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Today's Analysis

20

Aug 2026
Copper prices edge higher on positive sentiment after Fed rate cut

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

20

Aug 2026
Kiwi holds steady as traders await upcoming U.S. economic data

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

20

Aug 2026
Australian Dollar Approaches 2024 High as China Lowers Rates Ahead of RBA Decision

Though economists widely expect the RBA to hold interest rates steady, the market seems divided on the potential for cuts in the near term. Reuters’ poll of 44 economists shows just four anticipate a reduction by year-end, while traders see …

20

Aug 2026
Nikkei Hits 3-Week High on Wall Street Gains and BOJ Dovishness

Key points: The Nikkei climbed to a three-week high as trading resumed after a long holiday weekend in Japan. Boosted by Wall Street’s performance overnight, the Nikkei surged by 1.5%, reaching 38,293.34 in early trading.  Earlier in the session, it …

20

Aug 2026
USDJPY Stalls Near Key Resistance Ahead of Tokyo Fiscal Half-End

USDJPY pulls back on narrowing US-Japan interest rate differentials. With the fiscal half-end of Tokyo approaching, volatility is expected. Insights into support and resistance levels for traders. -vtmarkets.com

20

Aug 2026
Euro Slips on Weaker PMIs and Potential ECB Rate Cuts

The euro dropped on weak PMI data in Germany and France, raising expectations of ECB rate cuts. Investors now foresee 44 basis points in reductions by year-end. -vtmarkets.com

20

Aug 2026
Gold Near Record Highs Amid Middle East Tensions and Weak Dollar

Gold prices remained elevated at $2,658.07 per ounce after reaching a record high of $2,664.25. This move higher can be traced to two major factors. First, the dollar weakened by 0.2%, making dollar-denominated gold cheaper for holders of other currencies. …

20

Aug 2026
Australian Dollar Hits 19-Month Peak, Kiwi Reaches Yearly Highs

Key points: We saw the Australian dollar climbing to $0.6890, coming close to the $0.6908 mark, a level not touched since early 2023. Breaking these levels has opened the door for further movement towards $0.7030 and $0.7088. This momentum has …

20

Aug 2026
Oil Prices Consolidate on Mixed Market Signals

Oil prices consolidate as U.S. crude oil inventories decline, but waning optimism over the Chinese economic stimulus and rising Middle East tensions keep markets in a cautious state. -vtmarkets.com

20

Aug 2026
S&P 500 Hits Record High on Renewed Optimism over Rate Cuts

The S&P 500 hit new record highs as semiconductor stocks rallied and traders increased bets on further interest rate cuts. Investors now focus on upcoming economic data for insights into the Fed’s policy direction. -vtmarkets.com

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