Dollar slide creates winners and losers

The North American economies have been dominated by two main themes over the past year: the weakening US dollar and spiraling commodity prices, both of which negatively impacted the US domestic economy. There have been winners in the region too, however, especially the commodity-rich Canadian economy, which has profited from the price hikes; and the big US exporters, who have seen their competitiveness improve on the back of the dollar slide. The US economy for the most part has been able to absorb the increase in oil prices, according to Norman Raschkowan, head of North American equitie...