Question by Biochem_gal: What is the minimum amount of money I can exchange at a typical Canadian foreign exchange? I have some foreign currency lying around, and would like to exchange them for USD. I have around 22 GBP, 6 Euros, and 1700 Indian rupees, left overs from my trips. Is it possible to exchange such small amounts at a local currency exchange centre? I live in Montreal, Canada. Please give me some info. Thanks in advance! Best answer: Answer by Toby AYeah, foreign exchanges will take any amount, however small. Give your answer to this question…. Click Here to Read More
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Posts Tagged ‘Canadian’
What is the minimum amount of money I can exchange at a typical Canadian foreign exchange?
August 23rd, 2011 
kk 
Posted in Forex Discussions 
Tags: amount, Canadian, exchange, foreign, Minimum, Money, typical 
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Q&A: How to report profit/loss incurred from Currency Trading on Canadian Income Tax. Its not Capital gain or loss?
August 15th, 2011 kk Question by DD: How to report profit/loss incurred from Currency Trading on Canadian Income Tax. Its not Capital gain or loss? Hi, How to report profit or loss incurred from Currency Trading on Canadian IncomeTax Return. It doesn’t fall inot Capital gain or loss Category. Please help Best answer: Answer by quizzard123No, you’re right, it’s not a capital gain or loss, it’s Other Income. Fully taxable. Add your own answer in the…. Click Here to Read More
Posted in Forex Discussions Tags: Canadian, capital, Currency, from, Gain, income, incurred, loss, profit/loss, Report, Tax., trading 2 Comments »
Canadian Dollar: Will Higher Inflation Reignite Rate Expectations?
January 23rd, 2011 kk Canadian Dollar: Will Higher Inflation Reignite Rate Expectations? Canadian Dollar: W ill Higher Inflation Reignite Rate Expectations? Read more on Daily FX U.K. Consumer Prices Take Center Stage as Price Pressures Intensify Consumer prices in the U.K. are forecasted to rise an annualized 3.4 percent in December after climbing 3.3 percent the month prior. Indeed, a reading in line with expectations will mark the highest level since May 2010 and will likely push the British pound higher. Read more on Daily…. Click Here to Read More
Posted in Forex News Tags: Canadian, Dollar, Expectations, Higher, Inflation, rate, Reignite No Comments »
Canadian Forex Foreign Exchange Services – Foreign Exchange Trading Made Easy With iRobot Forex
October 21st, 2010 kk Canadian Forex Foreign Exchange Services – Foreign Exchange Trading Made Easy With iRobot Forex Canadian Forex Foreign Exchange Services Can I make Money Trading Forex? If you discover Forex (Foreign Exchange) Trading, you can make money consistently and tons of it. So what is Forex? It is the foreign exchange market or currency market which is the market where one currency is traded for another. It is one of the largest markets in the world. Canadian Forex Foreign Exchange Services So How Do I learn How to Make Money on Forex? The object of Forex trading is to exchange one currency for another in the expectation that the rate will change, so that the currency you bought…. Click Here to Read More
Canadian Retail Sales Disappoints in July
September 23rd, 2010 kk Canadian Retail Sales Disappoints in July Retail sales in Canada unexpectedly fell 0.1 percent in July after holding flat the month prior amid economists’ expectations of a 0.6 percent rise. The data adds further weight onto the single currency as inflation in the region slowed to 1.7 percent in August from 1.8 percent in July, while the core rate remained unchanged at 1.6 percent. Read more on Daily FX via Yahoo!…. Click Here to Read More
How do the tax laws work with playing the forex market with a US broker and being a Canadian resident?
March 3rd, 2010 kk I currently dabble in the forex market and using a US broker. How will I be taxed on my earnings, and what happeneds if I lose money that year, is it a capital loss? HOw does this work in regards to canadian tax laws with the broker being in the…. Click Here to Read More
Posted in Forex Discussions Tags: being, Broker, Canadian, Forex, laws, market, playing, resident, work 2 Comments »
Canadian Dollar to Face 4Q GDP, Bank of Canada Rate Decision
February 28th, 2010 kk Canadian Dollar to Face 4Q GDP, Bank of Canada Rate Decision Canadian Dollar to Face 4Q GDP, Bank of Canada Rate Decision Fundamental Forecast for Canadian Dollar: Neutral – Canadian Dollar Forecast to Weaken Against USD – Forex Strategy Outlook: US Dollar Forecast to Remain in Tight Range – Volatility Behind the Dollar, Dow and Risk Appetite Increases but a Clear Direction Still Absent The Canadian dollar weakened against its U.S. counterpart as … Read more on Daily FX via Yahoo!…. Click Here to Read More
