{"id":24424,"date":"2025-06-16T05:57:55","date_gmt":"2025-06-16T05:57:55","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=24424"},"modified":"2025-06-16T05:57:55","modified_gmt":"2025-06-16T05:57:55","slug":"week-ahead-liquiditys-quiet-ascent","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/week_ahead\/week-ahead-liquiditys-quiet-ascent\/","title":{"rendered":"Week Ahead: Liquidity&#8217;s Quiet Ascent"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/Image_fx-2025-06-16T135356.318-1024x559.png\" alt=\"\" class=\"wp-image-24430\"\/><\/figure>\n\n\n\n<p>You\u2019d think a booming stock market means strong economic health. But in 2025, that\u2019s not the case. The market\u2019s biggest engine right now isn\u2019t productivity or profits, it\u2019s policy. And that should give market participants pause.<\/p>\n\n\n\n<p>Markets seem to be having quite the high; bitcoin is through the roof and gold is putting a new shine on that safe haven crown. With how global events are going, it feels too good to be true&#8230; and it might be. A surge like this doesn&#8217;t seem to be driven by <a href=\"https:\/\/t.co\/vijMsQcobY\" target=\"_blank\" rel=\"noopener\" title=\"\">earnings <\/a>or market optimism.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Liquidity Is the Real Catalyst<\/h2>\n\n\n\n<p>Since 2020, the U.S. money supply has exploded. M2, which includes cash, checking and savings deposits, and money-market funds, is now at an all-time high. This didn\u2019t happen naturally.<\/p>\n\n\n\n<p>The Federal Reserve pushed trillions of dollars into the system through aggressive quantitative easing and historically low interest rates. The idea was to keep the economy stable during the COVID crisis, and the side effect was a flood of cheap money.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\u201cWhat\u2019s not changed is the focus on inflation, that\u2019s the biggest risk,\u201d Brigg Macadam Founding Partner <a href=\"https:\/\/twitter.com\/_GregSwenson?ref_src=twsrc%5Etfw\">@_GregSwenson<\/a> says. \u201cI\u2019m not worried about COVID at this point. I think we\u2019re past the worst phase of that, but we have inflation now.\u201d More: <a href=\"https:\/\/t.co\/uzPtej9NTD\">pic.twitter.com\/uzPtej9NTD<\/a><\/p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/1476588240023044096?ref_src=twsrc%5Etfw\">December 30, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>When cash is abundant and interest rates are low, money doesn\u2019t stay idle. It moves. Traders, hungry for returns, look beyond savings accounts and government bonds. They turn to equities, real estate, gold, and now digital assets like Bitcoin. With more buyers chasing the same pool of assets, prices naturally go up.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">A Pattern We\u2019ve Seen Before<\/h2>\n\n\n\n<p>This kind of rally isn\u2019t new. After the <a href=\"https:\/\/www.investopedia.com\/articles\/economics\/09\/financial-crisis-review.asp#:~:text=Fast%20Fact,of%20dollars%20of%20worthless%20mortgages.\" target=\"_blank\" rel=\"noopener\" title=\"\">2008 financial crisis<\/a>, a similar playbook launched one of the longest bull markets in history. What we\u2019re seeing now is even more intense. The scale and speed of the 2020 monetary expansion dwarfed anything that came before it. It boosted not just blue-chip stocks, but also speculative investments and safe-haven assets alike.<\/p>\n\n\n\n<p>Importantly, much of this new money doesn\u2019t flow into everyday consumer spending. It goes straight into financial markets. That\u2019s how we see <a href=\"https:\/\/www.cnbc.com\/2025\/05\/21\/crypto-market-today.html\" target=\"_blank\" rel=\"noopener\" title=\"\">asset prices breaking records<\/a> even when the economy shows cracks elsewhere. Earnings growth is soft. The job market is sending mixed signals. Yet, prices keep climbing because liquidity keeps flowing.<\/p>\n\n\n\n<p>The Fed\u2019s approach isn\u2019t limited to just printing money. It uses other tools like the <a href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/banking-sector-says-easing-us-leverage-rules-could-support-treasury-market-2025-05-13\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Supplementary Leverage Ratio<\/a> to let banks lend more and hold more government debt. These tools help stabilise markets during turmoil, but they also tell us how far central banks are willing to stretch to keep things moving.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">The Risk of Overreliance<\/h2>\n\n\n\n<p>That willingness comes with risk. If something breaks\u2014commercial real estate, for example, or a regional banking sector already under stress\u2014the likely response will be even more liquidity.<\/p>\n\n\n\n<p>History suggests that when cracks appear, the go-to solution is to print more. That works in the short term, but it raises serious long-term concerns.