How to buy foreign exchange business on an exchange rate swing

A few months ago, the U.S. dollar was trading at $1.0089, which was up over 3% from last summer’s peak.As the market settled, however, the market price dropped back to $1,067.The reason?As we discussed, a dip in oil prices has pushed the dollar higher, causing the price of foreign exchange to drop.Now that oil prices […]

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How to buy foreign exchange at the mall

The foreign exchange business is booming in Canada, and you don’t want to miss out.Foreign exchange is the currency used by all international banks and credit unions, as well as companies that process payments in foreign currencies.If you’re a Canadian expat, the best way to invest in foreign exchange is to trade in it with […]

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