Author: Robert Jessi

But becoming independent takes time.  Some young adults remain on their parents’ phone plans or continue to share a joint bank account well into their 20s. But experts say having autonomy over your bills, banking and debt early on can help build financial confidence for years to come. Being aware of the changes that come with adulthood is the first step, said Laura Whiteland, certified financial planner and owner of Inclusive Financial Planning. “It is kind of a light-switch moment where everything is very suddenly your responsibility,” she said. “Even if (your parents) are supporting you or helping you ……

Lincoln Electric Q3 2026 slides: record sales driven by volume growth

USD The dollar firmed on Monday, with the closing just above 102 ahead of tomorrow’s FOMC decision. The move came despite a modest retreat in oil, though Brazil added an EM risk-off impulse, with the down over 8% after Lula’s surprise win. Today brings durable goods at 12:30 GMT and Conference Board consumer confidence at 14:00 GMT, expected to slip to 81.0 as fuel costs bite. With a Fed hold at 3.75-4.00% all but certain, we expect the dollar to keep its gains into Wednesday, with Middle East headlines and today’s Israeli election the main swing factors. EUR slipped below…

extends its losing streak to five days. Rising oil prices weigh on the euro and support the dollar. Fed and ECB decisions could push EUR/USD toward 1.1000. Although French bonds rallied on Monday after Moody’s decision to hold its credit rating unchanged instead of a downgrade, the pressure has since resumed. This was, after all, expected. So it wasn’t much a vote of confidence. Anyway, pressure remains on the EUR/USD ahead of this week’s central bank meetings. Both the Fed and ECB decided whether to hold fire or again. The current backdrop is modestly bearish. The EUR/USD is now down…

USD/CAD rebounds on Monday, snapping a seven-day losing streak as traders reposition ahead of this week’s Federal Reserve (Fed) and Bank of Canada (BoC) monetary policy announcement. At the time of writing, the pair trades around 1.4023 after falling to 1.3969 on Friday, its weakest level since September 16.The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, trades around 101.87, recovering from last week’s low of 101.45.The BoC and Fed announce their interest rate decisions on Wednesday and are expected to take different paths. Traders anticipate a 25-basis-point hike from the Canadian…

EUR/JPY remains stronger for the second successive day, trading around 176.20 during Asian hours on Tuesday. Based on the technical analysis of the daily chart’s descending channel pattern, the currency cross maintains a clear bearish bias.The EUR/JPY cross is maintaining a bearish bias as it holds beneath both the nine- and 50-day Exponential Moving Averages (EMAs). The short- and medium-term averages above price suggest rallies remain capped, while the 14-day Relative Strength Index (RSI) at 35.98 stays in weak territory, hinting at subdued upside momentum rather than an outright oversold condition.The EUR/JPY cross may test the 12-month low of 175.10,…

The agency said in a review, released Friday, that while many bank fees seem relatively small on an individual basis, they can add up over time, and in some cases, the full fee structure is embedded in a transaction, making it less visible to the consumer.  “Our banks are very well established and very solid, and they really are focused on their customers … We would really like them to play an active role in reducing fees and ensuring that consumers are well served by the banking community,” Shereen Benzvy Miller, FCAC commissioner, said in an interview. What types of…

TSMC to raise advanced chip packaging prices by up to 20%, report says

Canada’s fiscal flexibility is shrinking ahead of next week’s Budget 2026, as the federal government PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign in

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts buyers for the third straight day, building on its recovery from a three-week low, touched last Thursday. The index touches a nearly two-week high during the Asian session, though it lacks follow-through and currently trades around 102.00 as traders opt to move to the sidelines ahead of the highly anticipated FOMC policy meeting.The US Federal Reserve (Fed) is scheduled to announce its decision on Wednesday and is widely expected to keep interest rates steady. Hence, the focus will be on the accompanying policy statement and…