Author: Robert Jessi

USD/CAD Forecast: Scotiabank Sees Little Support Before 1.40 The Canadian Dollar is recovering as US yield support fades, but Scotiabank’s fair-value estimate now sits close to the market after USD/CAD retreat. The US Dollar to Canadian Dollar (USD/CAD) exchange rate slipped further on Friday, with FX strategists at Scotiabank warning of little technical support before 1.40 after the pair broke below 1.4200. USD/CAD traded near 1.4152 at the time of writing, down 0.29% from Thursday’s close and almost 0.9% below Monday’s closing level. Latest-Exchange Rates: Dollar to Canadian Dollar (USD/CAD): 1.41525 (-0.29%) Pound to Canadian Dollar (GBP/CAD): 1.889388 (+0.30%) Euro…

USD/CAD Forecast: Scotiabank Sees Little Support Before 1.40 The Canadian Dollar is recovering as US yield support fades, but Scotiabank’s fair-value estimate now sits close to the market after USD/CAD retreat. The US Dollar to Canadian Dollar (USD/CAD) exchange rate slipped further on Friday, with FX strategists at Scotiabank warning of little technical support before 1.40 after the pair broke below 1.4200. USD/CAD traded near 1.4152 at the time of writing, down 0.29% from Thursday’s close and almost 0.9% below Monday’s closing level. Latest-Exchange Rates: Dollar to Canadian Dollar (USD/CAD): 1.41525 (-0.29%) Pound to Canadian Dollar (GBP/CAD): 1.889388 (+0.30%) Euro…

Statistics Canada is set to release its September inflation data on Monday, giving the central bank a look at how energy price pressures are influencing other parts of the consumer basket. A Reuters poll of economists expects the annual rate of inflation rose to 3.2% in September, up from 3% in August, according to LSEG Data & Analytics. RBC assistant chief economist Nathan Janzen said he expects inflation held steady at 3% last month. Persistently high gasoline prices tied to the ongoing war in Iran will remain the biggest fuel for inflation, he said. “We know that energy prices are…

Form DEF 14A Nano Dimension Ltd ADR For: 17 October

Higher energy prices are driving inflation and rates higher, and that is beginning to create waves for gold and other metals, says Bart Melek, Head of Commodity Strategy with TD Securities.

is trading at 1.3366, up 0.69% on the day. Other quotes put the pair at 1.3369, up 0.70%, or 93 pips. The pound has moved steadily higher through the European session. At 6:15 a.m. ET it was at 1.3341, up 0.51%. By mid-morning it had extended the gain to near 1.3370. The move caps a sharp turnaround. On Wednesday, October 14, after the hot U.S. consumer price report, cable fell to 1.3137, its lowest level since late June. That was a 15-week low. Over the four weeks to that low, the pound lost 2.18% against the dollar. From 1.3137 to…

is trading at 157.79, down 0.12% on the day. Thursday’s close was 158.00. Other Friday quotes put the pair between 157.95 and 158.18, with the session holding a tight range near 158 for most of the European morning before easing in New York trading. The pair has pulled back from this week’s high. After the hot U.S. consumer price report on Wednesday, USD/JPY climbed to 159.05, the highest level in a month and the weakest yen of October. On Thursday, Finance Minister Satsuki Katayama warned that Japan was ready to intervene again, and the yen strengthened past 158 to a…

USD/CAD Forecast: Scotiabank Sees Little Support Before 1.40 The Canadian Dollar is recovering as US yield support fades, but Scotiabank’s fair-value estimate now sits close to the market after USD/CAD retreat. The US Dollar to Canadian Dollar (USD/CAD) exchange rate slipped further on Friday, with FX strategists at Scotiabank warning of little technical support before 1.40 after the pair broke below 1.4200. USD/CAD traded near 1.4152 at the time of writing, down 0.29% from Thursday’s close and almost 0.9% below Monday’s closing level. Latest-Exchange Rates: Dollar to Canadian Dollar (USD/CAD): 1.41525 (-0.29%) Pound to Canadian Dollar (GBP/CAD): 1.889388 (+0.30%) Euro…

USD/CAD Forecast: Scotiabank Sees Little Support Before 1.40 The Canadian Dollar is recovering as US yield support fades, but Scotiabank’s fair-value estimate now sits close to the market after USD/CAD retreat. The US Dollar to Canadian Dollar (USD/CAD) exchange rate slipped further on Friday, with FX strategists at Scotiabank warning of little technical support before 1.40 after the pair broke below 1.4200. USD/CAD traded near 1.4152 at the time of writing, down 0.29% from Thursday’s close and almost 0.9% below Monday’s closing level. Latest-Exchange Rates: Dollar to Canadian Dollar (USD/CAD): 1.41525 (-0.29%) Pound to Canadian Dollar (GBP/CAD): 1.889388 (+0.30%) Euro…

CREA now expects a total of 444,530 homes to be sold by the end of this year, representing a 5.2% decrease from 2025. That’s down from its July forecast of a 1.4% year-over-year decline, which marked a reversal from its April forecast of a 1% gain. The association had predicted 5.1% growth year-over-year in January. CREA also projects the national average home price to tick 0.2% higher on an annual basis to $681,681 this year, which is around $5,000 lower than predicted in the summer. The association said its revised forecast comes amid a “roller-coaster year,” with the global energy…