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Mark Carney says Canada is &quot;seeing the danger&quot; of overreliance on the U.S., noting his government is seeking new security ties within the European Union and Asia. <a href=\"https:\/\/t.co\/yNMg7PGvDN\">pic.twitter.com\/yNMg7PGvDN<\/a><\/p>&mdash; Rebel News (@RebelNewsOnline) <a href=\"https:\/\/twitter.com\/RebelNewsOnline\/status\/1927763177003008283?ref_src=twsrc%5Etfw\">May 28, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>We\u2019ve seen the consequences of this before. In the 1970s, years of loose policy and rising deficits led to runaway inflation. Gold jumped from $35 an ounce to $850 by 1980. To bring inflation under control, the Fed had to push interest rates above 15 percent, which caused a painful recession. That period stands as a warning about the limits of stimulus.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Where Should Traders Look?<\/h2>\n\n\n\n<p>For those still holding stocks, it makes sense to be selective. Sectors with pricing power tend to perform better when inflation threatens returns.<\/p>\n\n\n\n<p>Energy, industrials, and defence may offer more resilience than tech or growth-heavy names. Defensive sectors like healthcare and consumer staples are also worth considering as volatility picks up.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Indian and US negotiators made progress in their latest round of trade talks in New Delhi on Tuesday, having focused on market access for industrial and some agricultural goods, tariff cuts and non-tariff barriers, Indian government sources said. <a href=\"https:\/\/t.co\/vzbBHjLWRB\">https:\/\/t.co\/vzbBHjLWRB<\/a> <a href=\"https:\/\/t.co\/VU1b7NLRs1\">pic.twitter.com\/VU1b7NLRs1<\/a><\/p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/1932583177383485772?ref_src=twsrc%5Etfw\">June 10, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Cash, especially in U.S. dollars, no longer feels like a safe bet. Despite being the world\u2019s reserve currency, the dollar faces long-term erosion. High fiscal deficits, softening demand for U.S. debt, and rising global diversification away from dollar-denominated reserves all weigh on its value.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">What About Safer Havens?<\/h2>\n\n\n\n<p>Holding too much cash during a time of aggressive money printing may result in slow, silent losses. Traders focused on long-term preservation should consider alternatives.<\/p>\n\n\n\n<p>Precious metals like gold and silver continue to hold value during currency debasement. Treasury Inflation-Protected Securities (TIPS) are structured to track inflation directly. Commodities, particularly in agriculture and energy, often rise when the dollar weakens. Foreign currencies such as the Swiss franc, Singapore dollar, or Norwegian krone are attractive options for diversification.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Under pressure from all sides and with cracks in its global currency dominance a key market talking point this year, the dollar\u2019s traditional role as a crisis haven faces a crucial test should Israel\u2019s attack on Iran escalate <a href=\"https:\/\/t.co\/awixanmcUA\">https:\/\/t.co\/awixanmcUA<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1933386934899863688?ref_src=twsrc%5Etfw\">June 13, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>And for those comfortable with volatility, digital assets remain a growing part of the hedge playbook. Bitcoin continues to see inflows from institutions and long-term holders alike, despite its unpredictable price swings.<\/p>\n\n\n\n<p>At the heart of it all is liquidity. It\u2019s what\u2019s lifting asset prices while economic signals remain cloudy. But this is not a rally built on strength. It\u2019s a rally floating on easy money. And when the current changes, the fall can be sharp.<\/p>\n\n\n\n<p>Traders riding this wave should keep their eyes on the tide. The conditions that helped markets climb can shift fast, and when they do, having a plan matters more than ever.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Market Movements This Week<\/h2>\n\n\n\n<p>We\u2019ve seen markets drift into critical zones this week, and now the question is whether they\u2019ll hold the line or break from familiar patterns. A closer look at the charts helps us anticipate where momentum may build.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"551\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-15-1024x551.png\" alt=\"\" class=\"wp-image-24425\"\/><\/figure>\n\n\n\n<p><strong>USDX<\/strong> has risen from 97.139 and is now testing resistance at the 97.90 zone. This area has capped rallies before, and we\u2019re watching closely to see if the dollar can break through. If it does, 98.30 is the next level to watch for a reaction. However, if price starts to slip here, support at 96.40 becomes the key area for bullish confirmation. Until the Fed delivers more clarity later this week, we expect price action to remain reactive rather than directional.<\/p>\n\n\n\n<p><strong>EURUSD<\/strong> found resistance at 1.1485 and has begun pulling back. Momentum has softened, and unless bulls reclaim that high quickly, we expect a drift toward 1.1420, which may offer support. Should price turn higher again instead, we\u2019ll be watching 1.1675 and 1.1730 as potential zones where sellers may step in. This week\u2019s eurozone CPI reading will likely shape whether the pair finds a floor\u2014or loses it.