Monthly Archives: August 2026
Rupee hovering at weak levels as dollar struggles before key U.S. jobs data
Written on August 20, 2026 at 2:06 am, by josephine
Key Points: The Indian rupee (Symbol: USDINR) is poised to remain near its weakest level of 84 against the U.S. dollar as markets await crucial U.S. jobs data, which could shape the Federal Reserve’s interest rate decision at its upcoming September meeting. Picture: USDINR hovering near its record low, as observed on the VT Markets Continue Reading
NZDUSD holds steady as U.S. jobs data looms
Written on August 20, 2026 at 2:05 am, by josephine
Key Points: The New Zealand dollar (Symbol: NZDUSD) remained stable at $0.6221 after a week of minor losses. Picture: NZDUSD price steady as US jobs data looms, as observed on the VT Markets app. The markets are now focusing on the upcoming U.S. jobs data to gain insights into recession risks and the potential pace Continue Reading
Dollar holds steady while yen slips amid ongoing Fed rate-cut debate
Written on August 20, 2026 at 2:05 am, by josephine
Key points: The dollar held steady on Monday as investors remained uncertain about the size of an anticipated Federal Reserve rate cut this month. Meanwhile, the yen lost some ground after last week’s rise, reflecting a pullback in risk aversion. Friday’s US jobs report added to the ambiguity in the market. Although the report revealed Continue Reading
Japan’s Nikkei drops 3% as tech stocks track Wall Street’s decline
Written on August 20, 2026 at 2:05 am, by josephine
Key points: Japan’s Nikkei 225 index dropped 3.02% on Monday, falling to 35,292.62 as of 0050 GMT, dragged down by technology and financial stocks. The drop followed a similar sharp decline on Wall Street, where tech stocks had experienced broad sell-offs. This marks the first time since August 13 that the Nikkei has broken below Continue Reading
Oil prices rebound as U.S. Gulf coast braces for hurricane
Written on August 20, 2026 at 2:05 am, by josephine
Key Points: Oil prices made a sharp recovery as the threat of a hurricane in the U.S. Gulf Coast sparked concerns over potential supply disruptions. West Texas Intermediate (WTI) oil prices (Symbol: USOUSD) rose to $68.39 per barrel, while Brent crude oil prices (Symbol: UKOUSD) increased to $71.77 per barrel. Picture: Oil prices increase as Continue Reading
Gold prices silences as markets await key Fed decision on rate cuts
Written on August 20, 2026 at 2:05 am, by josephine
Key Points: Gold prices (Symbol: XAUUSD) held near $2,500 per ounce as markets turned to speculate on the Fed’s upcoming interest rate decision, after the U.S. labour market presented a complex picture for investors. Picture: XAUUSD prices silenced as markets await the Fed’s interest rate decision, as observed on the VT Markets app. U.S. economic Continue Reading
Gold prices stable as investors prepare for US inflation report
Written on August 20, 2026 at 2:05 am, by josephine
Key points: Gold prices remained stable on Tuesday as investors awaited critical U.S. inflation data, which could provide clues on the Federal Reserve’s upcoming monetary policy decisions. Both the Consumer Price Index (CPI) and Producer Price Index (PPI) data, due later this week, are expected to play a crucial role in shaping market expectations for Continue Reading
Insights for investors on the iPhone 16 Pro launch at the Apple event
Written on August 20, 2026 at 2:04 am, by josephine
Key points: Apple hosted its highly anticipated September event, unveiling several new products, including the iPhone 16 Pro. This announcement is especially timely, as investors look for indications of how these products might influence Apple’s performance in the coming quarters. While the tech giant remains a leader in the market, the pressure is on to Continue Reading
Aussie drops to 3-week low on weak sentiment and domestic data
Written on August 20, 2026 at 2:04 am, by josephine
Key Points: The Australian dollar extended its recent losses, falling below $0.666, marking a three-week low as weak domestic economic data and cautious global market sentiment weighed on the currency. Picture: AUDUSD dips below $0.666 due to weak consumer sentiment, as observed on the VT Markets app. A private survey showed a dip in consumer Continue Reading
Sterling falls as the U.S. dollar gains on jobs-fueled rally
Written on August 20, 2026 at 2:04 am, by josephine
Key Points: The GBPUSD pair experienced a sharp reversal, with the pound erasing more than 1% in gains due to a sudden surge in the US dollar following the release of the US jobs report. Picture: GBPUSD pair dropped 1% as the US dollar rallied, as observed on the VT Markets app. Earlier in the Continue Reading
