Author: Robert Jessi

The Kiwi Dollar clears the 0.5700 figure on Friday, clings to gains of over 0.22% against the Greenback after hitting a daily low of 0.5689. At the time of writing, the NZD/USD trades at 0.5709.NZD/USD Price Forecast: Technical outlookThe NZD/USD remains technically bearish, even though interest rate probabilities suggest the Reserve Bank of New Zealand could raise rates at least twice. However, in the short term, the leg-up would test an support-trendline-turned resistance at around 0.5750.The Relative Strength Index (RSI) is rising, suggesting buyers are gaining traction, but it remains below the 50-neutral level. Hence, the overall trend is downwards.For…

The US Dollar (USD) has come under fresh downward pressure this week.

The Pound to Canadian Dollar (GBP/CAD) exchange rate traded in a narrow range on Wednesday as uncertainty surrounding USMCA trade negotiations kept the Canadian Dollar subdued while Sterling awaited comments from Bank of England Governor Andrew Bailey. At the time of writing, GBP/CAD was trading at CA$1.8827, little changed on the day. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.88368 (+0.06%)Euro to Canadian Dollar (EUR/CAD): 1.61838 (-0.2%)Dollar to Canadian Dollar (USD/CAD): 1.42311 (+0.16%) DAILY RECAP: The Canadian Dollar (CAD) struggled to attract support on Wednesday amid renewed uncertainty surrounding the future of the US–Mexico–Canada Agreement (USMCA) on trade. Representatives…

The Canadian dollar dipped to end the week while crude oil prices made modest gains.      The loonie closed at US$0.7042 or US$1=C$1.4201, compared to US$0.7052 or US$1=US$1.4181 on Thursday.      The United States Dollar Index was down 0.02 of a point at 100.84. Most U.S. markets were closed today due to the Independence Day holiday.      Crude oil prices were higher as uncertainty continues over a lasting peace between the U.S. and Iran.      West Texas Intermediate was up US$0.08 per barrel at US$68.78. Brent crude oil added US$0.32/barrel at US$72.12.      The TSX/S&P Composite Index jumped 308.17 points…

When interest rates go up, you won’t be able to sell a bond for the price you paid, says Will Gornall, an associate professor at UBC’s Sauder School of Business. “Because they’re traded, if you have a 3% bond and now the going rate is 4%, no one’s going to pay full price for your 3% bonds,” he explained. “You have to sell it for a discount. That discount is what the duration risk is. It’s the risk that when interest rates go up, you won’t be able to sell this for the price you paid.” Gornall says duration risk…

Fortune Brands Innovations, Inc. () delivered a remarkable 64.42% return in just over a month after InvestingPro’s Fair Value models flagged the home and security products manufacturer as significantly undervalued. On May 19, 2026, when FBIN traded at $33.39, the Fair Value analysis identified an intrinsic value of $49.91—suggesting a potential 49.48% upside. By June 30, the stock had surged to $53.22, not only validating the analysis but exceeding the projected gains. Fair Value analysis helps investors identify better entry and exit points by combining multiple valuation methodologies to determine a stock’s intrinsic worth, enabling more informed investment decisions. For…

Softer US jobs data has weakened the dollar, but we do not see this as sufficient to extend USD losses on its own. We look for near-term stabilisation in . Thin liquidity around the US holiday today and Monday increases the risk of JPY intervention, with an initial round that may already have occurred yesterday morning USD: Poor Jobs Report Not Enough to Bring Dollar Much Lower There aren’t many silver linings in yesterday’s US jobs report. A still respectable 57k gain is more than offset by 74k of downward revisions to the previous two months. Hiring also remains heavily…

UOB’s Quek Ser Leang notes that USD/CNH has seen a slight pickup in downward momentum, but still expects the pair to remain range-bound. The bank now looks for a lower intraday band around 6.7820–6.7940, while its 1–3 week view stays neutral, with USD/CNH likely to trade between 6.7750 and 6.8080.USD/CNH seen holding defined ranges”24-HOUR VIEW: Two days ago, USD traded within a range of 6.7911/6.8025 and closed little changed at 6.7948 (+0.05%). Yesterday, we indicated that “the price action provides no fresh clues, and we continue to expect USD to trade between 6.7860 and 6.7990.” USD then traded within a…

The Pound to Canadian Dollar (GBP/CAD) exchange rate traded in a narrow range on Wednesday as uncertainty surrounding USMCA trade negotiations kept the Canadian Dollar subdued while Sterling awaited comments from Bank of England Governor Andrew Bailey. At the time of writing, GBP/CAD was trading at CA$1.8827, little changed on the day. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.88368 (+0.06%)Euro to Canadian Dollar (EUR/CAD): 1.61838 (-0.2%)Dollar to Canadian Dollar (USD/CAD): 1.42311 (+0.16%) DAILY RECAP: The Canadian Dollar (CAD) struggled to attract support on Wednesday amid renewed uncertainty surrounding the future of the US–Mexico–Canada Agreement (USMCA) on trade. Representatives…

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…