What Causes Currency Exchange Rates to Change and How It Affects the Travel Industry
As a travel business, you are probably wondering about what causes currency exchange rates to change. At one time, you get more […]June 10 2021Read more
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 […]June 10 2021Read more
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 […]June 10 2021Read more
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 […]June 10 2021Read more
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 […]June 10 2021Read more
How to Make a Living Through Foreign Exchange Trading
You want to make a living through foreign exchange trading, but you don’t know where to start. Before investing in forex trading, […]June 10 2021Read more
How to Be a Foreign Exchange Trader
Many people have lost their money in the foreign exchange market since they lack the skills of a foreign exchange trader. Foreign […]June 10 2021Read more
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 […]June 10 2021Read more
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 […]June 10 2021Read more
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 […]June 10 2021Read more
Canadian Dollar Forecast
KnightsbridgeFX is your authoritative source for Canadian dollar forecast and update information. Find out how oil prices, interest rate activity, and the Coronavirus/COVID-19 are likely to affect the CAD, and its relationship to the USD. Stay abreast on what the Bank of Canada and Central Bank are doing, as well as how the CAD is doing against the Greenback.