Market Watch with Tom Waitt

May_11th_2011.mp3 Forex Parity    Global markets operate 24/7; the most active is the currency market which affects the price of everyday purchases and investments.   Canadian Dollar - US Dollar (Click For Larger Picture) The FOREX Market (Foreign Exchange) FX, or currency market is a global, worldwide decentralized over-the-counter and computerized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, the most active with average daily turnover in global foreign exchange markets in excess of US$4 trillion. Recent commodity strength and U.S. Dollar weakness globally have pushed the Canadian Dollar though parity to the American Dollar once again. In 2011 the Canadian Dollar traded as high as 1.0585 U.S. dollars last week and as low as .9215 U.S. dollars within the last year. To realize the absolute value of this one year change consider a $25,00