Forex news and forex forecasts

11/02/2026 23:09

Canada: TSX Falls From Record High.

The S&P TSX Composite slipped 0.1% to below 33,250 on Wednesday afternoon, retreating from record territory as a sharp earnings driven selloff in technology outweighed strength in energy and materials. Shopify tumbled over 8%, extending recent losses as investors remained wary of growth prospects and despite upbeat Q1 results, while Constellation Software dropped more 4.5% and CGI fell around 6%. Financials also lost ground, with RBC down 1.2%, TD off 0.8% and BMO shedding 1.3%. In contrast, commodity linked shares provided support as oil recovered above $65 per barrel and gold surged toward $5,100 per ounce. Canadian Natural Resources climbed 3.8%, Suncor gained 2.5% and Cenovus rose 3.3%, while gold miners including Agnico Eagle, Barrick and Wheaton Precious Metals advanced between 1% and 3%.