Author: Robert Jessi

The Pound to Canadian Dollar (GBP/CAD) exchange rate traded lower last week as UK political developments drove volatility while rising oil prices supported the commodity-linked Canadian Dollar. At the time of writing, GBP/CAD was trading at CA$1.8861, down around 0.5% on the week. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.88631 (-0.31%)Euro to Canadian Dollar (EUR/CAD): 1.60365 (-0.20%)Dollar to Canadian Dollar (USD/CAD): 1.40207 (-0.14%) DAILY RECAP: The Pound (GBP) had a quiet start to the week as a sparse UK economic calendar left Sterling lacking fresh direction, opening it up to losses against stronger rivals. Comments from Bank of…

Microsoft pinned at 200MA as momentum fades: Live levels

Canada’s financial services sector, long characterised by stability and concentration among a handful of large banks, is undergoing a decisive digital transformation. Over the past 18 months, a confluence of regulatory reform, infrastructure modernisation and fintech innovation has begun to reshape how money moves, how data is shared and how consumers interact with financial institutions. The result is not merely incremental change, but the foundations of a more open, competitive and technology-driven system. The most significant shift has been the long-awaited arrival of consumer-driven banking, more commonly known as open banking. After years of consultation, the federal government confirmed in…

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USD The dollar ended a choppy week roughly where it began. Granted, Tuesday’s much-softer-than-expected June CPI drove a dovish repricing that dragged the to one-month lows before it steadied around 100.8. But an escalating Middle East conflict capped downside: with US forces striking Iran nightly and the naval blockade throttling the Strait of Hormuz, settled now trades near $90, after rising more than 4% on Friday alone. The week ahead is light domestically, and the Fed is in blackout before its July 29th decision, leaving Friday’s flash PMIs and Wednesday’s tech earnings as the key risks. We still see dollar…

The Pound to Canadian Dollar (GBP/CAD) exchange rate traded lower last week as UK political developments drove volatility while rising oil prices supported the commodity-linked Canadian Dollar. At the time of writing, GBP/CAD was trading at CA$1.8861, down around 0.5% on the week. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.88631 (-0.31%)Euro to Canadian Dollar (EUR/CAD): 1.60365 (-0.20%)Dollar to Canadian Dollar (USD/CAD): 1.40207 (-0.14%) DAILY RECAP: The Pound (GBP) had a quiet start to the week as a sparse UK economic calendar left Sterling lacking fresh direction, opening it up to losses against stronger rivals. Comments from Bank of…

The Pound to Canadian Dollar (GBP/CAD) exchange rate strengthened on Wednesday after the Bank of Canada maintained interest rates and struck a cautious tone on the outlook for monetary policy. At the time of writing, GBP/CAD was trading at CA$1.8903, up around 0.4% on the day. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.89695 (+0.77%)Euro to Canadian Dollar (EUR/CAD): 1.606759 (+0.09%)Dollar to Canadian Dollar (USD/CAD): 1.40514 (-0.01%) DAILY RECAP: The Canadian Dollar (CAD) retreated on Wednesday as markets digested the Bank of Canada’s latest interest rate decision. As was widely expected, the BoC opted to leave rates unchanged at…

What intrigues me is how we can all speak the same language, use exactly the same words, and still mean entirely different things by them. Words carry context, culture, and a whole set of quiet assumptions, and nowhere have I noticed that more than since moving to Canada. One mistake I still make happens whenever I run into someone I already know. I will say, “It was lovely to meet you.” Of course, I do not mean meet, I mean see. Somewhere along the way, those two words became interchangeable in my mind, but they really are not. You meet…

Zenith Energy to acquire Italian biogas plant for up to €1.6m

Jennifer Tozser, senior wealth advisor and portfolio manager at National Bank Financial Wealth Management, joins BNN Bloomberg to discuss the markets. The Bank of Canada is unlikely to raise interest rates this week, even as the war in Iran continues to put pressure on energy prices and inflation, explains a financial analyst. Gas prices are already acting like a rate hike for Canadians, Jennifer Tozser, senior wealth advisor and portfolio manager at National Bank Financial Wealth Management told BNN Bloomberg. Weaker-than-expected job growth and uncertainty surrounding CUSMA and the housing market are key factors affecting Canada’s economic health, which Tozser…