Posts tagged as:

CAD

Canadians: How To Protect Yourself From Currency Risk When Buying US Stocks

March 17, 2010

in CAD, Canadian, DJIA, S&P 500, currencies, diversification, dividends, financial planning, foreign investment, hedging, market timing, risk, stocks, wealth protection

Now that the loonie is flying high again, many Canadians are considering US expenditures, which become cheaper as the loonie moves higher.  Some of these purchases might be in the form of US stocks through your online brokerage.
But before you hit the trigger and jump on a position in Walmart (NYSE: WMT), Apple (NSDQ: AAPL) [...]

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What’s Happening With the Canadian Dollar?

October 15, 2009

in CAD, central banks, currencies, exchange rates, forex

The Canadian dollar has broke through some interesting points this past week.  On Tuesday, it hit 14-month highs, climbing up 3.5% over the past 7 days – which is quite a bit in currency terms.  The loonie is also up against all 16 major currencies.  All of these data points have analysts speculating that the [...]

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What To Do With Your Money When the Canadian Dollar Is Nearing Parity With the US Dollar

October 14, 2009 · 12 comments

in CAD, USD, exchange rates, forex, living in US, money management, purchases, spending, travel

The Canadian dollar is once again at 52-week highs and edging closer to parity every day.  Since this happens once in a blue moon, it pays to be able to recognize it when it’s happening and be able to act on the opportunity.
I’ve written previously about how you can build up your reserve of US [...]

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Historical Highs and Lows of the Canadian Dollar Against the US Dollar

October 3, 2009 · 5 comments

in CAD, currencies, exchange rates, forex

With the US dollar in a general bear market decline since about 2001, more and more speculation and trading is beginning to reflect lower expectations for the greenback as a result of the US Fed’s unprecedented levels of “quantitative easing” and fiscal stimulus.
This has Canadians enjoying the resulting higher values in the loonie and greater [...]

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Commodities Currencies Trade With Oil Prices

September 14, 2009 · 4 comments

in CAD, Canadian economy, USD, commodities, forex, oil

The Canadian dollar (CAD) is a commodity currency, for better or for worse.  This means that global traders view its worth in terms of the commodities produced within the Canadian economy: gold, timber, silver, nickel, potash, wheat, natural gas and, of course, oil.
By far the most strong correlation with the value of the Canadian [...]

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