• Skip to main content
  • Skip to secondary menu
  • Skip to footer

Digital Market

seeing people behind the digits

  • About
  • Events
  • Tech Jobs
  • Domain Names
  • Reports
    • Technology
  • Sponsored Post
    • Make a Contribution
  • Contact

FX168 Financial Group to hold the Vancouver International Financial Summit (VIFS) 2022 on September 2 to 3

July 4, 2022 By admin Leave a Comment

VANCOUVER, BC, July 4, 2022 – In the face of many fears from the market due to accelerating inflation, recessionary concerns, etc., FX168 Financial Group invited elites and experts in the industry in various economics and investment fields to hold the Vancouver International Financial Summit (VIFS) 2022 at JW Marriot Parq Hotel on September 2 to 3. A number of investment experts will share with investors investment strategies in a stagnant and rising environment, the impact of the global supply chain crisis and hedging strategies, the interpretation of relevant economic data, and whether the Bank of Canada is entering a continuous interest rate hike channel. The summit is open to the general public free of charge (if registration is completed before August 1), allowing more people interested in the financial sector to discuss the next investment trends and opportunities with experts at close as well as facilitating the public understanding of correct and safe investment values.

The Canadian dollar rose strongly in the first half of this year amidst dramatic volatility, riding high among the major non-US currencies and second only to the US dollar among G10 currencies. As of July 1, USD/CAD rose 1.38% this year, hitting a high of 1.3078 and a low of 1.2402 during the year, and now trades slightly below the 1.29 handle.

The reasons for this are mainly attributed to the strong recovery of the Canadian economy from the pandemic, the hawkish stance of the Bank of Canada, rising oil prices and the strong economic performance of neighboring US. However, Canadian Imperial Bank of Commerce (CIBC) capital markets department also predicted in the middle of the year that the strength of the U.S. dollar has not yet ended, the Canadian dollar will shock down. Katherine Judge, an economist at the bank, said, “The Canadian dollar is likely to weaken further in 2023 as global growth slows, as interest rate hikes weigh on economic activity, which will depress commodity prices and weaken nominal exports from Canadian natural resource producers.” The bank expects the Canadian dollar to begin depreciating significantly by early 2023.

While the USD’s dominance is expected to continue, the Canadian dollar has proven that it is more closely tied to the U.S. dollar than other G10 currencies. Heading into the second half of the year, the Canadian dollar remains the second-best performing G10 currency in 2022, behind the top-ranked U.S. dollar.

For more information, please visit the event website at vifs2022.com, or email [email protected] for sponsorship.

SOURCE FX168News

Filed Under: News Tagged With: Fintech, event

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Footer

Recent Posts

  • EBANX Pushes Network Tokens to the Forefront of Payments in Latin America
  • A Different Angle on the Domain Portfolio
  • Katana Raises €14 Million Series B Extension to Redefine ERP for SMBs
  • Visa Unveils Stablecoin Prefunding Pilot to Modernize Cross-Border Payments
  • Clean Reputation Launches Boutique Reputation Management for Permanent Online Content Removal
  • Entro Security Extends Platform to Secure AI Agents
  • NopalCyber Launches Threat Hunting & Advisory Hub for Proactive Cyber Defense
  • Night Strolls and City Lights: Digital Media in Motion
  • Emergent Raises $23 Million to Redefine Who Gets to Build Software
  • Snowflake for Startups Launches at SVAI Hub, Positioning the AI Data Cloud as a Launchpad for Next-Gen AI Companies

Media Partners

Pet Photograpy: The Art of Capturing Personality
Laowa 12-24mm f/5.6: A Game-Changer in Zoom and Shift Photography
Review: Tamron 11-20mm f/2.8 for Canon RF – A Competitive Ultra-Wide Solution
The Art of Neutrality: Understanding Deadpan Photography
Collages in Photography: A Tapestry of Visual Storytelling
The Leica Q3 43: A Masterpiece in Compact Precision
Why I Love Testing Camera and Lens Combos at the Flea Market
The Timeless Allure of Travel Guides Through a Photographer’s Lens
Capturing Precision: The Art of Product Photography with Japanese Knives
Sigma Unveils the World’s First 135mm F1.4 Autofocus Prime for Full-Frame Mirrorless

Media Partners

Domain Market Research
Syndicator
3v
Calendarial
OSINT
Yellow Fiction
Nameable
Media Presser
Photography
Passerby

Copyright © 2022 DigitalMarket.org