Author: Robert Jessi

is pinned near the bottom of its 2026 range. GBP/USD traded around 1.3220 into Monday, advancing modestly toward 1.3250 after striking a fresh 2026 low near 1.3145 last week. The pair is flat-to-firmer on the session as the dollar’s uptrend falters and the desk takes profit ahead of a heavy catalyst week, but the recovery is fragile — sterling sits at the soft end of a range that has been grinding lower since the hawkish Fed turn and a UK-specific political shock collided in mid-June. The pound faces three headwinds at once, and that confluence is what drove the fresh…

“People don’t usually call and ask for a hybrid,”  he said. “It’s more the EVs.” Customers tend to take him up on the offer of a hybrid, even though it costs $10 more per day, because they save more than that on gas money, he said. Gas prices drive interest in EV rentals As higher fuel prices strain traveller budgets this summer, some Canadians are looking to EVs to steer clear of gas stations. But with EV rental inventory tight, many won’t find what they’re looking for on the rental lot. This fresh wave of interest in EVs comes after a…

Form 4 Structure Therapeutics Inc ADR For: 29 June

Gold price (XAU/USD) declines to around $4,015 during the early Asian session on Tuesday. The precious metal extends its downside as inflationary pressure raised expectations that central banks would keep interest rates higher for longer.CNBC reported on Monday that the United States and Iran are set to hold fresh talks on Tuesday in Doha, Qatar, following a weekend of hostilities in the Middle East. However, uncertainty remain high and there was no response from Iran’s Ministry of Foreign Affairs.“The market is attuned to Middle East headlines, (with) some uptick in tensions over the weekend and still adjusting to a more hawkish Fed…

US President Donald Trump said via social media on Monday that the US and Iran are set to hold fresh talks on Tuesday in Doha, Qatar, following a weekend of hostilities in the Middle East, CNBC reported.“IRAN HAS REQUESTED A MEETING. IT WILL TAKE PLACE TOMORROW IN DOHA!,” Trump said in a post on Truth Social.Meanwhile, Iran said that no negotiation meetings are scheduled with Washington at any level in the coming days, as Tehran remains focused on implementing the memorandum of understanding rather than moving to final agreement talks.Iranian President Masoud Pezeshkian stated on Monday that Iran will honor…

The Pound to Canadian Dollar (GBP/CAD) exchange rate traded in a narrow range last week as investors balanced UK political developments against stronger Canadian inflation and softer oil prices. At the time of writing, GBP/CAD was trading at CA$1.8755, little changed on the week. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.87384Euro to Canadian Dollar (EUR/CAD): 1.6161Dollar to Canadian Dollar (USD/CAD): 1.41946 DAILY RECAP: The Pound (GBP) proved resilient last week, with Sterling holding steady despite Prime Minister Keir Starmer’s resignation. The move had already been largely priced in by GBP investors, meaning the announcement did little to unsettle…

The US Dollar to Canadian Dollar (USD/CAD) exchange rate remains close to multi-year highs, trading around 1.4195 after rallying almost 3% during June. Citi has upgraded its USD/CAD forecasts, raising its three-month target to 1.43 from previous estimates and lifting its six to 12-month forecast to 1.42, reflecting a more constructive outlook for the US Dollar. The bank believes policy divergence remains the key driver, arguing there is “asymmetric scope for policy divergence” as the Federal Reserve signals a willingness to tighten while the Bank of Canada remains constrained by subdued core inflation and uncertainty surrounding the USMCA trade agreement.…

The instinct to “go American” makes sense but can be expensive When London accepted a new job opportunity in Seattle, he assumed one of the first things he would need to do was convert his Canadian investment portfolio into U.S. dollars. Like many Canadians moving south, the logic seemed straightforward: If he was going to live, work, and spend money in the United States, shouldn’t his investments be in U.S. dollars too? At the time of his move, London had approximately $500,000 invested in a non-registered account at a Canadian financial institution. The problem? Currency conversions are not investment decisions—they…

MHRA validates Nuvation Bio’s taletrectinib application in UK

Canada’s financial services sector, long characterised by stability and concentration among a handful of large banks, is undergoing a decisive digital transformation. Over the past 18 months, a confluence of regulatory reform, infrastructure modernisation and fintech innovation has begun to reshape how money moves, how data is shared and how consumers interact with financial institutions. The result is not merely incremental change, but the foundations of a more open, competitive and technology-driven system. The most significant shift has been the long-awaited arrival of consumer-driven banking, more commonly known as open banking. After years of consultation, the federal government confirmed in…