Author name: Magnolia

Deaglo has launched the FX Assistant, the first AI-driven tool designed to help financial professionals optimize FX risk management. This cutting-edge solution delivers real-time insights, scenario analysis, and predictive modeling, empowering businesses to make smarter currency decisions. Ashley Groves, CEO of Deaglo, shares:“For the past four years, Deaglo has served as a crucial bridge between […]

Nvidia Corp. has reported strong financial results for the fourth quarter of fiscal year 2025, driven by robust demand for its new Blackwell AI chips. The company achieved a record quarterly revenue of $39.3 billion, a 78% increase from the previous year, with $11 billion attributed to Blackwell sales—the fastest product ramp in Nvidia’s history.

As of February 2025, the Canadian housing market faces increased uncertainty due to potential U.S. tariffs on Canadian imports. While lower interest rates and recent changes to mortgage rules have improved borrowing conditions, the looming threat of a trade war introduces significant economic unpredictability. BlueShore Financial advisor Justin Prasad notes that the situation has become

Lawyers from Robins Appleby recently gave comments on Canadian Lawyer regarding the federal criminal interest rate. As of January 1, 2025, the Canadian federal government has lowered the criminal interest rate from an effective annual rate (EAR) of 60% (approximately 48% annual percentage rate, APR) to 35% APR, aiming to curb predatory lending practices. Despite

FinTech company Deaglo has announced that its foreign exchange (FX) platform is now available as a white-label solution for financial institutions. This AI-powered platform integrates real-time data to optimize FX risk management and hedging strategies, enhancing decision-making and reducing costs. According to CEO Ashley Groves, the platform was developed to address inefficiencies in how financial

Justin Prasad, a financial advisor at BlueShore Financial, told Canadian Mortgage Professional that political uncertainty is affecting consumer confidence, similar to what happened during Trump’s 2016 election. While the spring housing market is expected to improve compared to 2024, it may still be sluggish, especially for apartments and townhouses. Prasad noted that the choice between

Claudio Chisani, portfolio manager of BlueShore Financial, highlights the long-term growth potential in the uranium market. With global shifts towards cleaner energy sources and the increased adoption of nuclear energy as a sustainable power solution, uranium demand is set to rise. Chisani notes that countries are ramping up investments in nuclear infrastructure, which bodes well for

Monex Canada has launched the FX Portfolio Analysis Report (FX P.A.R.) solution. This unique tool offers a portfolio-based approach to present key metrics in a clear, visual format, enabling faster decision-making for clients managing hedging programs. In response to the increasing risks of foreign exchange transactions, FX P.A.R. provides CFOs and Treasurers with detailed, accurate reporting

Despite widespread Canadian pessimism about economic prospects, the coming year is expected to bring moderate recovery. While 60% of Canadians predict economic weakening due to rising living costs and potential U.S. tariffs, forecasts suggest Canada’s economy will strengthen, outpacing many G7 countries. Key to this recovery is anticipated interest rate cuts by the Bank of