<\/p>\n\n\n\n<p><strong>GBPUSD<\/strong> continues to show strength after taking out the 1.35221 low, but so far has not triggered any major selling pressure. The lack of bearish momentum suggests further upside is possible, with the next key resistance at 1.3670. Whether the pair pushes higher or stalls will likely depend on Wednesday\u2019s CPI report. Any surprise uptick in inflation could change the tone quickly, so we\u2019re staying flexible.<\/p>\n\n\n\n<p><strong>USDJPY<\/strong> dropped from the 145.75 area but found support again near 142.785, a level that has held in previous weeks. The bounce from there suggests bulls may have regained some control. As price moves higher, we\u2019re now watching 145.15, 145.75, and 146.55 for possible bearish reactions. If the BOJ hints at any shift in policy tone when it holds rates at 0.5%, we could see stronger moves either way.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"550\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-16-1024x550.png\" alt=\"\" class=\"wp-image-24426\"\/><\/figure>\n\n\n\n<p><strong>USDCHF<\/strong> remains under pressure and may be setting up for a new leg lower. If price consolidates beneath 0.8195, that area becomes a potential short zone. Should the 0.80388 low be taken out, we\u2019ll be looking for bullish confirmation next, particularly if the SNB does surprise markets by cutting rates from 0.25% to 0.00% as forecasted. Either way, a shift in Swiss franc volatility may follow.<\/p>\n\n\n\n<p><strong>AUDUSD<\/strong> is still caught in consolidation, but the pressure is building. If price pushes up to 0.6575, it could attract sellers looking for a downside continuation, especially with employment data sharply downgraded from 89.0K to 19.9K. We\u2019re also watching how price behaves near the green trend line marked on our chart\u2014this is where we expect any real directional move to show its hand.<\/p>\n\n\n\n<p><strong>NZDUSD<\/strong> continues to respect its support along the green trend line. However, price remains soft, and a liquidity sweep below that line isn\u2019t off the table. If that happens, we\u2019ll be looking closely at the reaction\u2014either to confirm a deeper move or to catch a reversal setup. With limited data out of New Zealand this week, the pair may simply track AUD sentiment.<\/p>\n\n\n\n<p><strong>USDCAD<\/strong> retested the 1.3590 low and even pushed briefly below it, hinting at bearish intent. If this move holds, the next support at 1.3500 becomes the key zone for price action. Stronger oil prices could lend the Canadian dollar a tailwind here, particularly if geopolitical risk continues to support crude. Still, we\u2019re waiting on a clear confirmation before calling for further downside.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"553\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-17-1024x553.png\" alt=\"\" class=\"wp-image-24427\"\/><\/figure>\n\n\n\n<p><strong>USOil<\/strong> remains supported, with prices holding firm as geopolitical tensions between Israel and Iran remain unresolved. Traders are reluctant to sell into this kind of uncertainty, and if consolidation holds above 68.40, we could see another push higher. However, without fresh headlines, the rally may struggle to gain traction. A pullback to that 68.40 area could attract buyers again.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"549\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-18-1024x549.png\" alt=\"\" class=\"wp-image-24428\"\/><\/figure>\n\n\n\n<p><strong>Gold<\/strong> has broken above the 3439 level, but needs more confirmation before this can be considered a solid breakout. If price stalls, we\u2019ll look to the 3385 and 3355 areas for potential buying interest. For now, gold appears to be drifting while traders wait on U.S. inflation data and the Fed\u2019s stance. Until then, we expect more sideways action with a bullish lean.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"548\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-19-1024x548.png\" alt=\"\" class=\"wp-image-24429\"\/><\/figure>\n\n\n\n<p><strong>SP500<\/strong> has pulled back slightly but remains well above the monitored 6000 area. So far, sellers have not shown strong conviction. If price consolidates here, it may just be a pause before another move higher. However, any weakness in earnings forecasts or a hawkish tone from the Fed could trigger a sharper correction. We\u2019re watching for clearer signs of either.<\/p>\n\n\n\n<p><strong>Bitcoin<\/strong> is consolidating after its massive run, with potential bearish setups forming around the 106,950 area. If sellers reclaim control, a drop through the 102,666 low could lead to a deeper flush. On the other hand, continued consolidation may simply be the market catching its breath. Either way, volatility is likely to return soon, so we\u2019re keeping tight watch on the edges of this range.