Forex Market News & Analysis

Why Kim Dotcom Believes US Dollar Will Collapse and Crypto Will Take Over - CryptoSlate

Citing the statement of Stelzer, Dotcom said that the growing debt piled on by the US government will inevitably create a bubble, similar to the financial crisis in 2008, leading the value of the US dollar to drop substantially. If the US dollar falls ... ... (Read More)
Posted by Canada Forex Portal on 08/21/2018

EU sent a message to Greece today as it ended YEARS of bailouts and reliance on Brussels -

Marking the end of the third bailout programme, EU officials sent messages of support and praise to Greece after years of political and economic instability while the country was under close watch from its European and international creditors. The ... ... (Read More)
Posted by Canada Forex Portal on 08/21/2018

Pound-to-Canadian Dollar Rate Week Ahead Forecast: Further Losses are Ahead - Pound Sterling Live

The pair has fallen by nearly 10%, to a low of 1.6650 last week, during recent months as the tables have turned on both the Pound and Canadian Dollar. The big question now is how much lower is the exchange rate likely to go? One possible way of ... ... (Read More)
Posted by Canada Forex Portal on 08/20/2018

Sugar, Coffee Fall to Decade Lows on Commodity Woes - Wall Street Journal

Prices for sugar and coffee fell to the lowest point in a decade or more on Friday, capping off a painful week as traders fled commodity markets in search of safer assets. Sugar futures for October fell 1.2% to 10.18 cents a pound at the ICE Futures U ... ... (Read More)
Posted by Canada Forex Portal on 08/20/2018

Data and Analysts Mark Gold as Safe-Haven Amidst Growing Trade War Tensions - PR Newswire (press release)

... aggregate 1,536.92 acres, located in the South MacKenzie Mining District, NWT…" Aben Resources Ltd. (OTCQB: ABNAF) is a Canadian gold exploration company advancing projects in British Columbia's Golden Triangle, the Yukon and Saskatchewan. ... ... (Read More)
Posted by Canada Forex Portal on 08/19/2018

Canadian Dollar Surges after Blowout July Inflation Figures Put Bank of Canada in the Spotlight - Pound Sterling Live

The Canadian Dollar surged Friday as traders responded to official data showing a surprise and strong increase in inflation during July, which has put the Bank of Canada under a proverbial spotlight. Canada's consumer price index rose by 0.5% during ... ... (Read More)
Posted by Canada Forex Portal on 08/18/2018