Monthly Archives: August 2026
Dollar recovers following the Fed’s sharp rate cut
Written on August 20, 2026 at 2:01 am, by josephine
The U.S. dollar rallied across the board on Thursday, reversing earlier declines after the Federal Reserve delivered an aggressive half-percentage-point interest rate cut. This marked the start of a monetary easing cycle aimed at maintaining low unemployment as inflation softens. -vtmarkets.com
Australia and NZ dollars gain as strong data improves outlook
Written on August 20, 2026 at 2:01 am, by josephine
The Australian dollar managed to recover from early losses on Thursday, trading at $0.6781, having bounced back from a low of $0.6737. Overnight, the Aussie had reached as high as $0.683 after the Federal Reserve’s decision to reduce rates by 50 basis points. -vtmarkets.com
Gold steady at record levels on central bank moves
Written on August 20, 2026 at 2:01 am, by josephine
Gold prices hold steady near record levels as central bank policies support its safe-haven appeal. Learn how these factors shape market dynamics. -vtmarkets.com
Oil prices on track to finish the week higher following US rate cut
Written on August 20, 2026 at 2:00 am, by josephine
Brent futures, which were trading down 26 cents or 0.4% at $73.62 a barrel early on Friday, have still gained 4.3% over the week. Similarly, US WTI crude, slightly down by 0.2% at $71.80, registered a 4.8% rise for the week. -vtmarkets.com
The Chinese yuan strengthens to a 16-month high on Fed rate cut
Written on August 20, 2026 at 2:00 am, by josephine
The Chinese yuan surges to a 16-month high as traders bet on stimulus from Beijing, following the recent rate cut by the U.S Federal Reserve. Explore the latest market movements and trader outlook. -vtmarkets.com
Japan’s Nikkei posts best week since mid-August, but yen strength caps gains
Written on August 20, 2026 at 2:00 am, by josephine
The Nikkei index surged by as much as 2.21% during early trading on Friday before paring gains later in the day, closing 1.53% higher at 37,723.91. This marks its best weekly performance in over a month, with a weekly rise of 1.57%. -vtmarkets.com
Traders focus on data, elections, and earnings after Fed rate cut
Written on August 20, 2026 at 2:00 am, by josephine
The Federal Reserve’s decision to cut rates by 50 basis points sent the benchmark S&P 500 to its first closing all-time high in two months. So far, the index has gained 0.8% in September, a month historically known for weaker performance in equities. -vtmarkets.com
Gold prices near record highs as Fed’s aggressive rate cut drives demand
Written on August 20, 2026 at 2:00 am, by josephine
Gold prices remained strong after the U.S. Federal Reserve cut rates by half a percentage point last week. With further rate cuts expected by the year’s end, gold continues to attract demand, as lower interest rates typically boost the appeal of zero-yield assets like gold. -vtmarkets.com
Copper prices edge higher on positive sentiment after Fed rate cut
Written on August 20, 2026 at 2:00 am, by josephine
Copper prices edge higher after the rate cut from the U.S. Federal Reserve, with further support stemming from improving U.S. economic sentiment and rising demand from China. -vtmarkets.com
Kiwi holds steady as traders await upcoming U.S. economic data
Written on August 20, 2026 at 2:00 am, by josephine
The New Zealand dollar holds steady as traders focus on U.S. economic data and upcoming RBNZ rate cuts on domestic economic contraction. Short-term outlook remains cautious as global and local factors play a role. -vtmarkets.com
