How Does Managed Floating Exchange Rate Work?
Since the Great Recession of 2007-2009, many countries have been trying to find ways to stimulate their economy. Most of these countries use one strategy: managed floating exchange rate regimes. ...
Tips for Canadians Studying in the US or Abroad
Since the Great Recession of 2007-2009, many countries have been trying to find ways to stimulate their economy. Most of these countries use one strategy: managed floating exchange rate regimes. ...
If you have conducted any research on the Canadian government, one of the questions that may have arisen is: What is the role of the minister of finance in Canada? ...
You may have heard of the term FINTRAC but may not understand what it entails. So, to understand what FINTRAC entails, this article will answer the following questions: what is...
If you run an international business or work with companies overseas, you may often wonder about the best way to accept international payments. Since there are many ways to receive...
Close to one million Canadians (three percent) are unbanked, meaning they don’t have any relationship with mainstream financial institutions. If this is your situation, it’s essential to know how to...
When investing in foreign markets, you need to familiarize yourself with all the currency fluctuation risks on your investments. That’s because currency movements play a vital role in your return...
If you often send money or make payments overseas from Canada, opening a foreign currency account in Canada can help you save thousands of dollars on transfer costs. It will...
Understanding the difference between fundamental vs. technical analysis is vital when planning to invest in the stock market. The two techniques help investors to assess their stocks and make informed...
Something you should never forget as a forex trader is how to use the currency strength meter. There are many currency pairs on the forex market, and it can be...
Currency risk affects every business that operates internationally. So, if you run a global business or an investment that requires you to exchange currencies, an exchange rate risk should be...
Your target is 2% above the current market rate.
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