Currents of Currency Message Board

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Strategies & Market Trends : Currents of Currency

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From: Ahda	10/20/2015 11:35:46 AM
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Congratulations to all you up there Pierre has given you Justin and Canada has given Justin a currency that has dropped close to 30% in value to the US. An unemployment rate of 7.1 More people over 65 years old than children ages 1-14, Yet Canada has the highest birth rate for the G7 so woe is soon to be for the rest of us and now as we all know the higher the populace the greater the consumption which means one up for Germany. Ideally a lower dollar should mean less costs to other nations so you have an increase in export sales however that is not what Canada is seeing, Canada's imports increased while her exports decreased. The low currency exchange rate should be a benefit but it is not. How can pensions be paid when you have a possible decrease in the working population who take care of the retired. Canada stats are a warning to the world beware of high wages as that is going to mean world inflation and currency depreciation. Released: 2015-10-06 Trade balance -$2.5 billion August 2015 Source(s): CANSIM table 228-0069. Canada's exports declined 3.6% in August while imports edged up 0.2%. Export prices fell 3.0% and volumes 0.6%. For imports, prices were up 0.3% while volumes edged down 0.1%. As a result, Canada's merchandise trade deficit with the world widened from $817 million in July to $2.5 billion in August.

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