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Once again, the Canadian dollar is climbing back up towards parity with the greenback. Most recently, it closed at 92 cents on the US dollar. For Canadians, this is an excellent time to purchase US dollars ahead of any trips you might need to take south of the border. Many people simply wait until they [...]
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China was the first to open the floor for discussion on the continued viability of the US dollar as the world’s reserve currency a couple of months ago. With good reason, since they are now the largest foreign holder of US debt instruments (that’s the paper money the Fed prints out of thin air). Just [...]
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