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The Canadian dollar ended the week on a high note as it followed rising crude oil prices.      The loonie finished at US$0.7163 or US$1=C$1.3960 on Friday, compared to US$0.7151 or US$1=US$1.3985 on Thursday. Since Oct. 1, the currency gained 1.42 United States cents.      The U.S. Dollar Index declined by 0.19 of a point at 101.85.      Crude oil prices maintained their ascent after a series of attacks on tankers in the Strait of Hormuz. West Texas Intermediate added US$0.84 per barrel at US$102.84. Brent crude oil jumped US$2.76/barrel at US$117.64.      Stock markets had a rough day after…

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At a conference hosted by the Alberta Securities Commission on Tuesday, John McKenzie was asked on stage whether he is concerned about the drop in numbers of issuers trading on the TSX. He said it’s not a phenomenon that’s limited to Canada and that it’s partly a function of there being so much growth concentrated in a relatively few large-cap names.  “We have actually a lot of growth in market capitalization. We have fewer, bigger companies, which in some ways is great. We want to have really large, successful Canadian companies because that allows them to compete on the world…

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TD Wealth is an integral part of the TD Bank Group, which has approximately 24 million customers worldwide, 85,000 employees and CDN $1 trillion in assets on April 30, 2015. In Canada, TD Wealth services customers through: · TD Direct Investing which provides clients access to the information, tools and support that empower them to invest for themselves with confidence. · TD Wealth Private Client Group, which provides discretionary wealth management for high net worth clients and businesses. · TD Wealth Private Investment Advice provides full service brokerage for investors who want a high level of tailored advice and solutions. …

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DBS Group Research anticipates Vietnam’s October 2026 exports and retail sales to stay robust, while headline inflation hovers around 5%, above the 4.5% target. Strong electronics shipments, firm household spending and tourism underpin activity, but elevated transport, energy, food and material costs pose a policy challenge as authorities pursue at least 10% economic growth. Robust demand with elevated inflation “We expect Vietnam’s October 2026 goods exports and retail sales to remain robust at 42.0% yoy and 14.0% yoy year-to-date, respectively, while headline inflation is likely to stay elevated at around 5.0% yoy.” “Exports have continued to be supported by strong…

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Gold (XAU/USD) tanked to a new year-to-date (YTD) low of $3,880 on Friday, clearing the $3,900 threshold for the first time since October of last year. The Greenback and US Treasury yields edged higher, while risk appetite deteriorated and hawkish Fed rhetoric pushed prices lower. The XAU/USD trades at $3,884, down more than 3.3%.XAU/USD extends its bearish breakdown on hawkish Fed rhetoric and high Oil pricesPrice action suggests further downside in Bullion prices after clearing the key support level of $3,886 on October 28, 2025. Two of three Federal Reserve (Fed) officials called for additional tightening, while the three support…

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Canadian Dollar Forecast: ING Sees Oil Risk Behind 1.42 USD/CAD Call ING sees limited Canadian Dollar gains against the US Dollar as its oil outlook challenges expectations of sustained Bank of Canada tightening. The US Dollar to Canadian Dollar exchange rate was trading at 1.3985 on Thursday, little changed on the day and below 1.40 after the Bank of Canada raised interest rates. Latest-Exchange Rates: Dollar to Canadian Dollar (USD/CAD): 1.39694 (-0.13%) Pound to Canadian Dollar (GBP/CAD): 1.8723 (+0.06%) Euro to Canadian Dollar (EUR/CAD): 1.562662 (-0.09%) ING still expects the pair to recover to 1.42 at end-2026, retaining a forecast…

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Prefer us on Google Written by our team All market analysis is written and reviewed by our team of financial analysts, not generated by AI. The information provided is for informational purposes only and does not constitute financial or investment advice. Summary:USD/CAD traded near 1.3960 after the Canadian dollar reached a six-week high on Thursday. The Bank of Canada raised its policy rate to 2.50%, while the Federal Reserve held steady. Canadian GDP data are due at 8:30 a.m. ET, with monthly growth of 0.2% expected. The Canadian dollar extended its gains on Friday after reaching a six-week high in the previous…

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On an adjusted basis, Spin Master says it earned US$1.03 per diluted share in its latest quarter, down from US$1.11 per diluted share in the same quarter last year. Revenue for the quarter totalled US$732.7 million, down from US$734.7 million a year ago. The company also announced it has named Kate Rouch to its board of directors. Rouch is a former OpenAI executive, where she was its first chief marketing officer, and has also held leadership positions at Meta and Coinbase. Source Google Soaring fuel costs push Air Canada to lower earnings forecast Air Canada (TSX:AC) Numbers for its latest…

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