Author: Robert Jessi

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Cheif finance content and platform manager.

Highlights Personal banking, commercial banking, wealth and capital-markets services define the companys operating footprint across Canada and selected international markets. The business sits within Canadas banking sector and is viewed against the S&P/TSX 60. Current corporate activity remains tied to assets, customers, projects and service delivery in core markets. National Bank of Canada (TSX:NA) Financial Services National Bank of Canada (TSX:NA) 198.06 CAD +2.660 ↑ 1.361% Last Updated at: 2026-10-09T20:00:00Z operates in the banking sector, with activities centred on personal banking, commercial banking, wealth and capital-markets services. The companys footprint extends across Canada and selected international markets, linking its Canadian…

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The Aussie Dollar ended Friday’s session on a positive note, gaining 0.38% and 0.58% weekly as the US Dollar trimmed some of its weekly gains, while US data confirmed investors’ expectations that the Federal Reserve would hold rates steady in the October meeting. The AUD/USD trades at 0.6983.AUD/USD closes at 0.6983 as softer US sentiment supports the Aussie despite renewed December hike betsMarket mood was upbeat on Friday, with Wall Street posting losses, as a solid earnings session drove US equities close to record highs. The US Dollar Index (DXY), which tracks the buck’s performance against six currencies, drifted higher…

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USD The dollar’s week-long grind higher stalled on Thursday, with the slipping around 0.1% to just above 102 on a late-session reversal. The morning had looked set to extend the post-minutes rally, but a post from President Trump pledging no strikes on Iran before the midterms knocked Brent and took the edge off haven demand. Today’s preliminary University of Michigan survey at 15:00 BST, expected to slip to 47.6, matters mostly for inflation expectations given FOMC concern on that front. With an October hike largely priced out and December our base case, we expect dips to stay shallow ahead of…

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Investing.com –The Canadian dollar weakened on Friday after an unexpectedly sharp decline in employment reinforced concerns about the domestic economy and reduced expectations for a Bank of Canada interest-rate hike this month, while falling oil prices added pressure to the commodity-linked currency. Before you buy NVIDIA: our AI model’s stock picks are beating the market by 120%+. See the list now » The U.S. dollar was quoted at around C$1.4280, up 0.37%, in the latest market snapshot available for this update. However, the exact USD/CAD rate at 10:39 a.m. ET could not be independently verified against a timestamped Investing.com quote.…

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A stronger Canadian Dollar features in Crédit Agricole’s forecasts, with USD/CAD falling to 1.34 by June 2027 and 1.32 that December. Crédit Agricole forecasts a sustained Canadian Dollar recovery through 2027, even as its broader outlook allows for US borrowing costs to rise further first. The bank puts USD/CAD at 1.38 in December 2026, 1.34 in June 2027 and 1.32 in December 2027. A falling rate means a stronger Canadian Dollar, with fewer Canadian Dollars required to buy one US Dollar. US yields remain an obstacle before 2027 relief Crédit Agricole’s wider US outlook cautions against assuming an immediate collapse…

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This will mark the third and final ACWB payment of 2026. The last one dropped in July. What is the ACWB payment? The Canada Workers Benefit (CWB) is a refundable tax credit for people who work and don’t earn much. The ACWB is a part of this benefit that the CRA pays you early. The CWB amount depends on a calculation based on the following factors: Marital status – eligible spouse Province or territory of residence Earned working income Adjusted family net income The CRA estimates what you’ll be owed for the year based on your last return and sends…

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Federal Reserve Governor Chris Waller said in a speech Thursday that he expects the Fed will need to enact more interest rate hikes to bring down inflation faster if economic data comes in as he expects. “If the economic data continue to come in as expected, I anticipate additional hikes to support a timelier return of inflation to our 2% goal,” Waller said at the Central Bank of the Republic of Türkiye İstanbul Economic Forum. “But there is some flexibility about when those hikes will occur. The hikes do not need to come at consecutive meetings, but they should be…

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The euro has taken a proper beating, but at 1.1200 the trade is starting to look less like a free-fall and more like a market that now needs another reason to keep selling.Takeaways• around 1.1200 is no longer trading a clean European growth scare. Germany has upgraded its growth outlook, industrial production is firmer and the ECB tightening story remains alive, which means the bears now need fresh bad news rather than another replay of the same fiscal and energy fears. • China is becoming the cleaner external risk for the euro. Europe is edging toward tougher trade measures just…

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