Tuesday , 17 October 2017


Tag Archives: Canadian dollar

These 5 Currencies Closely Track Specific Commodities

currency-collage-11-2015

For more than a year now, commodity prices have been under pressure from the strong U.S. dollar and slowing global demand. This has made a huge dent in the balance sheet of many net exporters of resources, in turn weakening their currencies. What most people don’t realize, however, is just how closely some currencies track certain commodities. Below are five world currencies that have been impacted by lower commodity prices.

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Where Does Your Country’s Currency Rank?

currencies

Below is the list of the top 10 strongest currencies in the world, as measured by their percentage of the foreign trade market based on their combined interest in the world's 3 foreign exchange markets.

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Here Are the Many Benefits of Having a Bank Account in Hong Kong

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Hong Kong is an excellent place to bank. One of the best in the world, in my opinion. Why? Because the banks are strong, stable, innovative, and well-capitalized [and account holders] are free to choose what currency to accept (and save), whether HK dollars, US dollars, Chinese Yuan, gold, or anything else.

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Time to Sell the U.S. Dollar & Diversifying Into a Basket of Hard Currencies?

currencies

Stocks are up. Bonds are expensive. Dollar cash is unlikely to preserve purchasing power in an environment of negative real rates. Diversifying to a basket of hard currencies might help to mitigate some of the risks out there. It clearly adds currency risk but in an environment where there may not be such a thing as a risk free asset, it might be a risk worth pursuing...

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