Monthly Archives: August 2026
EURUSD hits a new high for the first time in 2024
Written on August 20, 2026 at 2:10 am, by josephine
The euro hits a new high for 2024 as the U.S. dollar falters following dovish remarks from the Federal Reserve. Explore the implications for forex traders and the market outlook. -vtmarkets.com
Japanese yen slips as the U.S. dollar rebounds
Written on August 20, 2026 at 2:10 am, by josephine
The Japanese yen falls back, retreating from a three-week high as the U.S. dollar regains ground. Explore the factors influencing the movement of JPY and the potential trading opportunities ahead. -vtmarkets.com
Currencies steady as markets await U.S. interest rate decisions
Written on August 20, 2026 at 2:10 am, by josephine
The U.S. dollar held near its lowest point in more than a year against a basket of currencies on Wednesday. This stability in the dollar comes as traders await crucial signals from the Federal Reserve on the expected interest rate cuts next month. -vtmarkets.com
Soybean, corn and wheat prices under pressure from supply increase
Written on August 20, 2026 at 2:10 am, by josephine
Soybean prices dipped after reaching a two-week high, while corn and wheat also declined amid ample global supplies and changing weather conditions. Explore what this means for short-term traders. -vtmarkets.com
Oil prices recover as Libya supply issues and demand concerns impact markets
Written on August 20, 2026 at 2:10 am, by josephine
Market participants, and the price action for crude oil, are caught between potential supply disruptions from geopolitical tensions in Libya and the Middle East and concerns over weakening global fuel demand. -vtmarkets.com
S&P 500 retraces as the markets eye Nvidia earnings for AI demand insights
Written on August 20, 2026 at 2:10 am, by josephine
The S&P 500 retraced ahead of the Nvidia earnings report, with investors keen on assessing the strength of the AI-driven tech rally. Corporate news also influenced market sentiment as Nordstrom and Ambarella surged on earnings beats, while PVH and Paramount slipped on weak guidance and acquisition concerns. -vtmarkets.com
Aussie targets $0.6871 on strong inflation data; kiwi gains on confidence boost
Written on August 20, 2026 at 2:10 am, by josephine
Key points: The Australian and New Zealand dollars have held firm near their eight-month highs, driven by a weakening U.S. dollar and momentum from technical buyers aiming to push through chart resistance levels. The Australian dollar (AUDUSD) currently trades around $0.6793, just below its recent peak of $0.6812. As momentum builds, support is identified at $0.6759 Continue Reading
Asian shares fall as Nvidia’s earnings disappoint; investors focus on U.S. jobless claims
Written on August 20, 2026 at 2:09 am, by josephine
Key points: Asian shares declined on Thursday, tracking Wall Street futures lower, as Nvidia’s earnings report did not meet the lofty expectations of bullish investors. Although Nvidia’s third-quarter revenue forecast of $32.5 billion exceeded Wall Street estimates, it fell short of the high bar set by those who had fuelled a 180% rally in its Continue Reading
Yuan firms against dollar as markets await key U.S. inflation and China PMI data
Written on August 20, 2026 at 2:09 am, by josephine
Key Points: The Chinese yuan (Symbol: USDCNH) recovered from three consecutive sessions of decline as traders brace for significant economic data releases, including the U.S. inflation report and China’s manufacturing PMI. The movement of the Chinese yuan has largely been constrained within a narrow trading range, with market participants closely monitoring the U.S. dollar and Continue Reading
The British pound faces key test as it retreats from 2024 highs
Written on August 20, 2026 at 2:09 am, by josephine
Key Points: The British pound saw a pullback retreating from its recent gains against the U.S. dollar. Despite this decline, the pound remains close to its 2024 high of $1.3269. For enthusiasts, limiting the decline to a shallow slide could signal a growing bid for cable, especially given the underlying support from rate differentials. Picture: Continue Reading
