Author: Robert Jessi

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Cheif finance content and platform manager.

OCBC strategists Christopher Wong and Sim Moh Siong describe South Korean Won’s (KRW) initial strength and subsequent retracement as broader risk aversion resurfaced. The Bank of Korea’s decision to hold rates at 3% while retaining a tightening bias and calling KRW undervalued is seen as supportive. They expect further KRW recovery but prefer buying on dips, citing unsettled global technology sentiment and Oil prices as key risks.BOK support but risk sentiment key”KRW initially strengthened but subsequently pared gains overnight amid broader risk aversion. The BoK’s policy guidance had provided some support.””While the decision to hold rates at 3% was widely…

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Investing.com — The Canadian dollar held near a one-month high against its U.S. counterpart on Friday, extending a rally supported by rising oil prices and shifting expectations for interest rates in Canada. The U.S. dollar was trading around C$1.4000 in early trading, although the exact exchange rate at 8:10 a.m. ET could not be independently verified. A decline in the USD/CAD pair indicates a stronger Canadian dollar. Oil prices have provided support for the loonie, as Canada is a major energy exporter and higher crude prices can improve the country’s export revenues. However, fluctuations in global energy markets and geopolitical…

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Investing.com — The Canadian dollar strengthened on Thursday as rising crude prices and expectations of a Bank of Canada interest rate increase next week supported the currency, with the U.S. dollar extending its decline against the loonie for a sixth consecutive session. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month’s list » The U.S. dollar was trading around C$1.4025 in early European trading, its lowest level since September 21. That put the Canadian dollar at approximately 71.30 U.S. cents. The exchange rate was an…

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With many borrowers now renewing at rates above what they previously locked in, mortgage professionals say the worst move is signing whatever arrives in the mail. The best results come from starting early, shopping around, and comparing more than the headline rate. Kola Ifabumuyi, a certified mortgage planner with Mortgage Architects, suggests starting about four months out from your renewal date, or earlier for self-employed borrowers or anyone whose income has changed. Mortgage renewal advice: Gathering documents for a better rate He advises homeowners to gather their mortgage statement and renewal offer, check how many years remain on the amortization,…

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The Mexican Peso (MXN) appreciates about 0.30% on Friday against the US Dollar (USD), but it remains poised to end the week with losses of more than 1% even as risk appetite soured amid a potential escalation of the Middle East conflict. The USD/MXN pair trades at 18.66 after hitting 18.80.USD/MXN retreats as resilient Mexican economic activity offsets geopolitical uncertainty ahead of Fed decisionThe US-Iran conflict continues to escalate as US President Donald Trump said that “we may do another operation against Iran.” Meanwhile, the Islamic Revolutionary Guard Corps (IRGC) is attacking vessels using “illegal routes” in the Strait of…

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is trading at 157.35, down 0.81 yen, or 0.51%, on Thursday. The pair opened at 158.16, touched 158.25 early in the Asian session and fell as low as 157.30. The drop took it below 157.65, a support level that had held through the past week and now acts as resistance. The yen gained against every major currency on the day: it rose 0.63% against the dollar and 0.99% against the euro. The argument of this forecast is that USD/JPY is trapped between two forces that both point lower for now. Above the market, Japan’s Ministry of Finance has made clear…

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Investing.com — The Canadian dollar held near a one-month high against its U.S. counterpart on Friday, extending a rally supported by rising oil prices and shifting expectations for interest rates in Canada. The U.S. dollar was trading around C$1.4000 in early trading, although the exact exchange rate at 8:10 a.m. ET could not be independently verified. A decline in the USD/CAD pair indicates a stronger Canadian dollar. Oil prices have provided support for the loonie, as Canada is a major energy exporter and higher crude prices can improve the country’s export revenues. However, fluctuations in global energy markets and geopolitical…

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Investing.com — The Canadian dollar held near a one-month high against its U.S. counterpart on Friday, extending a rally supported by rising oil prices and shifting expectations for interest rates in Canada. The U.S. dollar was trading around C$1.4000 in early trading, although the exact exchange rate at 8:10 a.m. ET could not be independently verified. A decline in the USD/CAD pair indicates a stronger Canadian dollar. Oil prices have provided support for the loonie, as Canada is a major energy exporter and higher crude prices can improve the country’s export revenues. However, fluctuations in global energy markets and geopolitical…

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The numbers back it up. A 2025 Samsung Canada survey found that 85% of Canadians now prefer movie nights at home to going out, with 55% saying they’d rather invest in their home entertainment setup than spend on outside experiences. According to Restaurants Canada’s 2025 Foodservice Facts report, 81% of Canadians aged 18 to 34 have cut back on restaurant visits because of the cost of living—higher than the national average of 75%. For Gen Z and younger millennials especially, the bar—literally and figuratively—is increasingly somewhere inside their own four walls. Call it the homebody economy: a growing preference for…

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