Author: Robert Jessi

The dollar stayed under pressure as confirmed that inflation pressure eased in June. Still, with the Gulf situation apparently far from de-escalation, we don’t see much more USD downside potential in the near term. Instead, sterling is emerging as a major outperformer on the back of further positioning adjustments USD: Losing More Ground The dollar has remained under pressure, with FX volatility resuming its decline after a short-lived bounce earlier this week. settling at around $85/bl is seemingly not enough to drive inflation expectations much higher, and the USD front-end continues to feel some gravitational pull from soft June data.…

The CAD/JPY currency pair has recovered from an 18-week low of 112.96 on July 4th, achieving a four-day winning streak and surpassing 115.70. Typically, global markets see investors move away from …

The CAD/JPY currency pair has recovered from an 18-week low of 112.96 on July 4th, achieving a four-day winning streak and surpassing 115.70. Typically, global markets see investors move away from …

Today, as the company’s CEO and co-founder, Akhvledziani is focused on helping Canadians get more value from their everyday spending. In this edition of My MoneySense, she shares the financial lessons that have stuck with her—from why everyone should negotiate more often to the benefits of automating your finances and using debt strategically. Who are your financial heroes? I’m incredibly motivated by people who solve problems in very legacy, traditional industries but whose work reaches millions of people. David Vélez at Nubank is a great example. He went after one of the most traditional, entrenched parts of financial services in…

CFM International wins approval for jet engine durability boost

Canada’s financial services sector, long characterised by stability and concentration among a handful of large banks, is undergoing a decisive digital transformation. Over the past 18 months, a confluence of regulatory reform, infrastructure modernisation and fintech innovation has begun to reshape how money moves, how data is shared and how consumers interact with financial institutions. The result is not merely incremental change, but the foundations of a more open, competitive and technology-driven system. The most significant shift has been the long-awaited arrival of consumer-driven banking, more commonly known as open banking. After years of consultation, the federal government confirmed in…

trades 1.1445, holding the 1.14 handle it has defended for six weeks and going nowhere in the process. The pair closed July 13 at 1.13812, July 14 at 1.1421, and has spent every session since chopping inside a 63-pip box. The Dollar Index sits at 100.75 after touching 100.79 overnight. futures are down 1.91%. S&P 500 futures are off 0.96%. Japan’s fell 4%. September is $85.01 and August is $79.74, both up more than 11% on the week. That is a full-scale global risk-off session with a war escalating inside the Strait of Hormuz, and EUR/USD has moved 24 pips.…

This week’s clearest signal is a widening gap between futures positioning and spot performance. GBP short covering remains price-confirmed, while CAD and WTI extended bearish positioning even as prices rose. Crowded exposure is beginning to lose control of price, increasing reversal risk without yet establishing new bullish regimes.GBP: Covering gains credibilityThe British Pound delivered the week’s strongest positioning move as speculators covered 16.6K contracts, a 75th-percentile weekly shock. This was the third consecutive covering week, and GBP/USD posted a decent advance, confirming the direction of the flow. Positioning remains short by around 71.2K contracts, or nearly 27% of open interest,…

The CAD/JPY currency pair has recovered from an 18-week low of 112.96 on July 4th, achieving a four-day winning streak and surpassing 115.70. Typically, global markets see investors move away from …

The Canadian Dollar (CAD) has entered a consolidation phase against the US Dollar (USD) following a volatile week. While a soft US inflation report initially put the Greenback on the back foot, the Bank of Canada’s (BoC) decision to keep its interest rate at 2.25% for a sixth consecutive meeting has somewhat tamed the initial downward move in the USD/CAD pair. Institutional analysts are closely examining the Canadian central bank’s updated forecasts and shift in guidance to map out the next directional leg for USD/CAD.USD/CAD daily chart. Source: FXStreet.Cooling growth and excess supply challenge aggressive hike pricingBBH emphasizes that Canada’s cooling…