Impact on CAD (Canadian dollar) of Trudeau Resignation – Orbex Forex Trading Blog

Ellington Credit Company (ECC) CEO Larry Penn outlined the company’s strategic shift towards collateralized loan obligations (CLOs) during the 2024 second-quarter earnings call. The company, which is transitioning into a CLO-focused closed-end fund, reported a net loss of $0.04 per share for the quarter. Despite the loss, the growth in the CLO portfolio, now at…

Los Angeles, CA, July 14, 2025 (GLOBE NEWSWIRE) — Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced the promotion of Kyle Beilman to Chief Financial Officer and Chief Operating Officer, effective as of July 11, 2025. Since joining Dave, Kyle has played a pivotal role in driving…

As expected, the Federal Reserve yesterday cut the Federal Funds Rate from 4.25% to 4.00%, while Jerome Powell’s remarks reduced the likelihood of further rate cuts. Meanwhile, decisions by other key central banks are also influencing the currency markets, according to Forex Factory: → The Bank of Canada lowered its policy rate from 2.50% to…

The GBP/USD pair is currently trading around 1.2447 on Wednesday as investors adopt a cautious approach, anticipating important economic data from the UK later in the week. Several factors are impacting GBP/USD. Earlier in the week, the British pound came under pressure following a shift to a more dovish tone from Bank of England (BoE)…

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Will U.S. dollar bears make a comeback as Uncle Sam rolls out its latest inflation updates? Our Event Guide for the U.S. CPI report points to modest consumer price gains in December, a result that would support expectations for gradual Fed rate cuts. But what if this week’s numbers come in softer and…