Author: Robert Jessi

United Overseas Bank strategists Quek Ser Leang and Lee Sue maintain a negative stance on USD/CNH, noting that the pair has been edging lower and remains under downward pressure. Short-term projections see scope to test nearby support, while the 1–3 week and 1–3 month views both favour continued gradual declines as long as the pair stays below key resistance and cloud boundaries.Offshore Yuan strength caps Dollar”24-HOUR VIEW: We expected USD to “edge lower” yesterday, but we pointed out that “slowing downward momentum suggests any decline should stay within a 6.6575/6.6655 range.” USD declined more than expected to 6.6559 before settling…

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Read the latest CAD USD news and Canadian Dollar US Dollar market updates from leading financial sources worldwide.

Canadian Dollar Forecast: ING Sees Oil Risk Behind 1.42 USD/CAD Call ING sees limited Canadian Dollar gains against the US Dollar as its oil outlook challenges expectations of sustained Bank of Canada tightening. The US Dollar to Canadian Dollar exchange rate was trading at 1.3985 on Thursday, little changed on the day and below 1.40 after the Bank of Canada raised interest rates. Latest-Exchange Rates: Dollar to Canadian Dollar (USD/CAD): 1.39694 (-0.13%) Pound to Canadian Dollar (GBP/CAD): 1.8723 (+0.06%) Euro to Canadian Dollar (EUR/CAD): 1.562662 (-0.09%) ING still expects the pair to recover to 1.42 at end-2026, retaining a forecast…

It’s an issue becoming more relevant as Canada’s population of those 65 and older grows, but many aren’t prepared for the financial and personal toll of meeting the needs of their loved ones. “The earlier we start having conversations in families is always better,” said Tracey McLennan, head of high net worth and legacy planning at Edward Jones Canada. Millions of Canadians currently acting as caregivers A report released earlier this month by Edward Jones Canada found more than 3.6 million Canadians currently serve as financial caregivers for an adult 65 or older. Those caregivers contribute around $20 billion annually…

Form 4 Esquire Financial Holdings Inc: Ari P. Kornhaber (EVP and Head of Corp Dev) For: 28 October

Highlights Bank of Montreal provides banking and financial services across North America. Its operations include personal, commercial and capital-markets services. Regulation, customer needs and credit conditions shape its activities. Bank of Montreal (TSX:BMO) Financial Services Bank of Montreal (TSX:BMO) 239.22 CAD -5.350 ↓ 2.188% Last Updated at: 2026-10-30T20:00:00Z , also known as BMO Financial Group, is a Canadian financial services company serving personal, commercial and institutional customers. Its operations include everyday banking, lending, deposit services, wealth management and capital-markets activities. The company serves customers in Canada and the United States through branches, digital platforms and specialised business units. Bank of…

The ECB sent a clear message yesterday: a December hike is likely. That is providing a more supportive backdrop for the euro ahead of today’s 3Q release. Meanwhile, resurgent AI-related jitters and the upcoming US midterms are increasing downside risks for the dollar, in our view, although a still-hawkish argues against major corrections USD: Midterm Positioning May Start to Kick In Fresh pressure on tech stocks has triggered some safe-haven buying in US Treasuries and weighed on the dollar as the front end followed lower. Moves are contained in both equities and FX, but it’s a reminder that the greenback…

The week that wasThe US Dollar (USD) managed to regain some composure, ending the week with acceptable gains after surrendering some ground following earlier two-week highs.Indeed, the US Dollar Index (DXY), at some point in the last few days, popped to as high as the 102.50 zone, just to lose some momentum soon afterwards despite keeping its weekly bullish mood well in place.Despite inflation and GDP data banging on markets’ consensus, the Greenback seems to have run out of steam in the wake of the hawkish hold by the Federal Reserve (Fed) on Wednesday. Indeed, everybody knew the tone would…

The Pound-Canadian Dollar rate could extend its rebound if Canadian growth disappoints, while softer oil prices may keep the Loonie under pressure. The Pound Canadian Dollar (GBP/CAD) exchange rate recovered from a four-month low on Thursday as easing oil prices pressured the ‘Loonie’. At the time of writing, GBP/CAD was trading at CA$1.8693, up 0.2% on the day. Latest — Exchange Rates: Pound to Canadian Dollar (GBP/CAD): 1.871239 (+0.39%) Euro to Canadian Dollar (EUR/CAD): 1.562904 (+0.16%) Dollar to Canadian Dollar (USD/CAD): 1.39864 (0.00%) DAILY RECAP: The Canadian Dollar (CAD) retreated on Thursday, trimming Wednesday’s gains, as falling oil prices pressured…