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Currency Moves Boost Canada Stocks

This is a Canada news story, published by financialpost, that relates primarily to Pamela Heaven news.

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financialpost

financialpost

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Business

Business & Economics

Posthaste: How a weak Canadian dollar — and weak greenback — is helping the TSX

financialpost

Summary

Nutrition label

73% Informative

Canada 's main stock exchange has outperformed the S&P/500 since the start of the year .

Gold is a big reason why when the U.S. dollar falls, gold prices typically rise.

The big winners are companies with large non-Canadian revenues but which report in Canadian dollars.

Today ’s Posthaste was written by Pamela Heaven , with additional reporting from Financial Post staff, The Canadian Press and Bloomberg .

Have a story idea, pitch, or a suggestion for this newsletter? Email us at [email protected].

VR Score

77

Informative language

75

Neutral language

57

Article tone

semi-formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

15

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Source diversity

8

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Affiliate links

1

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