Time your Foreign Exchange Transactions with...
Canadian Dollar Forecast
Released every sunday evening, the Canadian Dollar Forecast provides a simple timing element for corporate treasurers and CFO's regarding their their currency exchange transactions for the coming work week. In addition, valuable funamental and technical analysis is included for the more sophisticated currency trader. Whether you are converting Canadian dollars to US dollars or US dollars to Canadian dollars, save money on your next currency exchange using Canadian Dollar Forecast!
The Canadian Dollar Forecast uses a "weather" forecast to represent the strength of the Canadian dollar in relation to the U.S. dollar. If you need to buy U.S. dollars/sell Canadian dollars, you choose the day of the week that represents a strong Canadian dollar (good weather). If you need to sell U.S. dollars/buy Canadian dollars, you would choose the day of the week that represents a weak Canadian dollar (bad weather). An example is found below
The above sample Canadian dollar forecast would tell corporate treasurers that Tuesday would be the best day of the week to sell Canadian Dollars (buy US Dollars) and Friday would be the best day of the week to buy Canadian Dollars (sell US Dollars).
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