Richardson International Currency Exchange
144 Front Street West, Suite 200 M5J2L7 Toronto, ON, Canada

If you are changing jobs, careers or starting your own business this Video will give you an insight into some of the things your going to experience. The Competency / Motivation curve will help you navigate your way through the early stages of your new adventure. https://youtu.be/uwavHveivNg

Join the Founder of Springfree Trampolines and Chairman of RICE Fx Steve Holmes on Facebook "LIVE" Tomorrow (Weds), 29th April 12noon (ET). Guy Raz, famous for his "How I Built This" podcast series and Steve will be on facebook.com/howibuiltthis to talk about the amazing journey Steve has been on as an entrepreneur. His inspiring story has plenty of highs but the real lessons come from the challenges and the setbacks. I hope you are able to join us.

USD Down following optimistic news that UK and EU have agreed on Brexit (Risk ON) Firstly, RISK ON and RISK OFF for me are counter intuitive. RISK ON means that an event in the macroeconomic landscape has occur that has created more certainty. IE UK and EU getting closer to a BREXIT agreement.... RISK OFF means the opposite. IE China and USD announce additional trade sanctions on each other. What this all means is that when there is more appetite for RISK the USD weakens as the US is considered the safe haven. The USD/CAD is at a 5 week low 1.3143 and with BREXIT gaining serious moment a rate in the 1.30 is very much in play. President Trump’s impeachment hearing has gained momentum with strong evidence presented late last week that was not favorable to Trump. The USD / China Trade War currently have the two countries as far away from an agreement since the dispute started. Both Trump and the Trade War add to RISK OFF but BREXIT is clearly the story at the moment.

Big Brothers , Big Sisters of Toronto .... great cause #ricefx

Obsessed is what lazy people call people that are Committed / Dedicated. #Nevergiveup Thanks Nathan Burke

How do you achieve what people say is impossible? Unwavering Belief & Extraordinary Effort

Thank you to a very special lady Joanie the Pony who brings amazing energy and joy to our office. Today she dropped off a gift for our kids..... thank you for everything you do for me and our team. #love #nrg #ricefx

Mindset is a multiplier - CRichardson

Obsessed is what lazy people call people that are Committed / Dedicated. #Nevergiveup Thanks Nathan Burke

How do you achieve what people say is impossible? Unwavering Belief & Extraordinary Effort

17th December 2018 Grains of RICE a snap shot of the Key Foreign Exchange Markets USD / CAD is in the high 1.3380. The Fed Rate decision is on Weds with an expected 25pt rise. CAD appears vulnerable heading into Weds decision. CAD CPI is also on Weds with the expected number to come in at 1.8%. Our USD Sellers should be very active early this week to minimize the risk of any unexpected news on Wednesday.... Pound Over the weekend we had more BREXIT turmoil with the latest push for a second referendum as one of the means of dislodging the impasse on BREXIT. Sterling surprising looks better supported in the short term but an overall downward trend is expected to continue. This Weds morning GBP Consumer Price Index figures are released with commentators expecting more bad news. AUD Aussie is up modestly this week going into AUD Unemployment figures being released on Weds. With CAD CPI and USD Fed decision also coming out Wednesday, the AUD has the potential to be fairly volatile this week EURO has recovered somewhat from Friday’s disappointing trade data with a 1.5bn miss on the expected trade surplus. No significant economic announcements this week. In saying that, with plenty of economic data from many of the other majors and the never ending BREXIT drama, the final full week of December could be a busy one.

