Author: Robert Jessi

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Cheif finance content and platform manager.

Summary:USD/CAD traded near 1.4100 on Tuesday as traders awaited the Federal Reserve’s policy decision. Falling crude oil prices continued to limit gains for the Canadian dollar despite a softer US dollar. Markets are also monitoring US-Iran negotiations, which have weighed on oil prices and the loonie’s outlook. The USD/CAD pair edged lower on Tuesday, trading around 1.4100, as investors avoided taking aggressive positions ahead of the Federal Reserve’s interest rate decision. While the US dollar softened slightly after recent gains, the Canadian dollar’s upside remained constrained by weaker crude oil prices, leaving the currency pair close to its highest levels of the…

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It is particularly popular among newer investors. One of the most common ideas promoted online is the so-called “dividend snowball.” You buy dividend-paying stocks, collect the distributions, reinvest those dividends into additional shares, receive even more dividends, and compound from there. There is certainly truth to the importance of reinvesting dividends. According to backtesting platform Testfolio, a $10,000 investment in the SPDR S&P 500 ETF Trust (SPY) made at the fund’s 1993 inception would have grown to approximately $310,847 by mid-July 2026 with dividends reinvested. Without reinvesting dividends, that same investment would have been worth about $175,008. That translates into…

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Gold (XAU/USD) remains trapped in its month-old $4,000-$4,200 range as the Federal Reserve’s (Fed) new era of limited forward guidance fails to shake the precious metal out of its sideways grind after policymakers left interest rates unchanged at 3.50%-3.75%.At the time of writing, XAU/USD trades around $4,080 during European trading hours on Thursday, recovering from an intraday low of $4,022.Gold briefly pushed above $4,100 after the Fed kept rates steady, prompting traders to unwind positions built around the possibility of a surprise hike and triggering a sharp pullback in the US Dollar and front-end US Treasury yields.However, Gold struggled to…

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Societe Generale strategists analyzes- the Bank of England’s (BoE) upcoming meeting, expecting Bank Rate to remain at 3.75% with some hawkish dissent. They note easing inflation expectations and a loosening labour market, but also higher energy prices and government income support. Their base case is for policy to stay on hold through 2026, while GBP/USD seasonality looks bearish in August.BoE stance and Pound seasonality”The BoE is the penultimate G10 central bank to meet before the curtain falls on July – the BoJ meets tomorrow – and like the Fed yesterday, expectations are overwhelmingly for no change in bank rate at…

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The Canadian Dollar (CAD) modestly outperforms the US Dollar (USD) on Wednesday, drawing support from a rebound in Oil prices as the war in the Middle East intensifies again following a brief calm. At the time of writing, USD/CAD trades around 1.4093, trapped within a week-old range.US President Donald Trump threatened heavy military action against Iran on Wednesday following attacks on US targets in Jordan.West Texas Intermediate (WTI) trades around $83, up more than 5% on the day. Higher Oil prices typically support the Canadian Dollar due to Canada’s position as a major crude exporter.However, elevated Oil prices provide only…

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The Canadian Dollar (CAD) modestly outperforms the US Dollar (USD) on Wednesday, drawing support from a rebound in Oil prices as the war in the Middle East intensifies again following a brief calm. At the time of writing, USD/CAD trades around 1.4093, trapped within a week-old range.US President Donald Trump threatened heavy military action against Iran on Wednesday following attacks on US targets in Jordan.West Texas Intermediate (WTI) trades around $83, up more than 5% on the day. Higher Oil prices typically support the Canadian Dollar due to Canada’s position as a major crude exporter.However, elevated Oil prices provide only…

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“It made a lot of sense,.” said the 69-year-old Calgary resident. “Tear down the old garage, build a laneway house for pretty much the cost of a very nice condo, and we don’t have to pay the condo fees. We don’t have a homeowners association except for (an) old dad here.” Laneway homes have been pitched as a solution to building livable spaces in tighter cities, with various levels of government offering incentives to encourage gentle densification in recent years—increasing housing supply and opening room for rental income.  Another use case has also emerged as more older homeowners look for…

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The consensus view for the FOMC today may be a hold, with two dissenters voting for a . That might prevent a material downward correction in rates, but the dollar may still fall as precautionary positioning is unwound and the greenback reconnects with lower oil prices. This means might be past its lows USD: Dollar to Reconnect With Lower Oil After Fed Hold Our Fed preview, published last week, argued that precautionary positioning for a potential surprise Fed hike could keep the dollar supported going into today’s FOMC announcement. That appears to have been the case. Despite softer data and…

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