Author: Robert Jessi

Form 4 Air Products and Chemicals Inc: Alfred Stern (Director) For: 30 September

Key TakeawaysCanada’s OSFI ruled tokenized deposits legally match traditional ones, removing a major regulatory hurdle.The regulator adopted a tech-neutral stance, binding tokenized assets to current financial compliance laws.Banks can now implement tokenized deposits, lifting compliance burdens and accelerating digital adoption. Canadian Banking Regulator Takes A Stance Regarding Tokenized Deposits The Canadian financial system has received good news regarding the possible integration of decentralized technologies in its banking ecosystem. On Thursday, the Office of the Superintendent of Financial Institutions (OSFI), the Canadian banking regulator that supervises nearly 350 financial institutions and 1,200 pension plans, took a friendly stance on tokenized deposits,…

The yen and Swiss franc have emerged as the safe havens of choice as the greenback continues to show some vulnerability to the AI story. A further widening in French spreads has not materially hit the euro, but that correlation may spike again soon. Today, PMIs are published, but focus will remain primarily on global equities, France, and . USD: Losing Safe-Haven Appeal Yesterday was a rough session for risk sentiment, as global equities sold off on a combination of higher oil prices and AI-related concerns. FX moves confirmed that the dollar is far from the preferred safe haven at…

The single currency alternated gains and losses against the US Dollar (USD) this week, prompting EUR/USD to stabilise around the 1.1200 neighbourhood on Friday, while remaining unable to sustain its earlier bull run toward the 1.1260 zone. On the monthly chart, the second drop in a row appears almost unavoidable.Furthermore, spot has given away around six big figures since its peak past 1.1700 in the summer, coming under increasing selling pressure since then in tandem with the strong bounce in the Greenback.On the latter, the US Dollar has traded on the back foot this week, as the ongoing bullish move…

The Pound-Canadian Dollar rate could strengthen if Andrew Bailey reinforces BoE hike expectations, while softer Canadian producer prices may weigh on the Loonie. The Pound to Canadian Dollar (GBP/CAD) exchange rate was rangebound on Wednesday, following the publication of the UK’s latest consumer price index. At the time of writing, the GBP/CAD exchange rate was trading at CA$1.8809. Almost unchanged from the start of Wednesday’s session. Latest — Exchange Rates: Pound to Canadian Dollar (GBP/CAD): 1.881279 (+0.01%) Euro to Canadian Dollar (EUR/CAD): 1.577669 (-0.10%) Dollar to Canadian Dollar (USD/CAD): 1.40436 (-0.16%) DAILY RECAP: The Pound (GBP) traded with modest support…

Canadian Dollar Forecast: Producer Prices Test October Rate Expectations The Canadian Dollar’s rally faces a test as CIBC questions how far factory-price increases will reach consumers, despite rising Bank of Canada hike risk. The US Dollar to Canadian Dollar exchange rate was trading at 1.4017 on Friday, close to the 1.40 level after a week of gains for the Canadian currency. Higher expectations for Canadian interest rates have helped that advance, but CIBC questions whether the producer-price shock warrants the policy response investors increasingly anticipate. Its mechanical inflation model points to 3.2% CPI inflation in the first quarter of 2027,…

Rogers says on its support page that, starting January 17, 2027, it will add a 1.6% “credit card processing charge” to every bill paid by credit card, whether you pay once or through auto-pay. On a $100 bill, 1.6% works out to $1.60. The new fee will not be applicable to Rogers customers in Quebec. The province’s Consumer Protection Act prohibits such fees. What’s changing on January 17 In a phone call on Oct. 21, Rogers told MoneySense that it had begun notifying both business and consumer customers about the fee. The charge applies to every credit card payment, even…

Amazon’s AWS cloud capacity largely sold out through 2027, CEO says

In its September 2 announcement, the Bank has held its key rate at 2.25%. It has been so since it was cut from 2.50% in October 2025. With inflation back above 3% and energy prices elevated by the war in Iran, experts are predicting roughly 80% odds of a 0.25% hike. Several economists have changed their calls. However, Clay Jarvis, a mortgage expert at Ratehub.ca, sees it differently.  Clay Jarvis is the former editor of Mortgage Broker News. He has spent more than a decade covering personal finance, mortgages and the Canadian housing market, and his commentary has been quoted…

The Australian Dollar finished Friday’s session with gains of over 0.22% and the week up by more than 1.20%, with the pair reclaiming the 0.7000 figure and poised to test a confluence of key resistance levels within the 0.7000-0.7100 range. At the time of writing, the AUD/USD trades at 0.7035.AUD/USD Price Forecast: Technical outlookAfter climbing from around 0.6900 in mid-October to current exchange rates, the AUD/USD bias has turned bullish in the near term. Along with a constructive technical picture, expectations that the Reserve Bank of Australia (RBA) will increase rates again before next year, underpinned the Aussie.From a technical…