Be Updated with the Latest Canada Market Insights and Currency Exchange News

Currency exchange rates are commonplace for travelers, bankers, international investors, and businesses with global trade. For people not involved in these fields, an exchange rate may seem a bit confusing. Before we look at how to read and calculate currency exchange rates, it is necessary first to define what it is. An exchange rate is…

How Do Currency Exchange Rates Work? Currency Exchange rates refer to the worth of your currency when converted to a foreign currency. There is no constant exchange rate due to the active trading that goes on with currencies. It is why the rate increases and decreases. Think of it like stock market trading or the…

In any economic downturn, investors buy gold. When the stock market starts to fall, or a currency undergoes devaluation, investments in gold almost always start to climb. Why is this, and why do investors pick gold during tough economic times? While each investor has their reason for investing in gold during an economic downturn, the…

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