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Your daily horoscope: January 14, 2025

  HOROSCOPES IF TODAY IS YOUR BIRTHDAY If your current way of working does not seem to be taking you closer to your goals then ditch it completely and start over. New technologies such as artificial intelligence could help you immensely this year, IF you have the intelligence to use them wisely. ARIES (March 21 - April 20): There is a lot of pressure building up in your life at the moment but that’s okay because you thrive on being challenged. When the going gets tough Aries is the first sign to get tough in return and today will be no exception. TAURUS (April 21 - May 21): You may be in two minds about what direction you should be taking but what occurs over the next 24 hours will point the way and all you have to do is follow the lead that the universe gives you. Get past your doubts and get moving. GEMINI (May 22 - June 21): If you start something new today it will take up a lot more time and energy than you expected, so think about it carefully and make sure you will be able to...
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Canadian Dollar Hits Five-Year Low Amid Political Turmoil


The Canadian dollar, also known as the "loonie," has plunged to a nearly five-year low against the U.S. dollar, driven by escalating political instability. The currency dipped below 70 cents U.S. for the first time since early 2020, following the abrupt resignation of Finance Minister Chrystia Freeland.

Economists attribute the decline to a combination of factors, including the strength of the U.S. economy, the widening gap between Canadian and U.S. interest rates, and the political uncertainty in Canada. The loonie has fallen by 3.4% since the U.S. election on November 5 and is down 7.6% year-to-date.

The Bank of Canada has indicated that it may slow the pace of future interest rate cuts, which could provide some support to the loonie in the short term. However, analysts warn that the ongoing political turbulence and potential tariffs threatened by the incoming U.S. administration could further weigh on the currency.

As the Canadian government grapples with internal challenges, the loonie's future remains uncertain. Investors are closely watching the political developments and their potential impact on the economy and the currency.




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