Judith Coxe

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Here's a twist: Buy the Canadian dollar now, global bank tells investors

A big global bank is advising investors to buy the loonie now, projecting a rebound in the Canadian economy that will help drive the currency higher.<p>Indeed, Charles St-Arnaud of Nomura Securities, part of the Japan-based financial group, expects the Canadian dollar to top 78 cents (U.S.) in the …

Gold Prices to Drop Further on Stronger Dollar and US Policy Move

Gold could drop to $1,200 next week.<p>Gold prices are set to drop next week as the prospects of a stronger US dollar and faster-than-expected …

Economics

Yellen expects rate hike this year 'unless the economy surprises us'

Federal ReserveChairwomanJanet L. Yellensaid she expected the central bank to raise a key interest rate this year "unless the economy surprises us."<p>Speaking publicly for the first time since the Fed opted to hold the rate steady last week, Yellen said Thursday that "considerable uncertainties" …

Economics

Pluto has mysterious 'dragon scales' in new photos

Pluto has a scaly surface.<p>A newly released image of the dwarf planet from the New Horizons spacecraft shows part of its surface has a strange …