About: josephine
Recent Posts by josephine
US dollar bullish in anticipation of the PCE inflation data release
Key points: The US dollar index (Symbol: USDX) is trading in a bullish momentum after two consecutive days of gains lifted its valuation. Broadly, the US dollar was off to a strong start this week as markets ramped up momentum across the board in anticipation of the upcoming personal consumption expenditures index (PCE), which will Continue Reading
Written on August 20, 2026 at 2:35 am
Categories: Today's Analysis
China’s yuan hits 7-month low due to weak PBOC guidance
Key points: China’s yuan eased to a fresh seven-month low against the dollar on Tuesday, signaling its sixth consecutive monthly decline as the central bank, the People’s Bank of China (PBOC), continued to set weaker official fixings. Despite the dollar’s overnight retreat, the yuan remained close to the lower end of its daily trading band, Continue Reading
Written on August 20, 2026 at 2:35 am
Categories: Today's Analysis
Gold prices edge lower in anticipation of key US inflation data
Key points: Gold prices (Symbol: XAUUSD) edged lower on Tuesday, with the markets anticipating key US inflation data, namely the personal consumption expenditures index (PCE). The PCE announcement on Friday could shed light on the stance of the Federal Reserve on interest rate cuts. Gold prices declined to $2,324.69 per ounce, driven by a surge in the Continue Reading
Written on August 20, 2026 at 2:35 am
Categories: Today's Analysis
Japan’s Nikkei climbs to mid-April high on value stock surge and weaker yen
Key points: Japan’s Nikkei share average closed on Tuesday at its highest level in more than two months, marking a significant rally to 39,173.15, a 0.95% increase. The broader Topix climbed 1.72% to 2,787.37. This upswing reflects a shift in investor focus towards value stocks, moving away from semiconductor and other high-tech shares. The rally Continue Reading
Written on August 20, 2026 at 2:35 am
Categories: Today's Analysis
Nvidia boosts stock gains; Dollar edges higher against yen
Key points Global stock indexes mostly climbed on Tuesday, with shares of AI chipmaker Nvidia bouncing after a three-day sell-off, while the dollar gained slightly against the Japanese yen. Nvidia’s stock (NVDA) ended up 6.8%. The Nasdaq jumped more than 1%, also ending a three-day losing streak, while the S&P 500 technology (S5INFT) and communication Continue Reading
Written on August 20, 2026 at 2:34 am
Categories: Today's Analysis
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