This is a syndicated repost courtesy of Money Morning – Only the News You Can Profit From. To view original, click here. Reposted with permission. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to…
Tag Archive for Canadian Dollar
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CANADA FX DEBT-C$ rallies on risk recovery, inflation surprise – Reuters
by Newswires • • 0 Comments
CANADA FX DEBT-C$ rallies on risk recovery, inflation surpriseReuters* C$ hits session high of C$1.0139 vs US$, or 98.63 US cents * 2-yr bond yield climbs after stronger-than-expected inflation * Total inflation 2.0 pct annually By Claire Sibonney TORO…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
What Happens When Phantom Profits Vanish?
by Charles Hugh Smith • • 0 Comments
As the U.S. dollar strengthens against other currencies, the phantom corporate profits generated by a devaluing dollar will vanish.
One of the dirty little secrets of the stock market rally is that the rising corporate profits that powered it ar…
Bears Chat, Best of the Forums
Gold and currencies behavior
by Bears Chat at The Wall Street Examiner • • 0 Comments
It is fascinating that most currencies have fallen against the dollar and gold has jumped so much in the last few days. Except for the Swiss Franc most have weakened against the USD. The premium on the Canadian dollar has totally evaporated.
Bears Chat, Best of the Forums
Wall Street Loves Weak Dollar and Weaker Fed
by Bears Chat at The Wall Street Examiner • • 0 Comments
Since early 2009 (when the U.S. stock bull market began), the U.S. dollar has collapsed. The Brazilian real is up 56%, from 41 cents to 64 cents. The Canadian dollar is up 35%, from 78 cents to $1.05. The Swiss franc has also risen 35%, from 85 cents t…
Bears Chat, Best of the Forums
Canadian Dollar Passes U.S. Buck
by a Wall Street Examiner • • 0 Comments
The Canadian dollar surpassed parity with the U.S. dollar on Tuesday, the first time it had accomplished the feat in more than a month.
Early in the morning, the loonie surged to hit $1 US, the first time the Canadian currency had done so since Nov…
Bears Chat, Best of the Forums
Russia Adds Canadian Dollar to Reserves, Australian Currency May Be Next
by a Wall Street Examiner • • 0 Comments
Russia aims to diversify its reserves, the world’s third biggest, and promote the use of regional currencies in international trade and finance to reduce risks posed by the dominance of the U.S. dollar. The central bank also plans to increase gold ho…
Bears Chat, Best of the Forums
Canadian Dollar Nears Parity Again, And This Time It Could Stick
by a Wall Street Examiner •
As a Canuck living in Mexico, the strength of the Canadian loonie is music to my ears.
As an aside, Mexican cerveza is good….but it’s tough to beat Canadian beer!
The latest on the loonie…
Canadian dollar nears parity again, and this time it c…
