About: josephine
Recent Posts by josephine
Dollar strengthens ahead of news on global inflation
Key points: The dollar started the week on a firm note as traders awaited crucial inflation data from the U.S., Europe, and Japan. This data is expected to provide clarity on the future of global interest rates. In recent months, the search for yield has dominated foreign exchange markets, with low-interest currencies under pressure while Continue Reading
Written on August 20, 2026 at 2:47 am
Categories: Today's Analysis
Nasdaq index soars as tech stocks continue to rally
Key points: The Nasdaq composite index (Symbol: NAS100) surged on Friday, erasing earlier weekly losses and closing at a record high of 16,920.79. This marks a 1.3% increase for the week, driven by strong performance in tech shares. Standout earnings report from Nvidia (Symbol: NVIDIA) spurred investor interest in AI-related stocks, contributing to the rally Continue Reading
Written on August 20, 2026 at 2:47 am
Categories: Today's Analysis
Gold rises ahead of key US inflation data release
Key points: Gold (Symbol: XAUUSD) rose to $2,339.9 a troy ounce on Monday, making small gains and recovering some of the losses from Friday’s session when the precious metal closed at its lowest level in two weeks. The attention has now turned to the upcoming US Personal Consumption Expenditures (PCE) price index, which is the Federal Continue Reading
Written on August 20, 2026 at 2:47 am
Categories: Today's Analysis
Rupee targets speculative flows after key resistance defeat
Key points The Indian rupee is expected to open steady on Tuesday, influenced by speculative and other flows after failing to breach a key resistance level in recent sessions. Non-deliverable forwards indicate that the rupee (USDINR) will open mostly flat from its previous close of 83.13. The currency approached the psychologically significant level of 83 Continue Reading
Written on August 20, 2026 at 2:47 am
Categories: Today's Analysis
China’s yuan dips as PBOC sets new midpoint
Key points: On Tuesday, China’s yuan slipped slightly as traders remained cautious ahead of key inflation data from major global economies. These reports could provide insights into the short-term trajectory of global interest rates. SEE: The offshore yuan (USDCNH) trading at 7.26184 as seen on the VT Markets app. PBOC weakens rate of yuan in Continue Reading
Written on August 20, 2026 at 2:46 am
Categories: Today's Analysis
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