Author: Robert Jessi

HSBC’s Willem Sels and Lucia Ku highlight that the new Fed Chair’s hawkish tone supports expectations that US policy rates will stay unchanged through 2026 and 2027, reinforcing Dollar credibility. They note consensus earnings growth above 10% for most S&P 500 sectors and maintain an overweight stance on US equities while turning more bullish on the USD over the coming months.Fed stance underpins Dollar strength”In terms of policy rates, markets have now priced in a more hawkish scenario after the new Fed Chair emphasised tackling inflation, reinforcing the Fed’s independence and the USD’s credibility. We maintain our view that rates…

USD/CAD has recovered its recent losses from the previous day, trading around 1.4220 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) gains ground on safe-haven demand amid uncertainty over United States (US)-Iran Doha talks.US negotiators Jared Kushner and Steve Witkoff arrived in Qatar on Tuesday to meet with mediators regarding the implementation of an initial peace deal to end the conflict with Iran. However, Tehran stated it would not meet directly with the US envoys, clouding prospects for a lasting resolution and keeping geopolitical risk premiums alive in the market.The Greenback received a boost…

XAG/USD Current Price: $59.49The US Dollar turned negative mid-day, and month-end profit-taking interrupted the rally.Encouraging United States data provided temporal support to the American currency.XAG/USD consolidates near its recent lows, bounce irrelevant as long as below $61.Commodities are all about the US Dollar (USD) strength or weakness these days. Silver flirts with $60 an ounce in the American session, after trading as low as $56.61 at the beginning of the day. The Greenback started the day with a strong note, as investors keep assessing stable Oil prices amid ongoing negotiations in the Middle East, along with persistent speculation that the…

For the first seven years as a parent in the mid-90s, Amundsen stayed home to raise two young children while her husband became the sole provider for the household. About 30 years later, she still draws on her experience when speaking with her clients. Pre-planning tops her list.  Try a single-income stress test Start with a trial and run your household for anywhere between three to six months on a single income, she said. That trial will build confidence and help you understand your needs and wants while deciding what you may need to change about your lifestyle, she added.…

Seacor Marine EVP & CFO Llorca sells shares worth $129,346

Tiff Macklem, governor of the Bank of Canada, speaks during a news conference in Ottawa on Wednesday, June 10, 2026, following the latest interest rate announcement. (Credit: HYUNGCHEOL PARK) The Bank of Canada held interest rates at 2.25 per cent on Wednesday as it tries to balance the risks of a slowing economy against higher inflation, but one economist thinks the central bank might be closer to ending its five-decision-long pause, with September marking a possible turning point. “In our view, the bank is getting closer to ending its pause and is waiting for the data to tell it which…

OCBC’s Christopher Wong suggests Asian FX may find a breather if USD momentum fades, with much Fed hawkishness and US data resilience already priced in. Contained Oil prices should ease external balance and inflation concerns for net Oil importers. Against this backdrop, OCBC sees scope for some recovery in selected Asian FX, with IDR standing out on easing Oil drag and a still-supportive BI stance.Selective Asian FX recovery potential”Asian FX may find a breather if USD momentum fades.””A fair bit of Fed hawkishness and US data resilience are already in USD pricing, leaving the USD potentially vulnerable to any downside…

We expect communication by ECB speakers in Sintra to broadly endorse expectations for another hike this year after Lagarde’s measured opening remarks. The dollar has continued to hand back some gains, with focus on data today ahead of Warsh’s Sintra speech tomorrow, which is expected to be hawkish. remains in FX intervention territory USD: Momentum Keeps Fading Into Key Data and Warsh The dollar has continued to hand back recent gains against most G10 currencies, largely thanks to a recovery in equities. Added support for risk sentiment has come from news that the US and Iran will start a new…

The Pound to Canadian Dollar (GBP/CAD) exchange rate traded in a narrow range last week as investors balanced UK political developments against stronger Canadian inflation and softer oil prices. At the time of writing, GBP/CAD was trading at CA$1.8755, little changed on the week. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.87384Euro to Canadian Dollar (EUR/CAD): 1.6161Dollar to Canadian Dollar (USD/CAD): 1.41946 DAILY RECAP: The Pound (GBP) proved resilient last week, with Sterling holding steady despite Prime Minister Keir Starmer’s resignation. The move had already been largely priced in by GBP investors, meaning the announcement did little to unsettle…

Gold (XAU/USD) rebounds on Tuesday after falling to a fresh seven-month low of $3,941 in the Asian session, as dip buyers help the precious metal recover some of its losses. At the time of writing, XAU/USD trades around $4,024.Despite the modest intraday recovery, Gold remains on track for its worst quarter since 2013, having erased all of its gains for the year. The precious metal is down nearly 18% this quarter and is heading for its biggest monthly decline since 2008, with losses of about 11%.The downside came as geopolitical tensions in the Middle East triggered an energy-driven inflation shock,…