Why foreign exchange broker says he won’t buy foreign bonds from Canadian bonds
When does a company lose its FX spot?
Foreign exchange broker Joe Yashar said he would not buy Canadian bonds from his own broker, because the deal would not meet the standards of Canadian securities regulators.Yashar, who is based in Toronto, said he does not want to buy Canadian stocks, or to buy the same foreign currency in his Canadian and U.S. accounts.“I […]
Which foreign exchange broker is your best friend?
The FX spot is the portion of the currency market that is not tied to a major trading partner.When it’s down, the FX spot falls, when it’s up, it rises.This has happened with many currencies, from the euro to the dollar.FX is used to track changes in the value of a currency’s value and can […]
Why you should never trust the foreign exchange markets
DALLAS, Texas — It is not easy to find the right foreign exchange rates to cover your daily spending.You will have to choose between the big banks, which will charge higher rates, and the big credit card companies, which are also charging higher rates.And if you are the type of investor who enjoys getting rich […]
Foreign exchange services and financial products are widely seen as the world’s best hedge against the volatility of the US dollar.In many cases, you can’t rely on them to help you save for a rainy day, so you need to be able to hedge your exposure to the dollar.That’s why a recent report from Credit […]