Monthly Archives: August 2026
Base metals prices see uptick due to softer dollar
Written on August 20, 2026 at 2:20 am, by josephine
Nonferrous metals prices experienced an uptick on Wednesday, bolstered by a weaker dollar. However, the overall monthly trend points to a decline due to subdued demand from China.
Japan banks lead Nikkei higher following BOJ rate hike
Written on August 20, 2026 at 2:20 am, by josephine
Key points: Japan’s Nikkei share average rose on Wednesday, buoyed by banking stocks after the Bank of Japan (BOJ) raised interest rates for the second time since 2007. The Nikkei index was up 0.25% at 38,620.85 as of 0421 GMT, reversing earlier losses. The broader Topix index also turned positive, trading 0.37% higher. See: Nikkei225 Continue Reading
Dollar recovers as Fed hints at cuts; yen firms on BOJ hawkishness
Written on August 20, 2026 at 2:20 am, by josephine
An eventful Wednesday saw the Bank of Japan (BOJ) raise interest rates to levels not seen in 15 years. This prompted traders to reassess popular carry trades before the Federal Reserve held rates steady but hinted at potential rate cuts as U.S. inflation cools.
Fed weighs cutting FOMC meetings to six as tighter stance and leaner signals persist
Written on August 20, 2026 at 2:20 am, by josephine
Fed considers cutting FOMC meetings to six; communications simplified; July vote split; inflation, jobs data drive outlook.
Aussie and Kiwi hold steady as bond rally fuels rate cut hopes
Written on August 20, 2026 at 2:20 am, by josephine
The Australian dollar (AUDUSD) held at $0.6540, recovering from a three-month low of $0.6480 overnight. Support lies around $0.6466, with resistance at $0.6580.
Rupee edges higher with Asian peers; forward premiums increase
Written on August 20, 2026 at 2:20 am, by josephine
The rupee (USDINR) stood at 83.70 against the U.S. dollar as of 11:00 a.m. IST, up from its previous close of 83.72. On Wednesday, the currency had hit a record low of 83.7450. Asian currencies rose between 0.1% and 0.8%, while the dollar index (DXY) was at 104 after declining 0.4% on Wednesday.
Japanese market shakes as BOJ policy shift hits Nikkei
Written on August 20, 2026 at 2:20 am, by josephine
Thursday saw Japan’s Nikkei share average take a sharp tumble as the yen surged following the Bank of Japan’s (BOJ) historic monetary policy meeting on Wednesday.
Yen and Swiss franc near highs as US slowdown fears grow; sterling dips
Written on August 20, 2026 at 2:19 am, by josephine
Key points: The Japanese yen and Swiss franc traded close to multi-month highs against the dollar on Friday. An unexpected drop in U.S. manufacturing sparked fears of an economic slowdown, causing stocks and bond yields to fall sharply. See: Japanese yen on the rise as seen on the VT Markets app. Yen and Swiss franc Continue Reading
Australian and New Zealand dollars face pressure from US growth concerns
Written on August 20, 2026 at 2:19 am, by josephine
Key points: The Australian dollar remained near three-month lows on Friday. Weak U.S. data has increased fears of a sharp slowdown in the world’s largest economy, driving investors to seek safety in the yen and Swiss franc. Aussie slides to near three-month low amid carry trade unwinding Picture: Aussie declines, trading at 0.65137 on the Continue Reading
Japanese yen strengthens on BOJ rate hike speculations
Written on August 20, 2026 at 2:19 am, by josephine
The Japanese yen climbs high at 145 per dollar, driven by BOJ rate hike expectations and weak US jobs data. Explore the market implications and opportunities.
