Posts tagged as:

Canadian dollar

What To Expect in Stock Markets for February

February 1, 2010 · 6 comments

in 2010, February, S&P 500, international stock market, investing, market reports, market trends, seasonal investing, stock exchanges, stocks

Predicting where the stock market will go in February might be a lesson in futility more than futurity, but that doesn’t mean we can’t pay close attention to what the analysts are looking out for – and other key pieces of market news such as earnings, announcements from the Fed, levels of consumer credit card [...]

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Will the Winter Olympics 2010 Be Good for the Canadian Dollar and Canadian Economy?

January 21, 2010 · 4 comments

in 2010, British Columbia, Canadian, Canadian dollar, Canadian economy, Olympics, entertainment, forex, news and updates, seasonal investing, special dates, sports, winter

Between February 12 and 28, 2010, all eyes around the world will be on Vancouver, BC, Canada for the 2010 XXI Winter Olympic Games.  More than viewers around the world, the Winter Olympics are expected to attract thousands of new visitors, tourists, athletes and Olympic personnel to the lower mainland of British Columbia.  But just [...]

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Market Jitters: Are We About to See the End of the Risk Rally and Bear Market Bubble?

January 20, 2010 · 13 comments

in 2010, Federal Reserve, US economy, bull market, central banks, economy, exchange rates, financial planning, forex, hedging, inflation, interest rates, international economy, market crash, market reports, market timing, recession, risk

Highest ever one-month inflation rise in the UK for December, fiscal imbalances in Greece, weakened macro-economics in Germany, a Canadian housing market bubble, higher than 50% gains in the commodity currencies since last March (2009), and the return of hubris and risk-taking in the U.S. investment banks… what do these all have in common?
Is it [...]

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UK Pound Sterling Near 24 Year Low Against Canadian Dollar

October 24, 2009 · 2 comments

in Canadian dollar, UK, central banks, currencies, international economy, pound

Just last week, the UK pound sterling (GBP) hit a 24-year low against the Canadian Dollar when it also hit five-year lows in UK inflation.  The pound is currently weakening again as a result of the latest Bank of England reports on lower than expected Q3 GDP growth, which actually contracted 0.4%.
Ashraf Laidi, CMC Markets [...]

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

October 3, 2009 · 3 comments

in Canadian dollar, 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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Traveling to Canada: You Will Need To Convert to Canadian Money (Canadian Dollars)

August 28, 2009 · 0 comments

in Canadian, Canadian dollar, currencies, forex, travel

If you’re driving up north over the border, you won’t be able to use your U.S. dollars in Canada.  You will need to buy Canadian dollars.  There are a few bordertown-type places (like the Windsor casino) that might take your U.S. dollars at par, but don’t count on it.
While the U.S. is Canada’s largest trading [...]

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Still A Good Time for Canadians To Purchase US Dollars While The Loonie Is High

August 5, 2009 · 5 comments

in Canadian dollar, currencies, exchange rates, financial planning, travel

Yesterday the Canadian loonie started a downward climb again, but was still buying 93.1 cents USD (down from a Monday high of 93.9 cents USD).  Last Friday the Canadian dollar was at 92 cents USD.  If you didn’t get a chance to purchase American dollars then, consider doing so now.
How To Purchase US Dollars
There are [...]

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