How is the Canadian dollar
doing against other currencies?
And does it make a difference based on how the USD is
doing against other currencies (i.e., if it's only weakening against the Canadian dollar because oil prices shoot up, or if it's weakening against all currencies based on trade deficits)?
Not exact matches
Against other currencies, such as the Mexican peso, the loonie has
done just fine.
Every Canadian knows our dollar has been
doing better
against almost every
other currency.
Finance minister going all out
against Bitcoin and
other cryptocurrencies is definitely a reason for grave concern for the Indian cryptocurrency investors as he said that the government
does not consider these virtual
currencies as a legal tender.
When the dollar rises
against the euro and
other currencies, so
does the riyal.
Having said that, they also post a warning
against Americans: Whaleclub is accessible in over 190 countries with full privacy.Whaleclub live trading is NOT available to residents of the United States of America or any
other jurisdiction where such services may be restricted.Despite this, there's no doubt that a host of nationalities that can not trade forex or digital
currencies (Americans, Brazilians, Canadians, etc.) will
do so with using the offshore facilities of Whaleclub.
They printed a massive amount of Swiss Franc which they've converted to
other currencies which they bought equities and they've
done so well so the paper profit 55 billion last year equal to eight percent of their GDPall through the creation of money in order to keep the Swiss Franc weak, which they've managed to weaken
against the Euro last year also by about 10 percent even though the Swiss itself held
against the dollar was a little bit stronger..
The market is expecting US interest rates to keep rising and after months of, «It doesn't matter,» the
currency market may be starting to realize that, «It really matters,» and the US Dollar is therefore rising
against nearly all
other currencies!
It is simple: the U.S. dollar
does not strengthen
against other currencies because of the strength of the U.S. economy, but rather because of the stability investors believe it possesses.
If that
does happen, there is an inverse correlation between gold and the USD, which means that there is a good chance that this would send the dollar up higher
against other currencies.
1: Have no
other gods — NOT A LAW = > In God we trust is on our legal
currency 2: Make no graven image — NOT A LAW = > intellectual property is a God to many, we have tones of laws protecting
against false copies 3: Don't take the name in vain — NOT A LAW = > false testimony is a crime as is swearing in some states 4: Honor the Sabbath — NOT A LAW = > employment law in many states prohibits forced labor on religious days 5: Honor thy father and mother — NOT A LAW = > minors have limited right to transact commerce under 19.
You may
do it individually, involve your company or institution that could also be a bank to buy or sell the
currency of your choice pitting one
against the
other at a predetermined date and price.
Given that VEA is denominated in US dollars, but actually reflects a basket of
other currencies does that mean that if the US dollar went up by 10 %
against the weighted basket of foreign
currencies in VEA then the ETF share price should drop by 10 % (assuming no change in the underlying value of the foreign holdings)?
If my assumption is correct then the yuan must be pulling up the weighted value of the foreign
currencies relative to the US dollar because when I plot VEA and VTI
against each
other on google finance they tend to be highly correlated at the moment and over the last month
do not show a drop one might expect due to the appreciation of the US dollar due to the flight to safety phenomenon that has occurred.
What this allows us to
do is hedge different
currencies and cities» sales prices
against each
other to see if we can find a better deal.
Bitcoins network effect
does affect all
other cryptocurrencies because exchanges usually have the trading pairs to be set up
against Bitcoin or a fiat
currency.