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Monex1 3 September 2025

The Snapback Mechanism and Iranian Bank Accounts in Canada: Reality or Misconception?

In recent days, many Iranian-Canadians have expressed concern about their bank accounts being closed or frozen. Some even connect this issue to the so-called “snapback mechanism.” But is there really…

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Monex1 20 August 2025

Canadian dollar expected to lose ground in global markets, says expert

A foreign exchange strategist issued a bearish outlook for the Canadian dollar on Monday, projecting the loonie could slip toward 70 cents against the U.S. dollar as other major currencies…

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Monex1 16 July 2025

Economists say Canada’s housing market stayed flat in June

Canada’s housing market showed signs of renewed activity in June, with home sales increasing for a second consecutive month. However, economists remain cautious about declaring a full recovery. According to…

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Monex1 9 July 2025

Tariff Delay by Trump Signals Strain as World Pushes Back

The Trump White House had ambitiously pledged to secure “90 deals in 90 days” following a partial pause in implementing what President Trump referred to as “reciprocal” tariffs. However, in…

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Monex1 2 July 2025

HSBC Raises Gold Price Forecast for 2025 and 2026

HSBC has revised its average gold price forecasts upward for the next two years, attributing the change to increased geopolitical tensions and robust investor demand for the metal, according to…

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Monex1 18 June 2025

Gold loses ground as investors monitor Fed meeting and Mideast conflict

June 16 (Reuters) – Gold fell more than 1% on Monday as investors locked in profits following an earlier rally to an eight-week high. Market attention shifted to escalating Israel-Iran tensions…

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Monex1 18 June 2025

Crude closes higher amid ongoing Iran-Israel tensions

NEW YORK, June 18 (Reuters) – Oil prices ended higher on Wednesday after a turbulent trading session, as investors assessed the risk of supply disruptions stemming from the ongoing Iran-Israel conflict…

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Monex1 4 June 2025

The Bank of Canada maintains its interest rate at 2.75% due to ‘unusual uncertainty’

For the second consecutive month, the Bank of Canada is keeping the overnight interest rate at 2.75%, with Governor Tiff Macklem citing significant uncertainty surrounding the outcomes of trade negotiations.…

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Monex1 21 May 2025

Canadian dollar hits nearly 2-week high on reduced rate cut bets

The Canadian dollar climbed to its highest level in nearly two weeks against the U.S. dollar on Wednesday, buoyed by broad weakness in the greenback and a reduced likelihood that…

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Monex1 25 April 2025

Gold Slips 2% Amid Easing US-China Trade Tensions and Stronger Dollar

April 25 (Reuters) — Gold prices dropped 2% on Friday and were set for a weekly loss, pressured by a stronger dollar and signs of easing U.S.-China trade tensions. A…

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Recent Posts

  • Gold Falls Below $4,300 as Interest Rate Fears Take Center Stage
  • Canadian Dollar Gains Momentum as U.S. Dollar Weakens
  • Inflation Heats Up Again as Markets Rethink the Fed’s Next Move
  • Wall Street Hits New Highs as AI Boom Continues to Drive Markets
  • Stock Markets Rally as Hopes Rise for Iran Conflict De-escalation

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