Annoucements

The Loonie Is Squeezed by Tariffs and a Hawkish Fed The Canadian dollar, known to traders as the loonie, closed last week near 0.7017 against the US dollar. USD/CAD was around 1.4250, the weakest reading for the loonie since April 2025. CAD has lost roughly 3.3% over the past month, while the euro fell 1.2% last week and is on a four week losing streak. The common driver is a stronger US dollar. The US Dollar Index gained for a third straight week and touched 102.20 on Thursday, its highest le

Hawkish Crosscurrents: Fed Hike Meets RBA's Looming Test The Aussie dollar heads into the final week of September caught between two central banks that have both turned more hawkish than markets expected just a month ago. On September 16, 2026, the Federal Reserve raised its benchmark rate by 25 basis points to a range of 3.75% to 4.00%, its first hike since 2023. The move came amid persistent core inflation that has run above 3% every month this year, alongside what the Fed's statement called

Fed Tightens, AI Doubts Test Tech's Resolve The Technological sector has spent the past month digesting two competing forces. On September 16, the Federal Reserve raised the federal funds rate by 25 basis points to a target range of 3.75% to 4.00%, its first hike since 2023. The move came after officials cited persistently elevated inflation, with projected headline PCE at 3.7% for the year, and the updated dot plot signaled the possibility of at least one additional hike before year end. Just