Author: Robert Jessi

USD/CAD rises 0.30% on Wednesday, trading around 1.3880 at the time of writing. The pair remains supported by renewed trade tensions between the United States (US) and Canada, which weigh on the Canadian Dollar (CAD), while the latest US inflation figures provide some support to the US Dollar (USD). However, rising Oil prices offer a tailwind to the commodity-linked Loonie and could limit further gains in the pair.In the US, inflation, as measured by the Personal Consumption Expenditures (PCE) Price Index, stands at 3.7% YoY in July, unchanged from the previous month but above the 3.6% expected by markets. The…

Investing.com –The Canadian dollar weakened on Wednesday, with the U.S. dollar rising against the loonie as renewed trade tensions with the United States and sticky U.S. inflation increased pressure on the currency. USD/CAD was last around C$1.3876, up 0.27%, after reaching an intraday high of C$1.3893 and a low of C$1.3836. The loonie earlier fell to C$1.3892 per U.S. dollar, its weakest level since Aug. 19, while the Canadian dollar was around 72.07 U.S. cents The Canadian currency came under renewed pressure after U.S. inflation data showed price pressures remained elevated in July, strengthening the case for a Federal Reserve…

Payments under the Canada Pension Plan (CPP) and Old Age Security (OAS), including the Guaranteed Income Supplement (GIS), both go out on the same day: Thursday, August 27. The CPP is followed by the Veteran Disability Pension payment on Friday, August 28. Here’s what you should know about your eligibility and expected amount per the Government of Canada. What is the Canada Pension Plan (CPP) payment? The Canada Pension Plan a taxable monthly benefit that replaces part of your income after you retire, and it’s paid for life once you start collecting it. CPP also includes a disability benefit for…

Orthopediatrics Corp director Jennifer Pritzker sells $943,302 in shares

Gold price (XAU/USD) falls to near $4,610 during the early Asian session on Thursday. The precious metal retreats from a three-month high as US inflation data came largely in line with expectations, increasing expectations of a Federal Reserve (Fed) interest-rate hike next month. Data released by the US Bureau of Economic Analysis (BEA) on Wednesday showed that the Personal Consumption Expenditures (PCE) Price Index inflation remained unchanged at 3.7% YoY in July. This figure came in hotter than the market expectation of 3.6%. Meanwhile, the core PCE Price Index, which excludes volatile food and energy prices, held steady at 3.3%, in line with the…

The GBP/JPY failed to sustain the 217.00 breakout, reversing to the 216.50 area as traders faded the move, exacerbating the decline to current exchange rates. At the time of writing, the cross-pair exchanges hands with losses of 0.36%.GBP/JPY Price Forecast: Technical OutlookPrice action shows GBP/JPY making a U-turn, opening the door to further downside. A three-candle chart pattern suggests the formation of a bearish chart pattern, the ‘evening star.’ This usually forms during a false breakout, meaning that in the short-term, the path of least resistance is down.The first support is the psychological 216.50 and 216.00 levels. A breach of…

Investing.com –The Canadian dollar weakened on Wednesday, with the U.S. dollar rising against the loonie as renewed trade tensions with the United States and sticky U.S. inflation increased pressure on the currency. USD/CAD was last around C$1.3876, up 0.27%, after reaching an intraday high of C$1.3893 and a low of C$1.3836. The loonie earlier fell to C$1.3892 per U.S. dollar, its weakest level since Aug. 19, while the Canadian dollar was around 72.07 U.S. cents The Canadian currency came under renewed pressure after U.S. inflation data showed price pressures remained elevated in July, strengthening the case for a Federal Reserve…

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 226th consecutive day on Tuesday. The PKR closed at 277.52 after gaining three paisas against the US Dollar today. The rupee has consistently reported gains against the dollar since December 25, 2025. Other Currencies PKR was stable against the UAE Dirham (AED) and gained one paisa against the Saudi Riyal (SAR). Meanwhile, it lost 15 paisas against the British Pound (GBP) but gained 10 paisas against the Euro (EUR). Currency 20-Aug 2026 21-Aug 2026 24-Aug 2026 25-Aug 20266 Change +/– USD 277.5713 277.5604 277.5515 277.5228 0.0287…

Part of the move has also been driven by strength in the U.S. dollar. The greenback has historically benefited from flight-to-safety demand during periods of geopolitical stress, while the higher-for-longer U.S. interest rate environment has also helped support the currency relative to its peers. I bring this up because many Canadian investors own exchange-traded funds (ETFs) with substantial U.S. exposure. When you buy one of these ETFs without a currency hedge, your return is determined by more than what happens to the underlying stocks. Fluctuations in the Canada-U.S. dollar exchange rate can either add to or subtract from your Canadian-dollar…

Why is Summit Therapeutics stock surging today?