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Forex News

Thursday September 21, 2023

US dollar has a 'powerful set of fundamentals', says Nomura

Andrew Ticehurst of Nomura expects U.S. dollar strength to remain in the near term, and believes intervention risk is growing for the Japanese yen as it weakens against the USD.

Thursday August 31, 2023

Goldman Sachs strategist does not believe Chinese equity markets are 'uninvestable'

Caesar Maasry, Head of EM Cross-Asset Strategy at Goldman Sachs discusses how investors should find the opportunities in the Chinese equity markets.

Tuesday August 29, 2023

Strategist explains what's behind the U.S. dollar's strength

Heng Koon How, head of markets strategy at UOB, says foreign exchange market moves in the past month have been mostly driven by interest rate differentials.

Friday August 25, 2023

De-dollarization still a long way off, Indian minister says after BRICS talk of a common currency

Despite trades in the oil markets done in the yuan and rupee, the U.S. dollar will still remain the mainstay of oil trades.

Markets & Economics

Wednesday October 04, 2023

Private payrolls rose 89,000 in September, far below expectations, ADP says

The total was down from an upwardly revised 180,000 in August and below the 160,...

Friday September 29, 2023

The Fed's favorite inflation indicator rose less than expected in August

The personal consumption expenditures (PCE) price index excluding food and energ...

Monday October 02, 2023

U.S. Latino economic output grows to $3.2 trillion, according to new study

If Latinos were an independent country their GDP would rank fifth in the world, ...

Wednesday September 27, 2023

The U.S. is weaker now than when we downgraded in 2011, former S&P ratings chairman says

The U.S. is in a weaker position now than when S&P downgraded its sovereign cred...

Canadian Business

Wednesday - Oct 04, 2023

WestJet suspends flights between Toronto and Montr...

Planes on tarmac in foreground, Westjet plane taking off. Airport building in background.

WestJet is temporarily suspending flights between Canada's two biggest cities this winter, but plans to resume service between Toronto and Montreal next spring.

Wednesday - Oct 04, 2023

Year of strikes continues as 75,000 Kaiser Permane...

Kaiser Permanente workers walk the picket line.

The largest ever strike in the U.S. health care sector is set to start on Wednesday as 75,000 workers at Kaiser Permanente in a handful of states walk off the job demanding better wages.

Tuesday - Oct 03, 2023

CN Rail's network restored after failure halted To...

A GO Transit train at Union Station in Toronto.

Tens of thousands of commuters in Ontario who use GO Transit faced cancellations or long delays Tuesday because of CN Rail's "network-wide system failure," which the company said was later restored.

Tuesday - Oct 03, 2023

Constant price hikes are making inflation worse, B...

A woman sticks a price tag on a display of eggs

Bank of Canada deputy governor Nicolas Vincent says businesses raising their prices more frequently than they did before the pandemic is contributing to higher-than-expected inflation.

Tuesday - Oct 03, 2023

TSX slumps to lowest level in more than a year as ...

Two male figures walk past a TSX sign in downtown Toronto

The Toronto Stock Exchange's main stock index has given up all of its gains for 2023, as investors head for the exits as the realization that high interest rates are going to stick around settles in.

Monday - Oct 02, 2023

CRTC registration for podcasts and streaming compa...

Hand holding a TV remote while watching shows on a streaming service on TV.

Canada's broadcasting regulator is obligating online streamers and podcast companies to provide registration information to them. But the new requirements are also inviting speculation that heavier regulation of content from online streamers and podcast companies is coming.