Day One PDAC 2019 - RICE Fx

PDAC: The World’s Premier Mineral Exploration & Mining Convention is the leading convention for people, companies and organizations in, or connected with, mineral exploration. In addition to meeting over 1,000 exhibitors, 3,500 investors and 25,600 attendees from 135 countries

10th December 2018 Grains of RICE a snap shot of the Key Foreign Exchange Markets USD / CAD Canadian job figures for November came in at 84,000 more than expected and this gave the CAD an unexpected boost. There is still an underlining concern that US-China trade tensions are escalating following the arrest of a top Chinese telecoms executive. USD CPI comes out on Wednesday which is a number to watch.... Pound The political backdrop of BREXIT is significantly impacting the GBP at the moment as PM May has pulled tomorrow’s vote rather face a heavy defeat in parliament. GBP is weak and is heading towards mid-year lows. May’s position is as unstable as ever, as is the sterling. AUD The Australian Dollar attempting stabilization despite ongoing China-US trade tension. Key focus for the RBA is to manage credit and its available. Aussie dollar is going to continue to ride the trade tension roller coaster. EURO Germany reported a trade surplus in Nov and the number was better than expected. More critical data is released tomorrow with Euro-Zone ZEW Survey and European Central Bank Rate decision early Thursday morning. These figures will play a significant part in where the EURO heads.

11th February 2019 Grains of RICE a snap shot of the Key Foreign Exchange Markets USD / CAD (1.3291) The Canadian dollar has again weakened with news out of Africa suggesting a significant increase in barrel production. CAD Fridays unemployment figures were strong with 60,000 jobs added in January. We have no significantly economic data this week. Fed Chairs speaks tomorrow and USD Consumer Price Index is printed on Wednesday morning. The strength of the CAD will be impac...ted by both the Fed comments and USD CPI. GBP / CAD ( 1.7074) The Sterling has weakened this morning as GBP Gross Domestic Product figures came in below what was anticipated. This Wednesday GBP CPI figure is released and a result less than 2% will send the Sterling further downwards. AUD / CAD (0.9389) There is continuing speculation that RBA are positioning for a rate cut. This news has devalued the AUD. USD / China Trade talk and Australia’s strong importing / exporting relationship with China is also putting stress on the Aussie dollar. EURO / CAD (1.5001) The EURO softened as investors refocus on Italy amid weak economic data late last week. This Thursday we will receive EURO Gross Domestic Product numbers and anything less than 1.2% will have a negative impact on the EURO.

17th December 2018 Grains of RICE a snap shot of the Key Foreign Exchange Markets USD / CAD is in the high 1.3380. The Fed Rate decision is on Weds with an expected 25pt rise. CAD appears vulnerable heading into Weds decision. CAD CPI is also on Weds with the expected number to come in at 1.8%. Our USD Sellers should be very active early this week to minimize the risk of any unexpected news on Wednesday.... Pound Over the weekend we had more BREXIT turmoil with the latest push for a second referendum as one of the means of dislodging the impasse on BREXIT. Sterling surprising looks better supported in the short term but an overall downward trend is expected to continue. This Weds morning GBP Consumer Price Index figures are released with commentators expecting more bad news. AUD Aussie is up modestly this week going into AUD Unemployment figures being released on Weds. With CAD CPI and USD Fed decision also coming out Wednesday, the AUD has the potential to be fairly volatile this week EURO has recovered somewhat from Friday’s disappointing trade data with a 1.5bn miss on the expected trade surplus. No significant economic announcements this week. In saying that, with plenty of economic data from many of the other majors and the never ending BREXIT drama, the final full week of December could be a busy one.

10th December 2018 Grains of RICE a snap shot of the Key Foreign Exchange Markets USD / CAD Canadian job figures for November came in at 84,000 more than expected and this gave the CAD an unexpected boost. There is still an underlining concern that US-China trade tensions are escalating following the arrest of a top Chinese telecoms executive. USD CPI comes out on Wednesday which is a number to watch.... Pound The political backdrop of BREXIT is significantly impacting the GBP at the moment as PM May has pulled tomorrow’s vote rather face a heavy defeat in parliament. GBP is weak and is heading towards mid-year lows. May’s position is as unstable as ever, as is the sterling. AUD The Australian Dollar attempting stabilization despite ongoing China-US trade tension. Key focus for the RBA is to manage credit and its available. Aussie dollar is going to continue to ride the trade tension roller coaster. EURO Germany reported a trade surplus in Nov and the number was better than expected. More critical data is released tomorrow with Euro-Zone ZEW Survey and European Central Bank Rate decision early Thursday morning. These figures will play a significant part in where the EURO heads.