Monthly Archives: August 2026
Dollar stable as traders await US rate policy updates
Written on August 20, 2026 at 2:49 am, by josephine
Key points: The dollar held steady on Monday as investors anticipated further guidance on the U.S. interest rate trajectory following cautious remarks from Federal Reserve officials. Despite cooling inflation signs, traders are eagerly awaiting more data to gauge future rate cuts. The Japanese yen (USDJPY) started the week on the back foot, weakening to 155.80 Continue Reading
Oil prices up as uncertainty looms over Iran president’s fate
Written on August 20, 2026 at 2:49 am, by josephine
Key points: Oil prices edged higher in early Asian trading on Monday, adding to last week’s gains. This increase came as rescuers searched for Iran’s President following a helicopter crash in the oil-producing nation and as the U.S. moved to replenish its national stockpile. Picture: Oil prices on the rise as seen on VT Markets Continue Reading
Australian Dollar climbs above $0.67 with fresh China stimulus and US Fed rate cut bets
Written on August 20, 2026 at 2:49 am, by josephine
Key Points: The Australian dollar (Symbol: AUDUSD) marched towards four-month highs, priced above $0.67, as fresh stimulus in China and bets for interest rate cuts in the US boosted commodity prices, lifting sentiment in the Australian markets. SEE: The Aussie reacts strongly on the VT Markets trading app Fresh stimulus measures in China Late last Continue Reading
Market implications from the US dollar decline; stock markets await earnings report
Written on August 20, 2026 at 2:49 am, by josephine
Key Points: The U.S. Dollar Index (DXY) experienced a sharp drop due to softer-than-expected consumer price index (CPI) figures. The CPI data had rekindled hopes that the disinflationary trend, which had recently stalled, is now back on track. SEE: The DXY (symbol: USDX.) seeing a significant dip on the VT Markets trading app A drop Continue Reading
Australia, NZ Dollars decline as markets assess rate outlooks
Written on August 20, 2026 at 2:49 am, by josephine
Key points: The Australian and New Zealand dollars faltered on Tuesday as the momentum from last week’s rally dissipated. The market is closely watching the outlook for steady interest rates in both countries. The Australian dollar slipped 0.2% to $0.6654, unable to reclaim its recent four-month high of $0.6714. Key support levels are found under Continue Reading
Why crude oil futures may continue their spiral downwards in May
Written on August 20, 2026 at 2:49 am, by josephine
Key Points: On Tuesday, both Brent and WTI crude oil futures experienced declines. Brent crude oil futures (Symbol: UKOUSDft-V) fell toward $83 per barrel, while the WTI crude oil futures (Symbol: CL-OIL) dropped to $78 per barrel, marking continued losses. SEE: Crude oil experiences downward trend on the VT Markets app. Market participants are closely Continue Reading
Bank of Korea to hold rates, first cut expected in Q4
Written on August 20, 2026 at 2:49 am, by josephine
Key points: The Bank of Korea (BOK) will keep its key policy rate unchanged at 3.50% on May 23, marking the 11th consecutive meeting with no change. The BOK is expected to maintain this rate through the next quarter, with a half-point cut anticipated in Q4 2024, following expected policy easing from other central banks Continue Reading
Copper prices see slight decline with weaker base metals market and firmer US dollar
Written on August 20, 2026 at 2:49 am, by josephine
Key points: On Tuesday, prices of copper (Symbol: COPPER-C) fell from their record high in a broadly weaker base metals market. The three-month copper on the London Metal Exchange (LME) eased 0.8% to $4.90 per pound. Similarly, the most-traded July copper contract on the Shanghai Futures Exchange (SHFE) edged down 0.4% to $5.42 per pound. Continue Reading
US Fed officials tentative on interest rate adjustments with concerns on inflation
Written on August 20, 2026 at 2:48 am, by josephine
Key Points: The US dollar index gained strength following hawkish comments in the minutes from the last FOMC meeting on Wednesday. The minutes revealed that Fed officials are open to raising interest rates again if inflation does not cool off further. Picture: The US Dollar Index showing some strength, as observed on the VT Markets Continue Reading
Gold prices see dip on hawkish Fed minutes
Written on August 20, 2026 at 2:48 am, by josephine
Key points Gold prices fell for a third consecutive session on Thursday following the release of the latest Federal Reserve minutes, which suggested some officials were inclined towards raising interest rates. Market reaction after FOMC Picture: The downside prevails for gold prices as seen in the VT Markets app. Gold is typically seen as an Continue Reading
