Tag Archives: Canadian dollar

The bull market in gold has been aided and abetted to a large degree by the weakness in the US dollar but, seen through the lenses of other currencies, the gold bull has been much less robust. Words: 956

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.

Most people don’t realize is just how closely some currencies track certain commodities - specifically oil, copper and iron ore. Below are 5 world currencies that...[have significant correlation to such commodity prices].

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.

This article suggests that the Australian and Canadian dollars, and the British pound Sterling, can expect to decline significantly relative to the U.S. dollar in the months ahead and gold to decline even further relative to industrial commodity prices. Here's why.

The U.S. Dollar Index has fallen through support at 80 once again. If this current decline trend continues it will drop below 79.20 for the first time in nearly two years. This could pave the way for a deeper decline below the 76 level and signal a continuation of the downtrend that started in 2002.

The Canadian dollar is at its lowest level versus the American greenback in nearly two years and that’s good news for the Canadian economy. Here's why.

In celebration of Canada's 146th birthday on July 1st we take a look at some of Canada's extraordinary - and rather costly - coins.

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...

[To repeat,] Canada's concentrated bet on real estate and construction, while creating jobs in the short term, is putting Canadian economy at greater risk in the future [and, with it unlikely that] Canadian households will significantly increase disposable income in the near future, any deleveraging could therefore prove to be quite painful.