Author: Robert Jessi

The US Dollar to Canadian Dollar (USD/CAD) exchange rate has eased back to around 1.4160 after retreating from June’s highs above 1.42, with the Canadian Dollar finding support from firmer oil prices and improving risk sentiment. Latest — Exchange Rates:Dollar to Canadian Dollar (USD/CAD): 1.41574 (-0.07%)Pound to Canadian Dollar (GBP/CAD): 1.897869 (-0.13%)Euro to Canadian Dollar (EUR/CAD): 1.616046 (-0.23%) ING believes the Canadian Dollar can remain relatively well supported in the near term, although it does not expect USD/CAD to fall back below the key 1.40 level over the next couple of months. The bank notes that higher oil prices and…

Silver price retreats on Friday during the North American session, edging down by 0.54%, weighed by high US Treasury yields and a sudden shift in market sentiment, after US President Trump revealed that the ceasefire is “over.” At the time of writing, the XAG/USD trades at $59.66.XAG/USD Price Forecast: Technical OutlookSilver is downward biased, as the market structure continues to respect the series of lower highs and lower lows. The Relative Strength Index (RSI) remains bearish, below its 50-neutral level and aiming towards oversold territory. Given the reasons mentioned above and geopolitical uncertainty, the XAG/USD’s path of least resistance is…

Claiming your cell phone as an employee Employees who are required by their employers to use their cell phone for employment purposes and who have a Form T2200 Declaration of Conditions of Employment signed by their employer may be eligible to claim a portion of their cell phone costs. This presumes they were not reimbursed by the employer. Canada Revenue Agency (CRA) guidelines are that you can deduct a portion of your cell phone service cost if all conditions below are met: The cost is reasonable You can document the cell minutes or data that were part of your employment…

Investing.com — While the United States and China remain far ahead in the global artificial intelligence race, a report from Bank of America says a handful of countries are emerging as the strongest contenders to benefit from the next phase of AI development. Track AI leaders and market movers with InvestingPro – now 60% off The brokerage said the AI landscape is becoming increasingly concentrated around the U.S. and China, with Washington retaining its lead in private investment, advanced chips and computing infrastructure, while Beijing benefits from manufacturing scale, lower energy costs and dominance in processed critical minerals. Rather than…

The year 2026 is poised to be a breakthrough one for open banking in Canada. Bill C-15 — which would implement measures from the 2025 federal budget — is currently before Parliament. If passed, Bill C-15 will complete and modernize Canada’s Consumer-Driven Banking Act by giving the Bank of Canada oversight over a new open banking framework that lets consumers and small businesses securely share their financial data with the third parties they choose. To date, discussions about this new framework have largely focused on promoting competition and technological innovation. Equally important, however, is its potential to help women experiencing…

Japanese assets are rallying after the government floated the prospect of the GPIF investing more heavily at home. While the proposal could have significant implications for global capital flows, it does not yet change the broader forces driving Japanese bond yields and .GPIF proposal sparks capital repatriation hopes Long-dated JGBs lead powerful relief rally Imported inflation strengthens BOJ normalisation case USD/JPY nears trendline support Japanese Assets Rally on GPIF ProposalJapanese assets are rallying after Finance Minister Satsuki Katayama said the government wants to encourage Japan’s GPIF, the world’s largest pension fund, to invest substantially more domestically. The reason markets are…

The euro is treading water Friday, with trading near $1.1420 and clinging to the lower end of a range it has been trapped in all year. The pair eased back from Thursday’s push toward $1.1438 and now sits just above the level that matters most: the $1.1400 support that has become the fulcrum of the entire euro-dollar story. The move is close to flat on the session, but that quiet tape masks a market coiled at a decisive technical juncture, one that has already absorbed multiple tests and now faces a dense cluster of central-bank catalysts. The number that frames…

From vtmarkets.com | 46 hr ago USD/JPY edged lower on Thursday, with a softer US Dollar supporting the Japanese Yen. The pair traded around 162.45, staying close to 40-year highs, as the market remained sensitive to the risk of Tokyo acting in the foreign exchange market. Prior episodes of suspected support were short-lived, with the currency still weighed down by structural pressures …

The pound is having a moment. is trading near 1.3431 Friday, extending a recovery to fresh one-year highs as sterling continues to outperform while the dollar loses some of its defensive appeal. The pair has climbed for a third consecutive session, pushing above 1.34 after briefly dipping below 1.3350 earlier in the week, and it touched an intraday high near 1.3448 — the strongest level for Cable since last summer. In a year where most currencies have been steamrolled by a hawkish-Fed-driven dollar, the pound stands out as one of the few genuinely beating the greenback. That distinction is what…

MGM Resorts weighs Barry Diller takeover proposal, WSJ reports