About: josephine
Recent Posts by josephine
Indonesian rupiah, Philippine peso top Asian forex losers
Key points: The Indonesian rupiah and the Philippine peso were the biggest losers among Asian currencies on Wednesday. The upward movement in U.S. benchmark Treasury yields boosted the dollar, making investors cautious about an impending inflation report that could shape global monetary policy. Asian currencies set for monthly losses on strong U.S. data Asian currencies, Continue Reading
Written on August 20, 2026 at 2:46 am
Categories: Today's Analysis
Dollar shows uncertainty despite strong data
Key points: The dollar showed little direction on Wednesday, despite the rise in the U.S. Conference Board’s consumer confidence survey for May. This prevented further weakness in the dollar but left the DXY dollar index trading flat just above 104.50. The EUR/USD pair failed to push above 1.09, and GBP/USD could not sustain a rally Continue Reading
Written on August 20, 2026 at 2:46 am
Categories: Today's Analysis
Bank of Japan (BOJ) open to act on excessive Japanese yen decline
Key Points: On Wednesday, Bank of Japan (BOJ) board member Seiji Adachi indicated that the central bank may take monetary policy action if excessive depreciation of the Japanese yen (JPY) persists and significantly impacts inflation expectations. Adachi emphasized the importance of adjusting the degree of monetary support in response to ongoing economic, price and financial Continue Reading
Written on August 20, 2026 at 2:45 am
Categories: Today's Analysis
Gold prices retrace as US dollar and treasury yields rise ahead of key inflation data
Key points: This article is a follow up from: Gold rises ahead of key US data inflation data Gold (Symbol: XAUUSD) declined for the second consecutive session on Thursday, pressured by a stronger US dollar (USD) and rising Treasury yields ahead of key US inflation data. Spot gold retraced to the $2,330.44 per ounce price Continue Reading
Written on August 20, 2026 at 2:45 am
Categories: Today's Analysis
Aussie, Kiwi steady after setback from U.S. bond yields surge
Key points: The Australian and New Zealand dollars have stabilised after experiencing setbacks due to a surge in U.S. bond yields. This rise in yields has dampened risk appetites and obscured the outlook for global rate cuts. Picture: Aussie stabilises as seen on VT Markets app. Currently, the Australian dollar (AUDUSD) is steady at $0.6605, Continue Reading
Written on August 20, 2026 at 2:45 am
Categories: Today's Analysis
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