As of this post the Canadian dollar is depreciating versus the American dollar. The major contributing factor to this downward pressure is due to the
Category: Foreign Exchange
How to Predict Foreign Exchange Movements
The reason domestic currencies drop may baffle some newbie FOREX investors since many movements are rooted in what are called ‘expectations’. You see, currency movements
Current Account and Devaluation of Currency
Q. Why/How may a drastic fall in the current account lead to a devaluation of a currency under a fixed exchange rate system? A. A
Capital Flight and Slowing Exports – Revaluation
Q. What kind of policies would policy makers Central Bank (CB) consider with: an exchange rate system with a “fixed E system”, high export growth,
Foreign Exchange Markets: Devaluation and Revaluation
We are re-posting this popular article about the foreign currency and the devaluation and revaluation systems. After all, what’s the point of trying to predict
Canadian Dollar Hits 1.0225, Three Year High
Running on a renewed high from the rising oil prices, the Canadian dollar appreciated against the American dollar to hit over 1.0225 USD cents to