Author: Robert Jessi

The Canadian dollar ⁠weakened to a ​one-week low against the greenback on Tuesday as the threat of additional U.S. tariffs on Canadian goods led to investors reducing bets on Bank of Canada interest rate hikes this year.The loonie ​was trading 0.2 per cent lower at 1.4104 per ‌U.S. dollar, or 70.90 U.S. cents, marking its weakest level since last Tuesday.U.S. President Donald Trump unveiled 50 per cent tariffs on a wide range of imports from Canada on Monday in response to what the U.S. administration called its ‌discriminatory treatment ​of American-made cars, alcohol and ‌dairy goods. The new levies are…

That’s where habits come in. Habits are the automatic behaviours that shape how we spend, save, borrow, and manage money over time. A single budgeting session or extra debt payment can help, but it’s the small actions we repeat consistently that create lasting financial change. At Credit Canada, we often talk about the formula of a habit. Every habit is made up of three parts: Motivation: This is your “why”—your reason for wanting to change. Ability: This is the “how”—what you have access to in order to make the behaviour simple and realistic enough to repeat. Prompt: This is the…

Morgan Stanley initiates Target Hospitality stock at overweight

US economic exceptionalism is showing signs of fading as softer , inflation and employment data weigh on the dollar. Meanwhile, stronger Euro area data and a widening economic surprise gap are raising the prospect of a breakout.US retail sales post first decline in nine months US data undershoots weigh on European-US relative economic data surprises widest since 2023 EUR/USD closes above 100DMA for first time since May In what has been a rarity for large periods this year, US economic data is starting to whiff, weighing on the US dollar. At the same time, data in the Euro area is…

barely responded to softer US data and falling bets last week. With the calendar thinning, the price action may be the more important signal.USD/JPY shrugs off softer US data Fed rate hike pricing continues to retreat US-Japan yield spreads keep compressing Yen shorts decline despite USD/JPY rebound Thin calendar puts focus on price action USD/JPY was given every excuse to decline last week and didn’t. Perhaps there is a message in that. US data whiffed, market pricing for Fed rate hikes declined and yield spreads between the US and Japan narrowed further, yet none of it generated meaningful downside. And…

Canadian Dollar momentum is building as yield spreads narrow and crowded short-CAD positions come under pressure, with Scotiabank warning USD/CAD could extend its fall towards 1.3817. The US Dollar to Canadian Dollar (USD/CAD) exchange rate closed Friday around 1.3875 after the Canadian currency finally pushed through an area that had frustrated several earlier attempts at appreciation. USD/CAD fell 0.38% on Friday and almost 1% over August so far, leaving the pair close to its lowest level of the month. Foreign exchange analysts at Scotiabank thinks there may be more to this move than a brief burst of commodity-currency strength. The…

Canadian Dollar momentum is building as yield spreads narrow and crowded short-CAD positions come under pressure, with Scotiabank warning USD/CAD could extend its fall towards 1.3817. The US Dollar to Canadian Dollar (USD/CAD) exchange rate closed Friday around 1.3875 after the Canadian currency finally pushed through an area that had frustrated several earlier attempts at appreciation. USD/CAD fell 0.38% on Friday and almost 1% over August so far, leaving the pair close to its lowest level of the month. Foreign exchange analysts at Scotiabank thinks there may be more to this move than a brief burst of commodity-currency strength. The…

A pricey birthday dinner? You went. A destination wedding that required a flight, hotel, and three new outfits? You just figured it out. A group trip you hadn’t budgeted for? Saying no meant admitting that money was the reason, and for many people, that’s enough to make them say yes anyway.  Gen Z is starting to change that. From talking openly about the cost of experiences to opting out when something isn’t in the budget, younger Canadians seem to be more and more willing to set financial boundaries—and even saying them out loud. “I’d say in general, Gen Z is…

Scholastic EVP, pres. CBG Sasha Quinton sells over $1.2m in stock

US Treasury yields advanced on Friday during the North American session after reversing their course following the release of US Retail Sales data, which disappointed investors. Meanwhile, the lack of news from the Middle East kept Oill prices higher, amid fears of a resumption of hostilities.US yields climb as Oil stays bid, while weak sales pressure DollarThe US 10-year Treasury yield edged up by over 4 basis points to 4.692% amid a rise in Oil prices. West Texas Intermediate (WTI), the US crude benchmark, is up 1.50% at $82.39.US Retail Sales disappointed investors, contracting -0.6% MoM, below forecasts of 0.1%…