Is Now The Time To Use Currency Hedging?

We’re not quite in “northern peso” territory yet, but the Canadian dollar has taken a beating recently, reaching depths not seen since 2003. Any time there is a significant move in the markets—whether it’s stocks, interest rates or currencies—investors tend to second-guess their strategies. Of course, the financial media is always there to support them with hyperbole, overreactions and short-term thinking. Investors might now be wondering if they...