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
Risk of a global recession is minimal, IMF economist says — would take 'a lot to derail'
The Washington DC-based institute this week nudged its global growth outlook sli...
High company valuations a 'worry,' IMF's capital markets chief says
High corporate valuations could pose a significant risk to financial stability a...
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Economists polled by Reuters expected a reading of 3.1%, down from 3.4% in Febru...
IMF upgrades global growth forecast as economy proves 'surprisingly resilient' despite downside risks
The IMF on Tuesday raised its global growth forecast slightly, saying the econom...
Canadian Business
Capital gains tax change draws ire from some Canad...
Canadian entrepreneurs and investors are blasting the federal government's budget for expanding a tax on the rich that they say will worsen brain drain and further degrade productivity. The government estimates the change will impact 0.13 per cent of Canadians in any given year, and 307,000 Canadian companies.
Google fires 28 employees who protested its cloud ...
Google said on Thursday it has terminated 28 employees after some staff participated in protests against the company's cloud contract with the Israeli government.
For its next trick, Ottawa must unload the $34B Tr...
The federal government bought the project when the proposed pipeline was on the verge of falling apart before there was ever a shovel in the ground in the face of legal, political, and regulatory challenges.
CRA paid out $37M to tax scammers, unsealed affida...
A once-sealed affidavit filed with the Tax Court of Canada and obtained by The Fifth Estate details how alleged scammers tricked the Canada Revenue Agency and made off with $37 million of taxpayers' money.
Will $52.9B in new federal spending make inflation...
Heading into this week’s federal budget, one question loomed large: would new spending fuel inflation and make it harder for the Bank of Canada to start cutting interest rates?
Are you renting with no plans to buy? Here's what ...
The federal government tabled its annual budget on Tuesday with a promise to open the door to homeownership for millennial and Gen Z renters. You’ll have to read the fine print to find measures for young renters who can’t buy a home — or just don’t want to.