Monthly Archives: August 2026
Yen nears a 5-week high as traders focus on the U.S. presidential debate and inflation report
Written on August 20, 2026 at 2:04 am, by josephine
The yen held close to a five-week high on Wednesday, with USD/JPY at 142.18. The dollar was down 0.2% in early trading, and traders are now focused on upcoming U.S. inflation data and the first U.S. presidential debate between Kamala Harris and Donald Trump. -vtmarkets.com
Chicago wheat steady as Black Sea supplies pressure prices; soybeans up on stable crop ratings
Written on August 20, 2026 at 2:04 am, by josephine
Chicago wheat prices remained largely unchanged on Wednesday, hovering around $5.74-1/4 per bushel, as ample supplies from the Black Sea region continued to weigh on the market. -vtmarkets.com
New Zealand dollar holds steady as markets await US CPI data
Written on August 20, 2026 at 2:04 am, by josephine
New Zealand dollar remains steady as investors await US inflation data, which could guide Federal Reserve’s rate decision next week. -vtmarkets.com
Offshore yuan rebounds as Trump’s election prospects decline
Written on August 20, 2026 at 2:03 am, by josephine
Offshore yuan rebounds past 7.11 per dollar as Donald Trump’s chances of winning the U.S. presidency decline, reducing tariff threats. Traders now focus on U.S. inflation and key Chinese economic data. -vtmarkets.com
Australian and New Zealand dollars hold ground as risk sentiment stabilises
Written on August 20, 2026 at 2:03 am, by josephine
The Australian and New Zealand dollars saw a lift on Thursday, as a rebound in global stock markets and the anticipation of a European Central Bank (ECB) rate cut helped stabilise risk sentiment. -vtmarkets.com
Oil prices remain steady amid mixed demand signals and U.S. hurricane effects
Written on August 20, 2026 at 2:03 am, by josephine
Oil prices remained relatively flat on Thursday, as signs of weakening demand across key economies outweighed the potential supply disruptions caused by U.S. hurricanes.
While such storms usually prompt concerns over reduced oil output, the market is seeing conflicting signals, particularly as energy consumption trends lower in several regions.-vtmarkets.com
Dollar firms up as market bets on smaller Fed rate cut
Written on August 20, 2026 at 2:03 am, by josephine
The dollar fueled by smaller Fed rate cut bets following U.S. inflation data. Markets now expect a 25-bps cut, while political factors create added uncertainty for the greenback. -vtmarkets.com
Gold inches higher as investors eye US data for rate cues
Written on August 20, 2026 at 2:03 am, by josephine
Gold prices rise as traders await key U.S. economic data to gauge the Federal Reserve’s next rate cut decision. Markets expect a 25-basis-point cut. -vtmarkets.com
Traders bet on Fed’s next move, weakening the dollar
Written on August 20, 2026 at 2:03 am, by josephine
Trader sentiment has shifted amid media reports and new economic data, hinting that the Federal Reserve might lean toward a more aggressive interest rate cut. Market participants, guided by the CME FedWatch tool, have increased their expectations for a 50-basis-point cut, now pricing in a 43% chance, up from 27% just a day earlier. -vtmarkets.com
Rupee poised to strengthen as traders anticipate larger Fed rate cut
Written on August 20, 2026 at 2:03 am, by josephine
The Indian rupee looks likely to gain momentum after media reports, including those from the Financial Times and Wall Street Journal, indicated that next week’s Federal Reserve decision might involve a larger-than-expected rate cut. -vtmarkets.com
