Author: Robert Jessi

The Japanese Yen finished the week on a higher note as the USD/JPY pair registered losses of over 0.74% in the week, while holding firm daily amid a sour market mood. The pair trades at 156.85 as a ‘hammer candle pattern’ forms.USD/JPY Price Forecast: Technical outlookPrice action is consistent for further sideways action, with the USD/JPY trapped within the 156.00-159.00, 300-pip range, with neither buyers nor sellers able to decisively clear immediate support and resistance levels, delineated by the range.Momentum shifted bearish, with the 14-day Relative Strength Index (RSI) edging below its 50-neutral level, indicating that sellers are strengthening.Therefore, the…

Investing.com — The Canadian dollar held near a one-month high against its U.S. counterpart on Friday, extending a rally supported by rising oil prices and shifting expectations for interest rates in Canada. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month’s list » The U.S. dollar was trading around C$1.4000 in early trading, although the exact exchange rate at 8:10 a.m. ET could not be independently verified. A decline in the USD/CAD pair indicates a stronger Canadian dollar. Unsure what to buy ahead of earnings?…

On Thursday, the USD/CAD currency pair pulled back from the session highs of about 1.4046 to trade at about 1.4005. The currency pair trades within a descending channel formation on the 60-minute chart.The pair continues to trade a few levels below the 100-hour moving average line after the pullback. As a result, the currency pair is on the verge of entering 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 both markets. In Canada, the consumer price index for September came in lower than expected…

As a financial planner, she has more money know-how than most. And her uncles had each clearly communicated their end-of-life wishes and ensured vital information was accessible.  Even still, it’s been exhausting.  “When you’re experiencing grief at the same time, which I definitely have been, there were moments where I was like, ‘I literally can’t think,’” Chung, CEO of Spring Planning, said in an interview from Vancouver.  What goes into settling a loved one’s estate People often name someone they love and trust to be executor of their estates, which involves settling debts, managing assets and tying up myriad other…

Bombardier to invest $270 million in US after Trump backs away from ban threat

USD The dollar again failed to attract much of a haven bid on Thursday despite a sharp deterioration in risk appetite. Fresh doubts over AI financing, triggered by ’s capex guidance, dragged the 2.6% lower, though the bigger story was in Treasuries, where fell 17bp to 4.96%, the largest one-day drop since March 2023, as investors pared Fed hike bets. With yields falling, the slipped to 101.65, its weakest level this month, with the and the main beneficiaries. But as we flagged yesterday, we think dollar losses should remain modest with the FOMC in blackout ahead of Wednesday’s decision, while…

The dollar has not exactly been thrown out of the safe-haven club, but someone has quietly moved its chair away from the head of the table.Takeaways• The yen and Swiss franc have moved to the front of the FX hedge queue as falling US yields chip away at one of the dollar’s biggest advantages when risk turns ugly. • The yen is the more interesting tell because it is still attracting defensive flow with oil elevated, suggesting traders are looking through Japan’s terms-of-trade drag and reaching for the hedge function anyway. • France remains the loose floorboard in Europe. The…

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…

The IMF recently raised its growth outlook for advanced economies by 0.4 percentage point from July but lowered its forecasts for Canada to 1.1% in 2026 and 1.7% in 2027, compared with projected US …

Revenue for the quarter totalled $653.2 million, up from $561.8 million in the same quarter last year. The firm says the year-over-year increase in revenue included $44.3 million of internal growth, a $37.7-million increase in fuel surcharge revenue while acquisitions added $9.4 million of incremental revenue. On an adjusted basis, Mullen Group says it earned 52 cents per share in its latest quarter, up from an adjusted profit of 38 cents per share a year earlier. Murray Mullen, Mullen Group’s chair and senior executive officer, says the company is generating excellent results and maintaining a strong, well-funded balance sheet. Source…