Explain why the CAD gained value from about 2001 to 2010 and then lost it again over the next 8 years.

In the early 1990s Canadian dollar (CAD) was only worth about $0.67 U.S. dollars (USD). In 2010, it was worth more than a USD (the CAD reached $1.05 USD). Explain why the CAD gained value from about 2001 to 2010 and then lost it again over the next 8 years. (Must present real numerical data).

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