Author: Robert Jessi

Investing.com –The Canadian dollar weakened on Friday after an unexpectedly sharp decline in employment reinforced concerns about the domestic economy and reduced expectations for a Bank of Canada interest-rate hike this month, while falling oil prices added pressure to the commodity-linked currency. Before you buy NVIDIA: our AI model’s stock picks are beating the market by 120%+. See the list now » The U.S. dollar was quoted at around C$1.4280, up 0.37%, in the latest market snapshot available for this update. However, the exact USD/CAD rate at 10:39 a.m. ET could not be independently verified against a timestamped Investing.com quote.…

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD remains supported within the Monetary Authority of Singapore’s policy band, with SGD NEER likely between 1.50% and 1.80% above midpoint, implying a 1.279–1.283 range. Short-term price action shows limited upward momentum, with resistance near 1.2835 and revised strong support at 1.2775. Dollar-Singapore pair stuck in tight band “24-HOUR VIEW: Two days ago, USD rose to 1.2810 and then closed 0.10% higher at 1.2797.” Yesterday, we noted that “the increase in upward momentum is insufficient to suggest a sustained rise.” However, we held the view that “there…

The ban means people living overseas cannot buy residential property. It also extends to foreign companies, as well as Canadian private companies where more than 10% is foreign-owned. It was first introduced by the Justin Trudeau-led government with the remit to help ‘stabilize’ the housing market. While the ban was initially set to last two years, it was extended by an additional two in February 2024. Under Mark Carney’s current tenure as Prime Minister, however, most analysts and economists don’t expect the ban to be extended again in its current form. We’re going to dig into the ban and what…

Idt EVP and corporate secretary Joyce J. Mason reported selling $92,570 of IDT Corp (NYSE:IDT) Class B Common Stock on October 7, 2026.

The yen has reacted to falling US yields, but the euro faces a different problem. Could French government bond yields provide the additional push needed to break ’s downtrend?US 10-year yields stage dramatic 13bp intraday reversal breaks triangle support but lacks follow through French fiscal concerns disrupt euro-yen correlation patterns French bond reversal could help EUR/USD break resistance The US dollar reversed lower overnight, coinciding with similar moves in crude oil futures and benchmark . That saw USD/JPY break its uptrend from the low set in mid-September, hinting a broader trend change may be underway for the big dollar. The…

Commerzbank’s FX team highlights that the People’s Bank of China rejected claims the yuan is undervalued, linking export strength to industrial competitiveness rather than currency manipulation. The central bank will start reporting FX operations to the IMF from 2027, while reserves slipped to USD3.40tn. In FX, USD/CNY fell 30 pips to 6.70, with USD/CNH little changed at 6.70.Policy paper counters undervaluation claims”The People’s Bank of China (PBoC) issued a policy paper rejecting claims that the yuan is undervalued, arguing that China’s export strength reflects industrial competitiveness rather than currency manipulation.””The statement came as EU trade officials opened two days of…

Investing.com –The Canadian dollar weakened on Friday after an unexpectedly sharp decline in employment reinforced concerns about the domestic economy and reduced expectations for a Bank of Canada interest-rate hike this month, while falling oil prices added pressure to the commodity-linked currency. Before you buy NVIDIA: our AI model’s stock picks are beating the market by 120%+. See the list now » The U.S. dollar was quoted at around C$1.4280, up 0.37%, in the latest market snapshot available for this update. However, the exact USD/CAD rate at 10:39 a.m. ET could not be independently verified against a timestamped Investing.com quote.…

Dollar drops may continue to prove short-lived and quite small in size as bond markets remain fragile and the narrative hawkish. French premium isn’t likely to leave the euro very soon, and risks remain of a test of 1.110 in the near term. In Canada, jobs numbers should have improved in September, but an October hike looks premature USD: Upside Risks Persist The dollar lost a bit of ground yesterday as Treasuries took a breather, but we don’t see signs of a broader USD correction brewing. US President Donald Trump has said the US won’t attack Iran before the 3…

A new report suggests nearly one in four Canadians now earn money this way. Many still aren’t sure when their extra income becomes a business with registration and tax obligations. The findings come from Ownr’s 2026 Canadian Side Hustle Report, released October 8. Ownr is an online registration and incorporation platform owned by RBCx, a division of the Royal Bank of Canada. It sells services to people starting businesses. The survey of 1,501 Canadian adults was conducted by Ipsos in early September. Why are Canadians starting side hustles? According to the report, 23% of Canadians currently earn income from a…

Form 4 GlobalFoundries Inc For: 9 October