Author: Robert Jessi

USD After several days of calm, tensions in the Middle East ramped up overnight, with the US and Iran once again exchanging tit-for-tat strikes. jumped around 3.5% in response, though FX has been calmer, seeing the holding near one-month highs before softening modestly this morning. Attention now turns to tonight’s FOMC decision at 19:00 BST, with Chair Warsh’s press conference following at 19:30. Markets price roughly a one-in-three chance of a 25bp hike from the current 3.50-3.75% range, with no fresh projections due. We continue to think rates stay on hold through year-end; if validated today, near-term dollar risks skew…

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…

This is an account of the Bank of Canada’s Governing Council deliberations leading to the monetary policy decision on July 15, 2026. This summary reflects discussions and deliberations by members of Governing Council in stage three of the Bank’s monetary policy decision-making process. This stage takes place after members have received all staff briefings and recommendations. Governing Council’s policy decision-making meetings began on July 7, 2026. The Governor presided over these meetings. Members in attendance were Governor Tiff Macklem, Senior Deputy Governor Carolyn Rogers (who joined deliberations on July 8) and Deputy Governors Toni Gravelle, Nicolas Vincent, Michelle Alexopoulos and Marc-André Gosselin. International economy Governing Council members began their…

Year U.S. Treasury Note Continuous Contract $102.855 0.090 0.09% 5-Year U.S. Treasury Note Continuous Contract $106.375 0.172 0.16% 10-Year U.S. Treasury Note Continuous Contract $108.813 0.234 0.22% …

Why is Boston Scientific stock rising today?

The Euro (EUR) is nursing moderate losses against the British Pound (GBP) on Wednesday, as bulls failed to find acceptance above the 0.8575 resistance area on Tuesday. The pair, however, remains within the upper range of the 0.8500s with the near-term bullish bias intact, and the focus shifting towards the Bank of England’s (BoE) monetary policy meeting, due on Thursday.Rabobank’s FX strategists warn that the Pound could come under pressure as markets reassess the UK policy outlook. They argue that “the potential for disappointment over a lack of rate rises from the Bank this year, coupled with the likelihood of…

Gold is attempting a tepid bounce from six-day lows near $4,000 in Wednesday’s Asian trades, awaiting the US Federal Reserve (Fed) monetary policy outcome to determine the next major move.Gold jittery amid fresh Iran risks, ahead of FedGold is consolidating two back-to-back days of losses, with traders repositioning ahead of the Fed event risks.In doing so, Gold is trying to build on the intraday bounce, as the US Dollar (USD) holds overnight losses, following soft US Goods Trade Balance data for June and a profit-taking pullback from three-month highs.However, resumption of hostilities in the Middle East fuels a sharp 4% rebound…

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…

XAU/USD Current price: $ 4,038Oil prices continue to retreat as the pause in the Middle East extends. The Federal Reserve will announce its decision on monetary policy on Wednesday.XAU/USD bounced from near $4,000, holds depressed within familiar levels. Spot Gold approached the $4,000 threshold on Tuesday, easing for a second consecutive day after starting the week with a bullish gap. The XAU/USD pair traded as high as $4,116 on Monday, as a pause in back-and-forth attacks between the United States (US) and Iran weighed on Oil prices and the US Dollar (USD). However, the Greenback quickly recovered its bullish poise,…

Form 4 United Therapeutics Corporation For: 28 July