Posts tagged as:
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 [...]
{ Comments on this entry are closed }
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 [...]
{ Comments on this entry are closed }
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 [...]
{ Comments on this entry are closed }
It’s because some investors imagine that the European and Japanese economies’ growth is expected to be much slower than even that of the US. Hence, the prospects for using the Euro and the Yen as alternative reserve currencies are also looking more dismal, or so the theory goes.
I have to admit, I don’t think this [...]
{ Comments on this entry are closed }
