March 17, 2010 · 0 comments
in Canadian, Canadian dollar, 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) [...]
March 15, 2010 · 2 comments
in Canadian, Canadian dollar, NYSE, S&P 500, US economy, exchange rates, foreign investment, hedging, international stock market, investing, stock picks, technology, telcos
Last week I looked at what would be my top three picks for Canadian stocks that Americans would do well to start out with, especially if they would like to diversify their currency risk.
At a reader’s suggestion I thought I should look across the border in the other direction at U.S. stocks that still hold [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]