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Finance & Markets

Canadian Dollar strengthens despite easing oil pressure

USD/CAD loses ground for the third consecutive day, trading around 1.3970 during Asian hours on Friday. The pair depreciates despite renewed Middle East diplomatic efforts easing pressure on oil markets, placing downward pressure on the commodity-linked Canadian Dollar (CAD).

Canadian Dollar strengthens despite easing oil pressure

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Booking vs. Coupang: Which Stock Is the Better Buy in November?

Booking trades at 14.6x forward P/E while the other sits at 0.7x price-to-sales.

  • Booking reports $28B TTM revenue, 13% YoY growth, 25% net margin
  • Coupang reports $35B TTM revenue, 10% YoY growth, $767M net loss
  • Coupang trades at 0.7x price-to-sales, recovering from data breach

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