Charles Graham

Greater New York City Area United States

Professional Fundraiser at Outreach Calling LLC

Finance / Banking / Insurance

Dollar strength risk-related,in relation to the threat of an imminent Greek bankruptcy, is creating a Bullish USD trend. Also, economic data showing the signals for Strength of U.S. DOllar Compared to that of the Canadian Dollar. Strength of U.S. DOllar Compared to that of the Canadian Dollar I’m seeing the strength of the U.S. dollar relative to the Canadian dollar. The strong U.S. dollar is helping to boost profit margins in Canada. That’s because Canadian mining companies pay most of their costs in Canadian dollars, but then sell their gold in U.S. dollars. That’s a big break for mining companies that are trying to control costs now that their margins have contracted dramatically.