Foreign Markets Question
I would like to measure precisely how much the Canadian economy benefits/looses when the USDCAD rises/falls
In general analyze effect of changes in USDCAD on the Canadian trade accounts (In Excel). I'd be happy to either pay someone who has already done this in excel for their work, or if someone could direct me as to how I can do it. Thank you.
Asked by JonSchlaper in
Foreign Markets
4 months ago
Answers
2775 points
Oldman answered 4 months ago …
I would be cautious about just looking at the exchange ratios, because Cdn exports increase in volume when their Looony drops, and other things, such as dividends from trusts, increase in value to U.S. investors when the Lonny rises....so for a energy-based company the exchange rate changes tend to cancel
Ther's a site
http://www.stockhouse.ca
that may help, because they track Forex and trade-weighted indices.
