Author: Robert Jessi

The USD/CAD pair loses ground to near 1.4165 during the Asian trading hours on Thursday. A rise in crude oil prices provides some support to the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD). Traders await the US weekly Initial Jobless Claims report later on Thursday.Axios reported that the US strikes hit a rail line in Golestan province in northeastern Iran, near the border, using cruise missiles. It marked the first US strike on Iranian infrastructure since the ceasefire took hold. Iran said multiple US artillery shells struck a railway bridge west of Aghala in Golestan early Thursday, triggering…

Crypto’s appeal lies in its growth potential and its ability to diversify a portfolio, but it comes with sharp price swings and uncertain long-term outcomes. The key question isn’t just whether it might boost returns, but whether it fits your risk tolerance and overall strategy. For investors looking to explore the space, platforms like Coinbase have helped make buying, selling, and holding crypto more accessible in Canada. BTC outperformed the stock market in 7 of the past 10 years As the table below shows, since 2016 BTC has outperformed the S&P 500 (U.S. stock market index), S&P/TSX Composite (Canadian stock…

US military carries out fresh strikes on Iran, prompting Iran attacks on Kuwait and Bahrain

The Federal Reserve’s preferred inflation gauge showed prices heated up to the highest level in three years, likely keeping the central bank holding interest rates steady with an eye toward hiking if inflation doesn’t dissipate. The Personal Consumption Expenditures index rose 4.1% in May, in line with expectations, and up from 3.8% in April. Month over month, inflation rose to 0.4%, a tenth of a percentage point less than expectations and the same level as April. Excluding volatile energy and food prices, the way the Fed prefers to assess the inflation gauge, “core” PCE rose to 3.4%, in line with…

NZD/USD extends its gains for the second successive day, trading around 0.5720 during the Asian hours on Thursday. The pair holds gains as the New Zealand Dollar (NZD) remains stronger following the Consumer Price Index (CPI) inflation data release from New Zealand’s close trading partner, China.The National Bureau of Statistics (NBS) of China reported that inflation came in at 1.0% year-over-year (YoY) in June, against the 1.2% in May. The market consensus was for 1.1% in the reported period. CPI inflation arrived at -0.3% MoM in June versus a decline of 0.1% prior, softer than the expectation of a 0.2%…

AUD/USD gains ground after remaining flat in the previous day, trading around 0.6930 during the Asian hours on Thursday. The currency pair maintains its position as the Australian Dollar (AUD) moves little following the Consumer Price Index (CPI) inflation data release from New Zealand’s close trading partner, China. Market attention will shift toward the US weekly Initial Jobless Claims report for further direction.The National Bureau of Statistics (NBS) of China reported that inflation came in at 1.0% year-over-year (YoY) in June, against the 1.2% in May. The market consensus was for 1.1% in the reported period. CPI inflation arrived at…

The Pound to Canadian Dollar (GBP/CAD) exchange rate climbed to its strongest level in around a decade on Monday as persistently weak oil prices continued to undermine the commodity-linked Canadian Dollar. At the time of writing, GBP/CAD was trading at CA$1.8971, having eased back slightly after touching a session high of CA$1.8980. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.89894 (+0.16%)Euro to Canadian Dollar (EUR/CAD): 1.623308 (-0.04%)Dollar to Canadian Dollar (USD/CAD): 1.42169 (+0.12%) DAILY RECAP: The Canadian Dollar (CAD) found itself under pressure on Monday, as weaker oil prices continued to weigh heavily on the commodity-linked currency. Crude has…

The US Dollar to Canadian Dollar (USD/CAD) exchange rate continues to trade near 1.4210, with the Canadian Dollar struggling to recover despite some easing in US-Canada interest-rate differentials. Scotiabank believes the Loonie remains fundamentally undervalued, but warns that its scope for a meaningful recovery has narrowed. The bank notes that confirmation the US will not renew the USMCA trade agreement has extended uncertainty for Canadian exporters, even though negotiations are expected to continue. According to Scotiabank, the Canadian Dollar “continues to look fundamentally cheap”, but the degree of undervaluation has steadily diminished over the past month, leaving “limited upside potential…

Today, financial decisions are intertwined with daily life, relationships, and long-term goals. The ability to communicate openly about money can make or break both your finances and your relationship. The real problem: Silence around money Many couples assume that financial conflict comes from external factors: spending habits, income differences, or investment choices. But often, the real issue lies deeper. It’s not just what couples disagree on, it’s what they never say out loud. Unspoken expectations, hidden fears, and unresolved assumptions quietly shape financial behaviour. Over time, these blind spots can lead to misunderstandings and resentment. Best savings accounts in Canada…

stock reached a 52-week low, touching $73.14, amid a challenging year for the company. The stock currently trades at $73.19, just pennies above its 52-week low of $73.15. Over the past 12 months, the stock has experienced a decline of 16.88%, reflecting broader market pressures and potential company-specific challenges. Despite this downturn, InvestingPro analysis suggests the stock is undervalued relative to its Fair Value, placing it among stocks on the Most Undervalued list. This downturn marks a significant low point for Graco Inc, as investors weigh the company’s performance against market expectations and economic conditions. Yet the company maintains strong…