Foreign Exchange News Results

  • Kirkland Lake Gold: Strong Canadian Dollar Increased Expenses in 2Q -- Currency Comment

    Kirkland Lake Gold Ltd.' s exposure to U.S. and Australian dollars as the Canadian dollar strengthened increased the company's expenses. Here's what the gold producer had to say:. "After weakening sharply against the U.S. dollar in the first quarter of 2020, concurrent with the emergence of the Covid-19 pandemic, the Canadian and Australian dollars began strengthening against the U.S. dollar starting in the second quarter of 2020 with this trend continuing through the remainder...

  • China's Foreign Exchange Reserves Fell in June

    China's foreign exchange reserves fell $7.8 billion in June after rising for two straight months, according to data released Wednesday by the People's Bank of China. The nation's foreign exchange reserves stood at $3.214 trillion at the end of June, down from $3.222 trillion at the end of May, said the PBOC. The drop was smaller than the $22 billion decline expected by economists polled by The Wall Street Journal.

Search News

Filter Results

Publication Date
Topic
Provider

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.