Forex Market News & Analysis

Recent Trend in the US Dollar Could Favor US Auto Companies - Market Realist

Recent weakness in the US dollar's value could be positive for US-based automakers' (VCR) international businesses. These US automakers include General Motors (GM), Ford (F), and Tesla Motors (TSLA). A weaker US dollar helps US companies be more ... ... (Read More)
Posted by Canada Forex Portal on 12/13/2017

Aben Resources Expands Known Mineralization With New Gold-bearing Vein System at the Justin Gold Project, Yukon ... - Kitco News

For best results when printing this announcement, please click on link below: VANCOUVER, British Columbia, Dec. 13, 2017 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (TSX-V:ABN) (OTCBB:ABNAF) (Frankfurt:E2L2) (the "Company") is pleased to provide a summary ... ... (Read More)
Posted by Canada Forex Portal on 12/13/2017

GBP/CAD News: Dovish BoC Could Send Canadian Dollar Exchange Rates Reeling - TorFX News

While investors were surprised by a higher than expected UK inflation report on Tuesday, it only led to a limited boost for Pound Sterling (GBP) exchange rates and the currency generally continued weakening against rivals like the Canadian Dollar (CAD ... ... (Read More)
Posted by Canada Forex Portal on 12/12/2017

Toronto Stock Exchange up 24 points; Canadian dollar slips - Times Colonist

U.S. stock indexes mostly higher in early trading; oil falls. In New York, the Dow Jones industrial average was up 90.05 points to 24,476.08. The S&P 500 index was up 4.17 points to 2,664.16 and the Nasdaq composite index was up 3.61 points to 6,878.69 ... ... (Read More)
Posted by Canada Forex Portal on 12/12/2017

The trials of reform in the eurozone

Naturally, Greece concerned itself mostly with the visit of Turkish President Recep Tayyip Erdogan last week. The European Union, meanwhile, largely focused on the achievement of an initial agreement with the British government over Brexit on Friday. ... ... (Read More)
Posted by Canada Forex Portal on //

How Currency Fluctuations Impact Canadian Investors - Visual Capitalist (blog)

... The U.S. market goes up 10% in one year, and is now worth $88 USD; However, over the year, the exchange rate changed to $1 CAD per $0.85 USD; Converted back to Canadian dollars, at the new rate, the $88 USD is now worth $103.52 CAD, which is just a ... ... (Read More)
Posted by Canada Forex Portal on 12/11/2017