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Forex News

Monday November 20, 2023

Argentina: Steve Hanke says many arguments against dollarization are 'absolute rubbish'

Steve Hanke, professor of applied economics at John Hopkins University, discusses the possible implications that libertarian Javier Milei's victory in Argentina's presidential runoff contest may have for the peso.

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.

Markets & Economics

Thursday December 07, 2023

China's economy has a 'steep hill to climb' despite positive export surprise, HSBC says

The Chinese economy still has a "steep hill to climb" despite a surprise pickup ...

Wednesday December 06, 2023

Bank of England warns that higher rates 'have yet to come through' to an already weak economy

The Bank of England warned on Wednesday warned that although household finances ...

Wednesday December 06, 2023

Private payrolls increased by 103,000 in November, below expectations, ADP says

Private sector job creation slowed further in November and wages showed their sm...

Wednesday December 06, 2023

U.S. consumers will soon wake up to ‘out of control’ interest on their credit cards, economist says

Real incomes are not rising enough to cover the increase in debt burdens, accord...

Canadian Business

Thursday - Dec 07, 2023

Expect some food prices to get cheaper next year ...

A shopper at a produce counter in St. Lawrence Market in Toronto, Ontario, Canada, on Tuesday, Jan. 17, 2023.

Savvy shoppers should be able to find a few bargains at the grocery store next year, but even with prices for some essentials falling the typical Canadian family's overall grocery bill is set to increase by about $700 to more than $16,000 in 2024.

Wednesday - Dec 06, 2023

As expected, Bank of Canada holds interest rate st...

Tiff Macklem

The Bank of Canada decided to keep its benchmark interest rate steady at five per cent.

Wednesday - Dec 06, 2023

'It scared the hell out of me,' says lead plaintif...

A person in a green T-shirt with their black hair in a ponytail uses a touchscreen TV.

Genetic testing company 23andMe, which is the subject of a proposed class-action lawsuit in Canada, says a data breach may have affected millions more customers than initially believed. The B.C. man who is the lead plaintiff says the company didn't do enough to protect customers.

Tuesday - Dec 05, 2023

RBC handed $7.4M penalty from financial intelligen...

A woman walks in front of an RBC sign in downtown Toronto.

Canada's financial intelligence agency has levied a $7.4-million penalty against the Royal Bank of Canada for non-compliance with anti-money laundering and terrorist financing measures.

Tuesday - Dec 05, 2023

Shoppers discover boxes of Cheerios, bags of Lobla...

Paul Jay of Ottawa holds up two boxes of multigrain Cheerios.

Recently, shoppers uncovered both Cheerios boxes and Loblaws-brand chips that weighed far less than what was printed on the package. Find out what happened when CBC News investigated.

Tuesday - Dec 05, 2023

Products returned to Amazon found at Toronto liqui...

A person walks on the sidewalk in front of a store.

CBC Toronto observed the personal information of three dozen people visible on shipping labels on display at a Toronto liquidation retailer that sells returned and overstocked items from Amazon and other online retailers. Now those customers are at risk of identity theft, a privacy expert says.