Monthly Archives: August 2026
Soybeans climb on bargain-buying support; corn and wheat also gain
Written on August 20, 2026 at 2:18 am, by josephine
Chicago soybeans gained 0.2%, reaching $10.20-1/4 a bushel as of 0025 GMT, marking their first rise in three sessions. Corn futures edged up by 0.1% to $4.01 a bushel, and wheat inched higher by 0.1% to $5.38-3/4 a bushel.
Gold edges up on improved Fed rate cut expectations and Mideast tensions
Written on August 20, 2026 at 2:18 am, by josephine
Key points Spot gold prices rose 0.3% to $2,387.37 per ounce as of 0157 GMT. Meanwhile, U.S. gold futures dipped by 0.3% to $2,426.00 per ounce. These movements reflect market anticipation of an interest rate cut by the U.S. Federal Reserve, with a 72% probability of a 50 basis points cut in September, up from Continue Reading
GBPUSD slides toward double bottom as BoE rate cut hits
Written on August 20, 2026 at 2:17 am, by josephine
GBPUSD forming potential double bottom after the rate cut decision from the BoE. Explore market impacts and short-term trading opportunities in the British pound.
Oil prices tick up on sharp fall in US crude oil inventories
Written on August 20, 2026 at 2:17 am, by josephine
Oil prices edged higher after a significant drop in US crude inventories, rebounding from multi-month lows. Learn more about the factors influencing the oil market.
NZDUSD holds gains as rate cut bets ease after positive employment data
Written on August 20, 2026 at 2:17 am, by josephine
Key Points The New Zealand dollar (Symbol: NZDUSD) maintained its position, staying close to a two-week high reached in the previous session. This stability comes on the back of mixed domestic economic data and external influences from a softer US dollar Picture: NZDUSD trades near a two-week high after positive employment data, as observed on Continue Reading
Rupee holds near record low despite positive Asian market cues
Written on August 20, 2026 at 2:17 am, by josephine
Key Points This is a follow up article to: Rupee may drop to near 84/USD The Indian rupee has a relatively unchanged opening on Friday, hovering near its all-time low despite the positive sentiment seen across Asian markets. Picture: USDINR price at record low despite positive asian market cues, as observed on the VT Markets Continue Reading
Gold prices hold steady ahead of key US inflation data
Written on August 20, 2026 at 2:17 am, by josephine
Gold prices remained stable as traders await crucial US inflation data this week, which could impact the Federal Reserve’s upcoming interest rate decision.
Copper prices dip with fear of U.S. recession
Written on August 20, 2026 at 2:17 am, by josephine
Copper prices fell as markets weighed ongoing economic uncertainties and awaited key demand outlook indicators. Copper dipped, reflecting cautious market sentiment.
Soybeans hit a four-year low amid record U.S. crop forecast
Written on August 20, 2026 at 2:17 am, by josephine
Greater supply, when meeting a comparatively lower demand, typically leads to an expected drop in prices.
Australian dollar faces resistance while kiwi advances awaiting rate decision
Written on August 20, 2026 at 2:16 am, by josephine
The Australian dollar nudged higher on Tuesday, brushing up against resistance as a rally in Japanese stocks bolstered risk sentiment across the market.
