The loonie takes flight as the U.S. dollar loses favour

Open this photo in gallery: The Canadian dollar coin is pictured in North Vancouver on May 29, 2019. The loonie has surged to its highest level since just after Donald Trump was elected last November.JONATHAN HAYWARD/The Canadian Press The Canadian dollar and other major currencies are rallying against the U.S. dollar as investors question the safe-haven status of U.S. investments at a time when President Donald Trump is changing his trade policies sometimes by the day. The loonie surged above 72 US cents on Friday, its highest level since just after Mr. Trump was elected last November. The currency's gains…