July 13, 2007, Newsletter Issue #11: Canadian Currency - A Conservative Option
Tip of the Week
If you want to play it safe, the closest currency exchange rate and culture to the U.S. is Canada.
The Canadian dollar is the seventh most traded currency in the world, and many banks keep Canadian dollars as a reserve currency.
Typically, the Canadian dollar tends to move in tandem to the U.S. dollar, but less dramatically. This makes it a more stable investment for those who are seeking to play in the currency markets - but don't want to gamble.
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Thank you for your interest and good luck!
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