CanAm Currency Blog, Market Insights and Currency Exchange News

When you invest internationally, you are not just exposed to market fluctuations but also to currency risk. This additional layer of complexity can significantly impact your returns, both positively and…

There are a plethora of metals to invest in, but one that stands unbeatable and has been a prime choice of investors for ages is gold. The reason behind the…

In today’s interconnected global economy, businesses engaging in international trade face various challenges, one of which is managing their foreign currency exchange needs and costs. Fluctuating exchange rates can significantly…

Silver bullion, with its unique properties, has long been an essential material for the technology industry. From smartphones to solar panels, silver plays a crucial role in powering our digital…

In order to understand the reasons behind the fluctuations in foreign exchange rates, it is important to have a basic understanding of the economic concept of supply and demand and…

Central banks are responsible for managing a country's monetary policy, and one of their primary roles is to maintain price stability. To achieve this objective, central banks hold reserves in…

Bullion is a precious metal that is used as a store of value and a medium of exchange. It is important to ensure that the bullion you purchase is pure…

Globalization has largely been a blessing to business owners, as it has introduced them to an international business landscape they otherwise would never have been exposed to. Because of this…

Gold has long been viewed as a safeguard against economic instability due to its lack of correlation with many other assets. Its value typically rises when stock and bond markets…

What Is Currency Exchange Rate Currency Exchange Rate is the rate at where one currency can be exchanged for another while impacting the movement and trade of money among different…

Finding the best ways to send money abroad may help you periodically like when you travel or influence your daily life if you are a freelancer. Understanding factors like money…

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…

CanAm Currency Exchange has been closely monitoring COVID-19 developments. Due to this dynamic situation, we are required to adapt our business procedures to protect our clients and employees. The health…

Finding fair prices for gold and silver can be challenging, and many people trying to avoid high fees online falling victim to gold and silver scams. This could lead to…

When you need to send money abroad, it’s important to make an informed decision to ensure the lowest charges and safe transfers. Banks might seem like the obvious choice, but…

Buying foreign exchange currency is sometimes necessary, especially when traveling or sending money to someone in a different country. If you are traveling, you might use your debit card to…

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….

On Wednesday, the Bank of Canada announced a 0.25 percentage point reduction in its standard interest rate, bringing it down to 4.5%. This move focuses on developing the economy as…

Canadians looking to travel this winter can rest easy knowing there are destinations not requiring a two-week quarantine when they land. COVID19 is not going away anytime soon, and Canadians…

CanAm Currency Exchange has been closely monitoring COVID-19 developments. Due to this dynamic situation, we are required to adapt our business procedures to protect our clients and employees. The health…

When you invest internationally, you are not just exposed to market fluctuations but also to currency risk. This additional layer of complexity can significantly impact your returns, both positively and…