Monthly Archives: August 2026
Japan likely conducting intervention to defend the yen
Written on August 20, 2026 at 2:26 am, by josephine
Key Points: This article is a follow up to: Yen fluctuates with intervention talks Japan appears to have intervened in the foreign exchange market to defend the yen on Friday, according to calculations based on data from the Bank of Japan (BoJ) and private money brokers. The daily projection of BoJ released on Tuesday indicated Continue Reading
Oil prices finding a balance between slowing demand and tightening supply
Written on August 20, 2026 at 2:26 am, by josephine
Key Points: Oil prices remained steady reflecting a balance between declining demand growth and tightening supply. Global benchmark Brent crude oil (Symbol: UKOUSD) dropped slightly to $83.62 a barrel. Similarly, US West Texas Intermediate (WTI) crude (Symbol: USOUSD) also fell to $80.65 a barrel. Picture: Oil prices steady as market faces conflicting influences, as observed Continue Reading
Yen soars, investors spooked by intervention fears
Written on August 20, 2026 at 2:26 am, by josephine
Japan’s yen surged to a six-week high on Thursday, sparking rumours of official intervention. Learn how the dollar experienced broad losses as markets anticipate U.S. rate cuts in the near future.
Japan’s Nikkei drops 2% on global chip sell-off and surging yen
Written on August 20, 2026 at 2:26 am, by josephine
Japan’s Nikkei share average fell sharply on Thursday, driven by a global sell-off in chip-related stocks and a strengthening yen. See why the Nikkei (NI225) dropped 2% to 40,277.86 by the midday break, dipping earlier to 40,112.56, the lowest since July 2.
Gold prices rise in anticipation of Fed rate cut and economic uncertainty
Written on August 20, 2026 at 2:26 am, by josephine
Gold prices near record highs as anticipation of a US Fed rate cut boosts demand. Find out more about the factors driving the surge in gold.
AUD directionless after mixed jobs report & rate hike uncertainty
Written on August 20, 2026 at 2:26 am, by josephine
AUD remains steady as mixed employment data clouds the outlook for a rate hike. Read how external factors and central bank actions influence trading opportunities.
British pound holds its strength over stable UK inflation and strong wage growth
Written on August 20, 2026 at 2:25 am, by josephine
The GBPUSD pair reached a one-year high, driven by stable UK inflation and resilient wage growth, while the US dollar faces a challenging week.
Nvidia shares plunge in the face of geopolitical tensions
Written on August 20, 2026 at 2:25 am, by josephine
Nvidia stock prices drop as geopolitical tensions and regulatory concerns spook the market. Explore the implications and forecasts.
Corn, soybeans, and wheat face weekly losses with ample supply
Written on August 20, 2026 at 2:25 am, by josephine
Chicago corn and soybean futures experienced a modest rise on Friday but stayed close to their lowest levels since 2020. This trend points to a challenging week for these agricultural commodities, driven by favourable crop weather in the United States and an expectation of abundant supply.
Taiwan dollar hits 8-year low on chip sell-off
Written on August 20, 2026 at 2:25 am, by josephine
The Taiwanese dollar fell to its lowest level since May 2016, trading at 32.786 per dollar before settling at 32.762, down 0.5%. This decline was driven by a sell-off in chip stocks and concerns over a possible isolationist shift in U.S. policy if Donald Trump wins the presidency.
