Canadian First-Half FX Profits Boosted By Active C$ Trading


TORONTO--Most Canadian banks are reporting healthy revenues in FX for the first half of 1999, as banks reaped the rewards of an active domestic currency market. The results have surprised some market observers, who were expecting the lacklustre level of volatility in most international currencies to outweigh Canadian dollar activity.

However, sustained volatility in the domestic currency has tipped the balance, officials say.

The currency strengthened from a low of CAD1.52 against the US

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: