Author: Robert Jessi

The week that wasThe US Dollar (USD) has traded in a volatile fashion this week, leaving the US Dollar Index (DXY) slightly positive around the 101.00 neighbourhood.This week’s price action has been mainly influenced by the renewed tensions between the US and Iran and how that affects the Strait of Hormuz, pushing the ongoing concern about possible FX intervention by the Japanese Ministry of Finance (MoF) to the background, while expectations for more interest rate hikes by the Federal Reserve (Fed) have stayed strong.In addition, the publication of the FOMC Minutes was kind of spot on with market expectations, leaving…

From vtmarkets.com | 33 hr ago USD/JPY edged lower on Thursday, with a softer US Dollar supporting the Japanese Yen. The pair traded around 162.45, staying close to 40-year highs, as the market remained sensitive to the risk of Tokyo acting in the foreign exchange market. Prior episodes of suspected support were short-lived, with the currency still weighed down by structural pressures …

The US Dollar to Canadian Dollar (USD/CAD) exchange rate continues to trade near 1.4210, with the Canadian Dollar struggling to recover despite some easing in US-Canada interest-rate differentials.

Sometimes those questions shape our own lives, and other times they shape how we show up for the people around us—how we parent, how we support our spouses, how we lead at work, and how we think about money. I find myself doing this more as I get older, but nowhere more than with my daughter. Find a qualified financial advisor near you Search our directory of credentialled advisors providing financial and investing services across Canada. For me, it is less about questioning the past and more about questioning whether the advice we inherited has kept pace with the world…

Morgan Stanley Names T-Mobile Top Pick Despite Starlink Competition Concerns

A week of revamped Middle East tensions has left the dollar broadly unchanged. Oil prices have come back lower, allowing risk sentiment and high-yielding EM FX to rebound. The risk is clearly that markets are too sanguine, but fading has been the successful strategy so far, and markets understandably remain laser-focused on front-end rate differentials USD: Stuck as Markets Fade Geopolitical Risk Markets are taking a decisively optimistic stance on fresh US-Iran tensions. Multiple reports indicate traffic in Hormuz has dropped to almost zero in the past couple of days, and we have seen effectively no intent of de-escalation from…

DBS economists Radhika Rao and Mo Ji project China’s Gross Domestic Product (GDP) growth to slow from 5.0% year-on-year in Q1 to 4.8% in Q2. They note resilient industrial production and strong export growth driven by AI-related electronics, but highlight weak retail sales, subdued household sentiment, and continued drag from declining property prices and falling fixed asset investment.AI exports offset weak consumption”Economic growth is expected to decelerate from 5.0% yoy in Q1 to 4.8% in Q2, amid uneven domestic momentum.””Industrial production is expected to improve from 4.5% in April to 4.6% in June, amid resilient external demand.””Exports growth should have…

From vtmarkets.com | 21 hr ago USD/JPY edged lower on Thursday, with a softer US Dollar supporting the Japanese Yen. The pair traded around 162.45, staying close to 40-year highs, as the market remained sensitive to the risk of Tokyo acting in the foreign exchange market. Prior episodes of suspected support were short-lived, with the currency still weighed down by structural pressures …

By Glen Hallick, Reporter The Canadian dollar was little changed on Thursday, as crude oil pulled back from yesterday’s hikes. The loonie finished at US$0.7058 or US$1=C$1.4169 compared to Wednesday’s close of US$0.7055 or US$1=C$1.4174. On the U.S. Dollar Index, the greenback shed 0.034 of a point at 100.725. Benchmark crude oil prices stepped back on Thursday afternoon, as reports indicated the military exchanges between the U.S. and Iran will be short-lived. West Texas Intermediate gave up US$1.68 at US$71.84 per barrel, and Brent crude retreated US$1.94 at US$76.08. The TSX Composite Index improved 264.65 points on Thursday, to close…

Oil heads for weekly gain as Middle East supply risks persist