As the country's oil -
dominated trade flows have tied the value of the Loonie to triple - digit world oil prices, the resulting strength of the currency has turned into a curse for exporters in general and Ontario's factories in particular.
Not exact matches
Yet most discussions treat the balance of payments and exchange rates as if they were determined purely by commodity
trade and «purchasing power parity,» not by the financial
flows and military spending that actually
dominate the balance of payments.
Macro Factors
Dominating Gold Price As US Dollar Outweighs Physical Demand And Investor
Flows With gold
trading in a narrow range below $ 1,300 and remaining relatively weak, it is worth pausing at this juncture to look at the combination of factors that are affecting its price formation.