Canadian dollar

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5 years ago

Any suggestions or economic view to usd/cad pair? What causes exchange rate of this pair? Does Canadian dollar any chances to raise against usd?

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7 years ago

Which currency is the most secure to hold savings in, so that they wouldn't decrease in the value over time?

Steven J
7 years ago

Nico, thank you for a question. It’s hard to say which currency is the most reliable and stable for your own personal capital, yet the smartest thing to do would be to choose the currencies that are acknowledged as the most secure and popular in the world. If you own particularly large amount of money, you should do a better research and hire a financial consultant who would analyze which currencies are the best for your savings and determine what meets your needs. Some of the currencies that are considered to be the most secure are: Norwegian krone, euro, US dollar, Swiss franc, Swedish krona, British pound, Canadian dollar, Japanese yen.

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