Author: Robert Jessi

The ECB should keep rates on hold today, but we think policymakers will focus on preserving the hawkish market pricing. We suspect the now familiar post-meeting data leak will signal a September rate hike. That may keep supported from a rate perspective, delaying a break lower. In Australia, blowout jobs numbers are helping the bullish AUD case USD: Risks Remain on the Upside Broad FX volatility has stayed subdued this week. Higher oil prices are not yet delivering the deterioration in global risk sentiment needed for the dollar to fully benefit from the current backdrop, and the hawkish repricing in…

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The Pound to Canadian Dollar (GBP/CAD) exchange rate traded lower on Wednesday after softer-than-expected UK inflation weighed on Sterling, while rising oil prices provided support for the commodity-linked Canadian Dollar. At the time of writing, GBP/CAD was trading around CA$1.8845, down roughly 0.2% on the day. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.883667 (-0.19%)Euro to Canadian Dollar (EUR/CAD): 1.607415 (-0.06%)Dollar to Canadian Dollar (USD/CAD): 1.40875 (-0.13%) DAILY RECAP: The Pound (GBP) came under pressure on Wednesday after the UK’s latest consumer price index showed inflation cooled more rapidly than expected in June. According to the Office for National…

XAU/USD Current price: $ 4,144US President Donald Trump threatened to intensify attacks on Iran.The United Kingdom released the June Consumer Price Index.XAU/USD is bullish in the near-term, next hurdle at $4,200. The XAU/USD pair extended its weekly rally towards the $4,160 region on Wednesday, holding nearby in the American afternoon. The Greenback found modest demand throughout the first half of the day, but gave up following comments from United States (US) President Donald Trump, threatening to destroy Iran’s power plants and bridges. “Any time the Islamic Republic of Iran shoots at a ship in the Strait of Hormuz, whether it…

In June 2026, the Vanguard S&P 500 ETF (VOO) became the first ETF to surpass US$1 trillion in assets. In other words, the largest U.S. ETF alone is now bigger than Canada’s entire ETF industry. Canadian investors are not limited to products listed at home. Most self-directed brokerages provide access to both Canadian- and U.S.-listed ETFs, creating a recurring question: when is it worth accepting the added complexity of a U.S. ETF? Canadian-listed ETFs are generally easier to buy. They trade in Canadian dollars, avoid an up-front currency conversion, and provide an increasingly broad range of investment choices. However, U.S.-listed…

Topsports stock tumbles on Nike online sales termination

USD/JPY inches higher after posting minor losses in the previous day, trading around 163.20 during the European hours on Thursday. The currency pair is holding a clear bullish bias as spot remains above both the nine-day and 50-day Exponential Moving Averages (EMAs). The alignment of the shorter EMA above the longer one reinforces the uptrend.Additionally, the daily technical analysis indicates that the USD/JPY pair is moving upwards within an ascending channel pattern, suggesting a prevailing bullish bias. The 14-day Relative Strength Index (RSI) at 66.10 sits in bullish territory, hinting at strong but not yet extreme upside momentum.The USD/JPY pair…

Gold is snapping its recent recovery, struggling above $4,100 early Thursday, as both fundamental and technical factors warrant caution for buyers.  Gold reverses from two-week highsGold is extending its pullback from two-week highs of $4,166 reached on Wednesday, even as the US Dollar (USD) remains on the backfoot.Looming Japanese intervention risks keep Greenback traders cautious amid potential downside risk to the USD/JPY pair, which could have a ‘rub-off’ effect on the buck.Additionally, the earnings reports from the American tech titans, Alphabet and Tesla, showed robust spending plans for Artificial Intelligence (AI) infrastructure, lifting chipmakers and major Asian indices. The cautious optimism…

The Pound to Canadian Dollar (GBP/CAD) exchange rate traded lower on Wednesday after softer-than-expected UK inflation weighed on Sterling, while rising oil prices provided support for the commodity-linked Canadian Dollar. At the time of writing, GBP/CAD was trading around CA$1.8845, down roughly 0.2% on the day. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.883667 (-0.19%)Euro to Canadian Dollar (EUR/CAD): 1.607415 (-0.06%)Dollar to Canadian Dollar (USD/CAD): 1.40875 (-0.13%) DAILY RECAP: The Pound (GBP) came under pressure on Wednesday after the UK’s latest consumer price index showed inflation cooled more rapidly than expected in June. According to the Office for National…

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD is trading just above 1.29 after a quiet session, with momentum only tentatively firmer. They expect intraday consolidation between 1.2900 and 1.2930, while the broader 1–3 week view still flags a risk of a break below 1.2860, though odds are low as long as resistance at 1.2930 caps the pair.USD/SGD stuck in tight band”24-HOUR VIEW: Following Monday’s price action, we highlighted yesterday that “momentum indicators remain mostly flat,” and we expected USD to “trade in a range between 1.2895 and 1.2925.” Our view was not wrong, as…