logo
#

Latest news with #USNotes

USDollar Index Could Stay In The Downtrend
USDollar Index Could Stay In The Downtrend

Globe and Mail

time26-03-2025

  • Business
  • Globe and Mail

USDollar Index Could Stay In The Downtrend

Hello traders! We talked about bearish USdollar Index already back on March 05, when we mentioned and highlighted that much more weakness is coming due to a recovery on 10Y US Notes. CLICK HERE USDollar is weak, and it may stay so for a while as USDollar Index is in an impulsive decline, so it could easily stay in the downtrend, especially if we take a look at the ratio charts of USDollar Index against 10Y US Notes (DXY/ZN) and SP500 (DXY/SPX). DXY/ZN (USDollar Index against 10Y US Notes) ratio chart shows an ongoing five-wave bearish impulse with room for more weakness within subwave 'v' of 3 after current subwave 'iv' pullback, which can keep USDollar under bearish pressure. On the other hand, DXY/SPX (USDollar Index against SP500) ratio chart shows a sideways consolidation due to weak stocks in the last couple of weeks, but it can be forming a bearish ABCDE triangle pattern, where we are observing a three-wave abc decline within wave D. And, while subwave 'c' of D has space for more weakness, it means that USdollar can stay down even against weak stocks. All that being said, seems like USdollar will stay one of the weakest currencies, and USdollar Index should see a bearish continuation after current recovery. For a detailed view and more analysis like this, you may want to watch below our latest recording of a live webinar streamed on March 25 2025:

Ratio Chart Of U.S. Dollar Index Against 10Y U.S. Notes Is Pointing Much Lower
Ratio Chart Of U.S. Dollar Index Against 10Y U.S. Notes Is Pointing Much Lower

Globe and Mail

time05-03-2025

  • Business
  • Globe and Mail

Ratio Chart Of U.S. Dollar Index Against 10Y U.S. Notes Is Pointing Much Lower

10Y US Notes is in the recovery mode, while US yields are turning lower and that's why we see USdollar Index - DXY with a bearish price action and there's room for more weakness if we take a look at DXY/ZN Ratio Chart (USDollar Index against 10Y US Notes). As you can see below, DXY/ZN Ratio Chart is making a larger (A)(B)(C) zig-zag correction and after recent three-wave ABC corrective recovery in wave (B), it's now in free fall for wave (C) that can drop the price all the way back to 2023 lows, so USDollar and US yields could easily stay under bearish pressure, while 10Y US Notes can stay on the rise. For a detailed view and more analysis like this, you may want to watch below our latest recording of a live webinar streamed on March 03 2025:

Rogers Communications Inc. Announces Pricing of Public Offering of US$2.1 billion Fixed-to-Fixed Rate Subordinated Notes and Canadian Private Placement of Cdn$1.0 billion Fixed-to-Fixed Rate Subordinated Notes
Rogers Communications Inc. Announces Pricing of Public Offering of US$2.1 billion Fixed-to-Fixed Rate Subordinated Notes and Canadian Private Placement of Cdn$1.0 billion Fixed-to-Fixed Rate Subordinated Notes

Yahoo

time11-02-2025

  • Business
  • Yahoo

Rogers Communications Inc. Announces Pricing of Public Offering of US$2.1 billion Fixed-to-Fixed Rate Subordinated Notes and Canadian Private Placement of Cdn$1.0 billion Fixed-to-Fixed Rate Subordinated Notes

TORONTO, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) ('RCI') announced today that it has priced: a U.S. public offering of two series of US dollar denominated fixed-to-fixed rate subordinated notes with an aggregate principal amount of US$2.1 billion, consisting of US$1.1 billion of 7.0% fixed-to-fixed rate subordinated notes due 2055 and US$1.0 billion of 7.125% fixed-to-fixed rate subordinated notes due 2055 (collectively the 'US Notes'), and a Canadian private placement of $1.0 billion of 5.625% fixed-to-fixed rate subordinated notes due 2055 (the 'Cdn Notes' and, together with the US Notes, the 'Notes'). The net proceeds from the issuance of the US Notes and the issuance of the Cdn Notes will be approximately US$2.07 billion and $989 million, respectively. RCI expects to use the net proceeds from both offerings to repay certain of our outstanding indebtedness and/or fund a portion of the purchase price for RCI's pending acquisition of BCE Inc.'s indirect ownership stake in Maple Leaf Sports & Entertainment Inc. The offering of the US Notes and the offering of the Cdn Notes are each expected to close on February 12, 2025. The US Notes will be issued pursuant to a prospectus supplement and accompanying prospectus filed with the U.S. Securities and Exchange Commission ('SEC') as part of an effective shelf registration statement on Form F-10. These documents are available at no charge by visiting EDGAR on the SEC website at A copy of the prospectus and prospectus supplement relating to the offering of the US Notes may also be obtained from RCI by contacting Investor Relations as described below. The US Notes are not being offered in Canada or to any resident of Canada. The Cdn Notes will not be registered under the Securities Act of 1933, as amended (the 'Securities Act'), or any state securities laws in the United States and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and applicable state securities laws. The Cdn Notes were offered exclusively to persons resident in a Canadian province, through a syndicate of agents on a private placement basis. The Cdn Notes will not be sold to investors outside of Canada. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Rogers Communications Inc.:Rogers is Canada's leading communications and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit or Caution Concerning Forward-Looking StatementsThis press release may include 'forward‐looking information' and 'forward-looking statements' within the meaning of applicable securities laws (collectively, 'forward-looking information'). RCI cautions that forward‐looking information is inherently subject to change and uncertainty and that actual results may differ materially from those expressed or implied by the forward-looking information. A comprehensive discussion of risks associated with forward-looking information can be found in RCI's public reports and filings, including the risks outlined in the section entitled 'Risks and Uncertainties Affecting our Business' in its management's discussion and analysis of its audited consolidated financial statements as at and for the year ended December 31, 2023, and in the section entitled 'Updates to Risks and Uncertainties Affecting our Business' in its management's discussion and analysis of its unaudited interim condensed consolidated financial statements as at and for the three and nine months ended September 30, 2024, which are available under its profile at and are also available at and in the section entitled 'Risk Factors' in the prospectus. RCI is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking information, whether as a result of new information, future events, or otherwise. For further information:Investor Relations 1-844-801-4792

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store