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    6 Key Factors Behind the Fluctuation of Currency Exchange Rates

    With exchange rates changing everyday, here's a look at where these numbers come from.

    ...tell from above, inflation and exchange rates are highly correlated. We also see a strong correlation between these factors and interest rates. When interest rates are higher, lenders in an economy receive higher return in comparison to other countrie...

    Tags: currency exchange rate,inflation,interest rate,deficit,current account,public debt,terms of trade,foreign curency

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    Canadian Dollar Cracks As International Tourism Booms

    Despite the Bank of Canada keeping interest rates unchanged tourism in Canada is gaining strength.

    Photo: morbokat   The Bank of Canada released today that it’s keeping its overnight rate at 0.5 percent. And the bank rate is correspondingly at 0.75 percent and the deposit rate is locked in at 0.25 percent. Overall the...

    Tags: bank of canada,interest rates,canada,canadian dollar,economy,tourism,travel,currencies