<\/p>\n\n\n\n<p><strong>Natural Gas<\/strong> bounced off the 3.25 area and is now heading toward the 3.52 zone. Bulls will want to see continued follow-through to confirm the move. This week could bring more upside, but traders will likely wait to see if price can hold above the current levels before committing to new longs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Key Events This Week<\/h2>\n\n\n\n<p>On <strong>Tuesday<\/strong>, the spotlight turns to Japan, where the Bank of Japan is set to announce its latest <strong>policy rate decision<\/strong>. Markets expect it to remain at <strong>0.5 percent<\/strong>, unchanged from previous meetings. However, the real focus will be on any change in language. If Governor Ueda signals the possibility of a rate hike or hints at scaling back stimulus, the yen could strengthen sharply. This would pressure USDJPY, which is already bouncing within a sensitive range. Japanese policymakers have so far resisted tightening, but inflationary pressures and currency weakness may force their hand. Traders should brace for a reactive move, even if the headline rate holds steady.<\/p>\n\n\n\n<p>Come <strong>Wednesday<\/strong>, the UK takes centre stage with its <strong>Consumer Price Index (CPI)<\/strong> report. Forecasts suggest a year-on-year reading of <strong>3.3 percent<\/strong>, slightly lower than the previous <strong>3.5 percent<\/strong>. While this indicates a modest cooling in inflation, the difference is slim. The reaction in GBPUSD will likely depend on whether price has already made a new swing high before the release. If so, the data could trigger a retracement, especially if inflation undershoots expectations. However, a surprise spike in the numbers could revive rate hike speculation and give sterling a fresh boost. Either way, this CPI print has the potential to jolt the market out of its holding pattern.<\/p>\n\n\n\n<p><strong>Thursday<\/strong> brings a flurry of decisions from four major economies. First up is the <strong>U.S. Federal Reserve<\/strong>, expected to keep its <strong>Federal Funds Rate at 4.5 percent<\/strong>. After weeks of mixed data and growing calls for rate cuts later this year, traders will dissect the statement for any dovish or hawkish shifts. The Fed\u2019s tone here matters more than the number. If policymakers express concern about sticky inflation or a tight labour market, the dollar could catch a bid. But if the tone leans toward patience or future easing, risk assets could rally further.<\/p>\n\n\n\n<p>At the same time, Australia\u2019s <strong>Employment Change<\/strong> data drops, with a sharp drop in hiring projected: <strong>19.9K jobs<\/strong> expected versus <strong>89.0K previously<\/strong>. That\u2019s a steep slowdown, and if the report confirms weakness, AUD could come under pressure\u2014especially if paired with dovish signals from the Reserve Bank of Australia. Price action in AUDUSD has already been drifting, and this data could be the spark for a more decisive move.<\/p>\n\n\n\n<p>Switzerland also enters the fold Thursday with the <strong>Swiss National Bank\u2019s rate decision<\/strong>, where markets anticipate a cut from <strong>0.25 percent to 0.00 percent<\/strong>. If that happens, the franc could weaken, particularly against the dollar and euro. But as with most central bank meetings this year, the reaction may depend more on the outlook than the rate itself. Traders will look for clues about how long the SNB expects to remain accommodative, especially amid global divergence in monetary policy.<\/p>\n\n\n\n<p>Rounding out Thursday\u2019s lineup is the <strong>Bank of England<\/strong>, expected to leave its <strong>Official Bank Rate at 4.25 percent<\/strong>. The decision itself is unlikely to surprise, but the statement could still move markets. If policymakers emphasise persistent inflation risks, GBP could hold its gains or even strengthen. But if they acknowledge progress in disinflation or hint at a more neutral stance, sterling may lose steam.<\/p>\n\n\n\n<p>This week won\u2019t deliver blockbuster surprises on paper, but the tone from central banks and the nuance in CPI figures could still swing markets. We\u2019re preparing for pockets of volatility, especially around FX pairs and commodities tied to rate-sensitive currencies. As always, the message between the lines may matter more than the headline print.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong> and <\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*1azgbap*_gcl_au*NjE5NTE3MjY4LjE3NDQ2MDA3NDI.*_ga*MTY4OTgwNTU5Mi4xNzM2NzQ2MTgy*_ga_J26NL1ZVX7*czE3NDQ5NDQ0NTYkbzEyMCRnMCR0MTc0NDk0NDQ1NiRqNjAkbDAkaDA.\">start trading<\/a><\/strong><strong> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market\u2019s biggest engine right now isn\u2019t productivity or profits, it\u2019s policy. And that should give market participants pause. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":24430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33],"tags":[32],"class_list":["post-24424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-week_ahead","tag-analysis"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/24424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=24424"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/24424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/24430"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=24424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=24424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=24424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}