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Forex Market News & Analysis

Brexit gives final kick to terrible week on crop… - Western Producer (subscription)

MGEX July spring wheat ended down 22 cents, or four percent, for the week. Rain in western Europe could be hurting the quality of the wheat crop there and the price spread between low and high quality grain is increasing. Farm office FranceAgriMer said ... ... (Read More)
Posted by Canada Forex Portal on 06/25/2016

Loonie loses more than a penny, TSX sheds 239 points after Britons vote to quit EU - CBC.ca

A sea of red washed over global financial markets on Friday after Britons' shockingly voted to Brexit the European Union. The pound fell to its lowest point in 31 years, the Canadian dollar lost more than a cent and stocks tumbled. The Toronto Stock ... ... (Read More)
Posted by Canada Forex Portal on 06/24/2016

Here's How Brexit Will Affect Your European Travel - Money Magazine

The chart above shows how "strong" the British pound (GBP) is to the U.S. dollar. The higher the value of the dollar relative to the pound, the more your money is worth in the U.K. The same holds true if you're traveling within a European "euro zone ... ... (Read More)
Posted by Canada Forex Portal on 06/24/2016

Commander Acquires Exploration Assets from Bearing Resources - Yahoo News

V) ("Commander") is pleased to announce that has concluded an asset purchase agreement with Bearing Resources Ltd. ("Bearing") wherein Commander will acquire four exploration stage properties; one in the Yukon, two in British Columbia and one in ... ... (Read More)
Posted by Canada Forex Portal on 06/24/2016

Brexit: the 7 most important arguments for Britain to leave the EU - Vox

Whereas many British conservatives see the EU as imposing left-wing, big-government policies on Britain, some on the British left see things the other way around: that the EU's antidemocratic structure gives too much power to corporate elites and ... ... (Read More)
Posted by Canada Forex Portal on 06/24/2016

US Dollar to Canadian Dollar Exchange Rate Outlook: IMF Slashes Forecast, USD Exchange Rates Plunge - Exchange Rates UK

The combination of reduced odds of a near-term Federal Reserve rate hike, rising crude oil prices and risk-on trade has seen Canadian Dollar (CAD) exchange rates climb today. The US dollar has failed to make any sort of sustained advance against the ... ... (Read More)
Posted by Canada Forex Portal on 06/23/2016

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