Author: Robert Jessi

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…

Introduction Good afternoon. It’s a pleasure to be in New York among so many familiar faces from across the financial community. I am looking forward to a great discussion today. Before we get to the conversation, I’d like to take a few minutes to update you on two areas of work at the Bank of Canada that will be of particular interest to this audience. First, I’ll talk about what we’re doing to support resilience and efficiency in repurchase agreement (repo) markets, specifically by improving market infrastructure. Second, I’ll explain how our monetary policy implementation framework has evolved since quantitative…

On Thursday, the USD/CAD currency pair pulled back from the session highs of about 1.4264 to trade at about 1.4226. The currency pair trades within an ascending channel formation on the 60-minute chart.The pair continues to trade a few levels above the 100-hour moving average line, despite the pullback. As a result, the currency pair still has room left to run before reaching the oversold levels of the 14-hour RSI.USD/CAD Fundamentals Overview From a fundamental perspective, the USD/CAD currency pair trades during a relatively busy period in the US market. On Thursday. The US ISM Manufacturing PMI for September missed…

Whether it’s the high tip percentage options offered at points of sale or inflation in general, Canadians are taking multiple factors into account before deciding to tip less or skip the tip entirely. Per a September 2026 Restaurants Canada report, eight-in-10 are cutting back on restaurant visits to make ends meet. “I started to not care for [tipping] when every little thing started to ask for tips, like pick-up, mobile order, take out, etc. I only tip if I am sitting down at a restaurant and servers are working, like it was ‘back in the day.’ Not for take out,…

Form 4 CTT Pharmaceutical Holdings Inc For: 6 October

Investing.com — Canadian government bond yields fell on Tuesday, tracking a broader retreat in global yields as easing oil prices reduced some pressure on inflation expectations and risk sentiment improved. Before you buy NVIDIA: our AI model’s stock picks are beating the market by 120%+. See the list now » The decline came as investors responded to signs that crude supply from the Middle East was recovering, while the Group of Seven’s plans to release emergency fuel reserves also helped ease concerns about an extended energy shock. The benchmark two-year Canada yield was last at 3.235%, down 1.8 basis points,…

The Mexican Peso stages a comeback against the US Dollar on Tuesday as the latter weakens amid profit-taking and lower US Treasury yields, with traders awaiting the release of the minutes of the Federal Reserve’s last meeting. The USD/MXN trades at 17.97, down 0.55%.USD/MXN drops as Dollar profit-taking and upbeat risk sentiment favor the PesoAn upbeat market mood supported the emerging-market currency, as USD/MXN hit a two-day low of 17.91, the level last seen on September 29. This pushed the Greenback lower, as the US Dollar Index (DXY), which measures the performance of the American currency against six others, is…

Sterling traded at 1.3247 against the dollar on Tuesday, up 26 pips or 0.20% from Monday’s 1.3221 close. The session range is 1.3201 to 1.3248. On Monday the pound fell 0.21% to as low as 1.3213 while gaining 0.2% against the euro, and Tuesday’s bounce puts it back at the top of a band that has contained the pair for three sessions. That band is narrow. Friday’s range was 1.3182 to 1.3256, with an open at 1.3201 and a close at 1.3240. Tuesday’s low matched Friday’s open to the pip. The pair has not closed outside 1.3182 to 1.3256 since…

Investing.com — The Canadian dollar remained under pressure on Tuesday, hovering near an 18-month low even after data showed Canada’s trade surplus widened sharply in August, as broad U.S. dollar strength and concerns over the domestic economy continued to weigh on the currency. Before you buy NVIDIA: our AI model’s stock picks are beating the market by 120%+. See the list now » The loonie was last around C$1.4274 per U.S. dollar, with USD/CAD up about 0.09%. The pair has traded between roughly C$1.4256 and C$1.4285 so far on Tuesday. The currency’s weakness comes despite a much stronger-than-expected trade report.…

Introduction I’m very happy to be giving this speech in Victoria today. This city is home to me. I spend most of my time in Ottawa now, but Victoria has been my home base for more than 20 years. I also started my public sector career here about 15 years ago, so this feels like a professional homecoming too. It also feels fitting to talk about Canada’s housing affordability dilemma here because this is where I first faced it as a public policy problem. It has followed me for the last 15 years through different jobs, different cities and provinces, and even to…