Expert, money saving updates, forecasts & tips on the CAD exchange

Different Emerging Market Currencies in 2021

The nations hanging between developing and developed countries are the emerging markets and use their emerging market currencies to trade. These countries experienced rapid economic growth in the past years...

4 Reasons to Avoid Dynamic Currency Conversion

You just got your passports, travel ticket, travel insurance, and credit card ready, but are you aware of dynamic currency conversion (DCC)? You probably are excited about the trip, but...

What Are Foreign Exchange Reserves?

Foreign exchange reserves are the foreign assets or currencies held by the central bank of a particular country. The respective central banks often use the reserves to back their liabilities...

Key Features of The Foreign Exchange Market

If you plan to exchange currency or trade on the foreign exchange market, it’s essential to understand its features. As the largest market in the world, the forex market facilitates...

How Well Does the Theory of Purchasing Power Parity Explain Exchange Rates?

With purchasing power parity, exchange rates between different currencies can be easy to calculate. It allows you to compare the purchasing power of various world currencies against each other so...

How To Read Forex Trading Charts?

Trading in a foreign exchange market can be very daunting when you don’t know how to read forex charts. You’ll find it challenging to make investment decisions, like what to...

How Does High Inflation Rate Affect a Country’s Currency

Inflation and currency exchange rates are directly related. Any change in inflation rates will affect the exchange rates positively or negatively. Inflation is the sustained increase in the costs of...

How Does Foreign Exchange Swap Work?

A foreign exchange swap is an agreement between two parties involving simultaneous borrowing and lending. The swaps help protect the parties involved from fluctuating exchange rates. Investors who want to...

Do Banks Exchange Currency And How Much Do They Charge

Do banks exchange currency? Yes. Banks are among the most prominent financial institutions that provide currency exchange services in Canada. Whether you want to convert money for personal use or...

Investing in Real-Estate Market During COVID-19: Trends and Opportunities 

Despite the current COVID-19 pandemic, the real estate market continues to endure disasters and proves itself a generally reliable investment. Property investment speaks of the acquisition of a property to...