Author: Robert Jessi

The Euro extends its losses against the US Dollar on Monday, even falling below the psychological 1.1200 level as sellers step in following hawkish comments from a Fed policymaker and growing geopolitical concerns on two fronts: the US-Iran war and Russia’s invasion of Ukraine. The EUR/USD trades at 1.1155, down 0.40%.EUR/USD tumbles towards 1.1150 as geopolitical tensions reinforce US inflation concernsThe Columbus Day holiday kept the markets quiet, with the cash markets closed. But over-the-weekend news, with US President Trump announcing a ceasefire in the Russia-Ukraine war on energy facilities, was cheered by investors, who later scrambled to buy Oil…

The old FX cliché still works because it is exactly what the market is trading: the dollar remains the cleanest dirty shirt in the laundry basketTakeaways• The dollar is holding above 102 even as some Fed premium comes out, which tells you this is increasingly a relative-value trade rather than a simple rates chase. • CPI does not need to force an October hike to keep USD supported; it only needs to stop the market from confidently pricing the end of tightening. • EUR remains the soft spot, with French fiscal stress, weaker carry and energy exposure still leaning against…

The Canadian Dollar’s Recovery Depends on More Than the Next BoC Decision Canada’s jobs slump weakens the case for an early rate rise, while ING says the Canadian Dollar needs calmer bond markets to recover against the US Dollar. Canada’s loss of 68,000 jobs in September has challenged expectations of an early interest-rate increase, leaving the Canadian Dollar with less domestic support against a US currency that ING expects to remain firm. Friday’s labour-force report put unemployment at 6.5%, while USD/CAD ended the session near 1.4256, up 0.22% on the day. Latest-Exchange Rates: Dollar to Canadian Dollar (USD/CAD): 1.42559 (+0.22%)…

On Wednesday, the USD/CAD currency pair bounced back from the session lows of about 1.4217 to trade at about 1.4254. The currency pair trades within a slightly descending channel formation on the 60-minute chart.The pair has now advanced to trade slightly above the 100-hour moving average line. However, the currency pair pulled back later to avoid rallying into the overbought levels of the 14-hour RSI.USD/CAD Fundamentals Overview From a fundamental perspective, the USD/CAD currency pair trades during a relatively busy period in both markets. In the US, the ISM Services PMI for September fell to 54.9, down from the previous…

Here’s what the BTC price movement has looked like since the October 2025 high. Source: Google Finance BTC-USD price chart as of Sept. 30, 2026. Are BTC investors making any money? Has the roughly 42% price jump in BTC made investors any money on their investments? The answer of course depends on when you made your investment in the cryptocurrency. Here’s what the to-date return on BTC looks like from the perspective of various historical time periods: Source: Yahoo Finance BTC-USD price data as of Sept. 30, 2026. As the table above shows, whether you’re making any gains as a…

BASF pledges to protect Evonik jobs and German sites in any takeover – report

USD The dollar ended last week much as we had expected, with Friday’s dip proving shallow, as Governor Waller’s earlier reminder that the Fed need not hike at every meeting was offset by a Michigan survey that did little to ease inflation concerns. Headline sentiment slumped to 46.3 against the 47.6 consensus, but one-year inflation expectations rose to 4.7%, keeping a December hike close to fully priced and the just below 5.25%. Meanwhile, the weekend brought a fresh escalation in the Middle East: Houthi strikes on Riyadh’s airport on Saturday killed at least 12, reportedly including a US citizen, and…

Gold is extending its recovery from a two-month low of $4,067 into a new week on Monday, trying to remain above the $4,200 level amid a pause in the US Dollar (USD) retreat from an 18-month peak.Will Gold defend $4,200?The USD stages a tepid bounce, threatening Gold’s advance above $4,200, as traders continue to weigh the weekend’s escalation in the Middle East conflict.Saudi Arabia’s King Khalid International Airport came under attack again a day after 12 were killed in alleged Houthi strikes. Houthis also claimed an attack on Saudi’s Dammam airport and Aramco sites in the eastern part of the kingdom, Reuters…

The Canadian Dollar’s Recovery Depends on More Than the Next BoC Decision Canada’s jobs slump weakens the case for an early rate rise, while ING says the Canadian Dollar needs calmer bond markets to recover against the US Dollar. Canada’s loss of 68,000 jobs in September has challenged expectations of an early interest-rate increase, leaving the Canadian Dollar with less domestic support against a US currency that ING expects to remain firm. Friday’s labour-force report put unemployment at 6.5%, while USD/CAD ended the session near 1.4256, up 0.22% on the day. Latest-Exchange Rates: Dollar to Canadian Dollar (USD/CAD): 1.42559 (+0.22%)…

The Canadian Dollar’s Recovery Depends on More Than the Next BoC Decision Canada’s jobs slump weakens the case for an early rate rise, while ING says the Canadian Dollar needs calmer bond markets to recover against the US Dollar. Canada’s loss of 68,000 jobs in September has challenged expectations of an early interest-rate increase, leaving the Canadian Dollar with less domestic support against a US currency that ING expects to remain firm. Friday’s labour-force report put unemployment at 6.5%, while USD/CAD ended the session near 1.4256, up 0.22% on the day. Latest-Exchange Rates: Dollar to Canadian Dollar (USD/CAD): 1.42559 (+0.22%)…