Author: Robert Jessi

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 226th consecutive day on Tuesday. The PKR closed at 277.52 after gaining three paisas against the US Dollar today. The rupee has consistently reported gains against the dollar since December 25, 2025. Other Currencies PKR was stable against the UAE Dirham (AED) and gained one paisa against the Saudi Riyal (SAR). Meanwhile, it lost 15 paisas against the British Pound (GBP) but gained 10 paisas against the Euro (EUR). Currency 20-Aug 2026 21-Aug 2026 24-Aug 2026 25-Aug 20266 Change +/– USD 277.5713 277.5604 277.5515 277.5228 0.0287…

Michael Wan at MUFG discusses US threats of economic punishment on countries dealing with Iran and new sanctions on over 60 entities. He argues that rising geoeconomic fragmentation encourages countries to diversify reserves, trade and financial links away from reliance on any single system, including the Dollar-based one. Wan also references ongoing US–Canada trade tensions and perceived uncertainty around US trade agreements.Geoeconomic fragmentation and reserve shifts”US 10-year yields fell a touch to 4.69% as news reports emerged that the US Treasury could use the Treasury General Account – essentially the US Treasury’s “savings account” at the Fed – for buyback…

Why is Madison Air Solutions stock rallying today?

USD The dollar began the week on the front foot, with the closing around 99.0, up roughly 0.2%, as Treasury Secretary Bessent unveiled “Operation Economic Outcast”, a broadened secondary sanctions campaign against Iran. The announcement spurred modest haven demand, though we think the muted scale of the rally is telling after the Treasury’s decision to double long-dated bond buybacks revived a debasement theme last week. Sanctions news aside, today’s calendar is light, with just the Richmond Fed index, house prices, and weekly ADP figures due. Attention instead falls on tomorrow’s PCE and second-reading GDP data, and above all Chair Warsh’s…

The Euro (EUR) remains practically flat against the  US Dollar (USD) on Tuesday, trading above 1.1650, at a relatively short distance from the three-month highs, at 1.1710 hit last week. The EUR/USD pair keeps drawing support from a soft US Dollar, which remains depressed, amid concerns about the Federal Reserve’s (Fed) independence in the aftermath of the US Treasury’s bond buyback plans.In the Eurozone, German data released on Tuesday has been supportive, although investors are wary of placing large directional bets on the US Dollar, awaiting the US PCE Price Index release, due on Wednesday, but, above all, the Fed…

EUR/CAD extends its gains for the second consecutive day, trading around 1.6160 during the European hours on Tuesday. The currency cross remains stronger as the Euro (EUR) holds gains following the release of the German IFO business sentiment index data.The Business Climate Index improved in August, rising to 88.8 from a revised 86.7 in July, outpacing market estimates of 87.2. Sub-indexes also demonstrated strength: the Current Assessment Index rose to 88.5, beating expectations of 87.0 and the prior 86.5 reading, while the Expectations Index jumped to 89.1, comfortably topping both July’s revised 86.8 figure and the forecast of 87.5.Euro strength…

is trading at 1.1682, up 0.02% against Friday’s close and holding the highest level the pair has reached in three months. The euro touched 1.16945 late last week and has spent Monday’s session grinding between 1.1670 and 1.1690, with the dollar unable to mount a recovery on any timeframe that matters. The monthly arithmetic is one-directional. EUR/USD has strengthened 2.76% over the past thirty days and is up 1.15% so far in August after gaining 1.02% in July. Over twelve months the pair is higher by 0.58%. Against the recent low of 1.1355 printed on June 24, the euro has…

What is a HISA? A high-interest savings account (HISA) is a deposit account that pays a premium interest rate,  higher than a typical savings account. The interest rates on HISAs range from 1.50% to 4.00% depending on the bank or financial institution. Rates on regular savings accounts are typically less than 1%. For example, TD’s Every Day Savings Account, RBC’s Day to Day Savings Account, and Scotiabank’s Money Master Savings Account all have an interest rate of 0.01%. For the above RBC account, the rate drops to 0.005% if your balance is under $1,000. Digital banks like EQ Bank offer a…

+99%, +85%, +45%: These AI-picked high-conviction value stocks keep climbing

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a downside bias on USD/CNH after the pair dipped to 6.7180 and closed near 6.7210. Intraday, they expect any further weakness to be limited within 6.7150–6.7240 and not to break clearly below 6.7150, but on a 1–3 week view they warn that a sustained move under 6.7200 would open 6.7000.Downside bias with key trigger level”24-HOUR VIEW: While we highlighted last Friday that “there is a chance for USD to dip below 6.7200”, we pointed out that “given the oversold conditions, any decline should stay within a 6.7180/6.7280 range.”…