Forex News
Analyst explains why the Australian Dollar is his top currency trade for 2024
David Forrester of Credit Agricole shares his outlook for major currencies and central bank expectations for this year.
The dollar is 'between two forces,' Deutsche Bank says
Stefanie Holtze-Jen, Deutsche Bank Private Bank's chief investment officer for Asia-Pacific, discusses how interest rate cuts from the U.S. Federal Reserve and the "two hot wars" might affect the currency.
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.
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.
Markets & Economics
Former Fed Vice Chair Clarida sees possibility of fewer rate cuts than expected this year
Clarida said his former colleagues need to be on guard against sticky prices tha...
Falling fertility rates pose major challenges for the global economy, report finds
Falling fertility rates are set to spark a transformational demographic shift, w...
Switzerland becomes first major economy to cut interest rates in surprise move
The Swiss National Bank surprised the market with a decision to lower its main p...
European Central Bank’s Lagarde signals June cut but says future rate path uncertain
"By June we will have a new set of projections that will confirm whether the inf...
Canadian Business
A settlement in a U.S. lawsuit could upend the cor...
A landmark deal in the U.S. may lead to enormous changes in how real estate agents are paid. In Canada, two lawsuits filed against various real estate bodies want the courts to come to the same conclusion and force wholesale change in the way Realtors charge their fees.
Canadian economy starts the year on a rebound with...
The Canadian economy grew 0.6 per cent in January, the fastest growth rate in a year, while the economy likely expanded 0.4 per cent in February, Statistics Canada said Thursday.
From chocolate to home insurance, climate change i...
Extreme weather events such as droughts or wildfires are not only causing localized damage but are affecting crop yields, supply chains and the durability of housing, all of which is making life more expensive.
Unexplained wealth order filed against crypto scam...
B.C.'s director of civil forfeiture has filed an unexplained wealth order in an attempt to seize cash, gold bars, luxury watches and jewelry in a safety deposit box belonging to the co-founder of a notorious B.C.-based cryptocurrency exchange scam.
Apartment construction surged last year but demand...
A surge in new apartment construction drove housing start increases in several major Canadian cities last year, but demand continues to outweigh supply, according to a report released Wednesday by the federal housing agency.
Chocolate prices have tripled. What does that mean...
Cocoa prices have tripled in the last 12 months due to the spread of disease among crops in West Africa, where more than 70 per cent of the global cocoa supply is produced. The resulting cocoa crisis has put pressure on chocolate makers who, during the typically busy Easter holiday, are trying to sustain business — and sweet-toothed customers who are trying to curb spending.