Monthly Archives: August 2026
Kiwi Rebounds as Military Actions from Iran Start Easing
Written on August 20, 2026 at 1:56 am, by josephine
The New Zealand dollar (Symbol: NZDUSD) has regained some ground, edging closer to $0.63, after sharp declines on Monday. The fall, a result of heightened risks stemming from Iran’s missile attacks on Israel, spooked traders globally. -vtmarkets.com
U.S. Stocks Slip Amid Fear and Greed Index Drop
Written on August 20, 2026 at 1:56 am, by josephine
The CNN Money Fear and Greed Index shows a drop in market sentiment, while U.S. stocks fell as Middle East concerns weighed on markets. Tech giants like Tesla and Apple declined, with energy stocks offering a rare bright spot. – vtmarkets.com
Dollar Strengthens on Solid U.S. Job Data
Written on August 20, 2026 at 1:56 am, by josephine
The U.S. dollar climbed to a one-month high against the yen, supported by robust job numbers, while the yen weakened after Japan signalled no urgency for rate hikes. Meanwhile, the euro remains under pressure amid geopolitical tensions and expectations of an ECB rate cut. -vtmarkets.com
Gold Steady as Middle East Tensions Rise, US Data in Focus
Written on August 20, 2026 at 1:56 am, by josephine
Gold prices remained steady at $2,659.05 per ounce on Thursday, as traders focused on growing turmoil in the Middle East and awaited key U.S. economic data that could influence interest rate expectations. -vtmarkets.com
Aussie Hits 2-Month High Against Yen, Kiwi Struggles
Written on August 20, 2026 at 1:56 am, by josephine
The Australian dollar surged 2% overnight to reach 101.25 yen, breaking through the 100.00 resistance barrier. This surge came as Japan’s newly appointed Prime Minister, Shigeru Ishiba, signalled opposition to further interest rate hikes, a shift in stance from his earlier hawkish position. -vtmarkets.com
S&P 500 Closes Flat as Tech Gains Pressured by Middle East Tensions
Written on August 20, 2026 at 1:56 am, by josephine
Nvidia’s gains lifted the tech sector, but Tesla’s drop and Middle East tensions kept the S&P 500 flat as traders remained cautious. Focus now shifts to Friday’s U.S. non-farm payroll report, which could influence the Federal Reserve’s next interest rate decision. – vtmarkets.com
Rupee Under Pressure as Dollar Gains Strength
Written on August 20, 2026 at 1:55 am, by josephine
The Indian rupee is expected to open near 83.92-83.94, pressured by a stronger U.S. dollar driven by robust jobs data and reduced expectations for a large Fed rate cut. Rising oil prices due to Middle East tensions add further downside risks for the rupee. – vtmarkets.com
Gold Steady as Markets Await U.S. Payroll Data, Interest Rate Forecast in Focus
Written on August 20, 2026 at 1:55 am, by josephine
Gold prices remain flat, with markets closely watching upcoming U.S. nonfarm payroll data and its potential impact on Federal Reserve rate decisions. Other precious metals, including silver and platinum, show mixed performance as geopolitical tensions and economic indicators drive cautious sentiment. – vtmarkets.com
Oil Prices Rise on Middle East Tensions, Limited by Global Supply
Written on August 20, 2026 at 1:55 am, by josephine
Oil prices inch higher on concerns over Middle East conflict, however as global supply remains stable, potential price spikes remain moderated. – vtmarkets.com
USDCNH on the Move Amid Beijing’s Stimulus
Written on August 20, 2026 at 1:55 am, by josephine
Beijing’s stimulus package is boosting Chinese stocks, but its effect on the yuan is under scrutiny as USDCNH continues its bullish momentum. Traders are closely watching the interplay between China’s economic recovery efforts and U.S. economic data for market direction. – vtmarkets.com