About: josephine
Recent Posts by josephine
Pound holds steady following election announcement, inflation data
Key points: The British pound held its ground on Thursday, remaining close to multi-month highs, a day after Prime Minister Rishi Sunak announced a national election and new data revealed that inflation in April slowed less than anticipated. Sterling holds steady despite persistent UK inflation concerns Sterling was steady against the dollar at $1.2722, slightly Continue Reading
Written on August 20, 2026 at 2:48 am
Categories: Today's Analysis
More bearish momentum for crude oil
Key Points: This article is a follow-up to: Why crude oil futures may continue their spiral downwards in May Both Brent and WTI crude futures experienced significant declines. Brent crude futures (Symbol: UKOUSDft-E) fell toward $81 per barrel, while WTI crude futures dropped to $76 per barrel (Symbol: CL-OIL), continuing their respective four-session losing streaks. Continue Reading
Written on August 20, 2026 at 2:48 am
Categories: Today's Analysis
A technical assessment of gold, Cable, Ninja, and Nvidia performance in May
Gold (XAU/USD) experienced a sharp drop on Wednesday, settling just above the important support level of $2,375. This support is vital for bulls, as holding this line could prevent a deeper retracement towards $2,360. Should the weakness continue, the focus might shift to $2,335, which represents the 38.2% Fibonacci retracement of the 2024 rally. In Continue Reading
Written on August 20, 2026 at 2:48 am
Categories: Today's Analysis
Chicago wheat set for biggest weekly gain in a month on global crop concerns
Key points: Chicago wheat prices gained more ground on Friday, poised for their largest weekly rise in a month, driven by concerns over crop losses in the Black Sea region and other key exporting countries. The most-active wheat contract on the Chicago Board of Trade (CBOT) rose 0.4% to $7.01 a bushel, taking the weekly Continue Reading
Written on August 20, 2026 at 2:48 am
Categories: Today's Analysis
Dollar rises as traders scale back US rate cut expectations
Key points: The dollar surged this week, marking its largest weekly rise in over a month. Surprisingly strong U.S. economic data has left markets on edge about the outlook for U.S. inflation and interest rates. In May, U.S. business activity accelerated to its highest level in just over two years. Manufacturers reported surging input prices, Continue Reading
Written on August 20, 2026 at 2:48 am
Categories: Today's Analysis
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