signal

Canadian dollar steadies as investors cheer U.S. Federal Reserve’s dovish signal

by
Canadian dollar steadies as investors cheer U.S. Federal Reserve’s dovish signal

The Canadian dollar CADUSD was little changed against its broadly weaker US counterpart on Thursday as lower oil prices offset a dovish signal on the pace of interest rate hikes from the US Federal Reserve. World shares touched a two-month high and the US dollar swooped towards a three-month low against a basket of major … Read more

The most oversold and overbought stocks on the TSX

by
The most oversold and overbought stocks on the TSX

The S&P/TSX Composite eased lower by 0.3 per cent for the trading week ending with Friday’s close and sits 6.0 per cent lower for the year. The benchmark’s Relative Strength Index (RSI) of 59 leaves it in the upper reaches of the neutral technical range, far closer to the overbought sell signal of 70 than … Read more