An average of $7.5 trillion moves in currency trading each day; 88% of it involves U.S. dollars. As VP/Foreign Exchange Lori Novak explains, a resilient U.S. economy, despite some blips, continues to spur global confidence. This podcast looks at possible impacts of foreign and domestic elections, the Fed’s next move and how investors can keep pace.

07/11/2024: Lori Novak - U.S. dollar continues to dominate global currencies

The game of “wait and see” has turned a corner and the Fed has finally made its move. AVP Diamond Young explains the interest rate differential, and how this drop will affect the value of the U.S. dollar as well as trade both here and abroad.

09/19/2024: Diamond Young - Fed rate cuts and foreign markets

More positive news on the back of the Fed’s recent rate cut: a robust U.S. jobs report has given the dollar a substantial boost over the past several days. Foreign Exchange VP Angie Kappel explains more, including developments in Mexico and the uncertainties hovering elsewhere on the international scene.

10/10/2024: Angie Kappel - Current US economic outlook sunny with some clouds

recorded live on twitch.tv/selecta720 december 31 2024

Phonte (Born-Day) Tribute-Recorded Live On TWITCH-December 31 2024

Guest: Raheem Madjavi, President of Knightsbridge Foreign Exchange
Topic: Currency Exchange, Interest Rates, and Economic Trends
Key Points Discussed:
1.	Knightsbridge FX Overview
o	Knightsbridge FX specializes in currency exchange services, offering better rates than banks for buying/selling US dollars.
o	It's often cheaper than using traditional banks, but users should shop around.
2.	Factors Influencing the Canadian Dollar (CAD)
o	The CAD's strength depends on the relative performance of the Canadian and US economies.
o	A stronger US economy draws investment, strengthening the US dollar.
o	Recent trends:
	Canada is cutting interest rates faster than the US, driving funds into the US.
	Economic uncertainty, such as potential tariffs, creates a risk premium that weakens the CAD.
3.	Inflation and Interest Rates
o	Lower inflation in Canada allows for more rate cuts to stimulate the economy.
o	The US economy remains robust, leading to fewer rate cuts.
o	Rate cuts in Canada could continue, potentially weakening the CAD further in the short term.
4.	Tariff Concerns and Economic Risks
o	Tariffs could severely impact the Canadian economy, pushing the CAD down further.
o	If implemented, the CAD could weaken to 1.50 against the USD.
5.	Long-Term Outlook for CAD
o	Currency fluctuations are cyclical and often tied to resource prices like oil.
o	In the next 1–3 years, Canada's economic prospects may improve, stabilizing the CAD.
6.	Investment Advice on Currency Timing
o	Avoid trying to time the currency market; it’s unpredictable due to global events (e.g., wars, political changes).
o	Instead, focus on the fundamentals of your business or investments.
o	If an investment makes sense financially, proceed without overanalyzing currency trends.
7.	Practical Tips for Investors
o	Buy currency only when needed rather than speculating on future rates.
o	Accept that currency markets are volatile and plan investments to account for fluctuations.
8.	Closing Thoughts
o	Stability in currency rates is desirable for investors and businesses.
o	Successful investments should generate returns that outweigh short-term currency fluctuations.
o	Focus on long-term goals rather than being distracted by market timing.
This episode highlights the importance of understanding macroeconomic factors while emphasizing pragmatic strategies for investors dealing with cross-border transactions.


EP350 Navigating the 2025 Currency Exchange CAD vs USD with Rahim Madhavji

Unpredictable tariff policies and overall volatility in the U.S. are, according to economists, spinning toward a recessionary environment. But, as Associated Bank’s Diamond Young explains, there are a few things to consider that may help your business weather the current storm.

03/13/2025: Diamond Young - Keeping a cool head in turbulent times

Phonte Ft. Median - Au Revoir (Prod By Diez Le Pro)

Au Revoir Instrumental

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In our 14th episode with Australian economist Bill Mitchell, the conversation focuses on the MMT perspective on international trade. Bill explains what is meant by the statement “imports are a benefit, and exports are a cost,” where it fits into the history of economic thought, and some of its implications.

A significant portion of the conversation is dedicated to explaining the crucial shift from the Bretton Woods fixed exchange rate system to the modern system of floating exchange rates after 1971. Bill clarifies that in a floating regime, a currency-issuing government is not financially constrained in its domestic policy by “trade imbalances,” as it was under Bretton Woods.

The episode also touches on bond vigilantes, the IMF, and the shifting status of the US dollar as the world’s reserve currency.

William Mitchell is Professor of Economics and Director of the Centre of Full Employment and Equity (CofFEE) at the University of Newcastle, NSW Australia. He is also the Docent Professor of Global Political Economy at the University of Helsinki, Finland, and Guest International Professor at Kyoto University, Japan.

Follow Bill’s work, including his upcoming books, at https://billmitchell.org/blog/

Imports Are A Benefit, Exports Are A Cost? with William Mitchell

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Some of Associated Bank's most well-respected financial leaders offer their analysis of current events in the financial world. You won't want to miss these conversations. From discussing local commercial real estate to assessing national and global economic trends to dissecting political implications on the banking industry – anything is fair game.

Helping anyone invest in the U.S. real estate market from anywhere!

selecta@selecta720.com for booking & submissions
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Macroeconomics has never been so ... delish!  Macro and Cheese explores the progressive movement through the lens of Modern Monetary Theory, with hot and irreverent political takes, spotlights in activism, and the razor sharp musings of Real Progressives Founder and host Steve Grumbine.  The cheese will flow as experts come in for a full, four course deep dive into the hot queso. 

Comfort Food for Thought!

New tracks tagged #Foreign Exchange