USD / CAD – Canadian dollar retreating

– S&P500 futures point to positive day on Wall Street – Gold prices flirt with $3500.00 – US dollar grinding out gains. USDCAD: open 1.3839, range Fri.-Mon. 1.3793-1.3847, close 1.3842, WTI 63.51, Gold 3455.13 The Canadian dollar is giving back yesterday’s gains as traders book some profits. The rally is entirely a US dollar story…

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Baystreet.ca – Stocks In Play

4/22/2025 – 10:17 AM EST – NOVAGOLD Resources Inc. : Announced that Barrick Gold has reached an agreement to sell the 50-percent interest in the Donlin Gold Project in Alaska held by Barrick’s subsidiary Barrick Gold U.S. Inc. to affiliates of Paulson Advisers LLC and NOVAGOLD Resources Inc. for $1 billion in cash….

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Trump Tension Weighs on Equities

Stocks on both sides of the border suffered the fallout from U.S. President Donald Trump’s scathing denunciation of his chief banker. The lack of confidence exhibited by the White House shook markets in both countries. The TSX Composite Index came off its lows of the day Monday, but still finished negative 183.95…

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Dow Tumbles 950 as Trump Rips Powell

Advertisment Stocks fell again on Monday as President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, raising questions about the central bank’s independence, while traders received little signs of progress on global trade talks. The Dow Jones Industrials collapsed 971.82 points, or 2.5%, to 38,170.41. The S&P…

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USD / CAD – Canadian dollar soaring

– Trump’s threat to fire Powell tanks greenback. – China Leaves benchmark rates unchanged – US dives across the board. USDCAD: open 1.3797, overnight range 1.3781-1.3851, close 1.3848, WTI 62.14 Gold 3394.83. The Canadian dollar soared in extremely thin overnight trading as most of the major trading centers were closed for Easter Monday. Those closures…

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TSX Improves on Trade Talks

Energy stocks led Canada’s main stock index higher at open on Thursday, as investors took stock of U.S.-Japan trade negotiations, although sentiment remained fragile amid tariff uncertainties. The TSX Composite Index gained 107.72 points to begin the last day of a short week at 24,214.51. The Canadian dollar dipped 0.02 cents…

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Why the 3% Stock Sell-off Is Just a Start

This past week, stock markets continued with the previous week’s rebound. By mid-week, the rally ended abruptly. The U.S. government said that Nvidia (NVDA) may not sell H20 graphics chips to China. NVDA stock fell by up to around 10% before closing down by 6.87% to $104.49. Macroeconomic conditions are also worsening. China…

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