About: josephine
Recent Posts by josephine
Yen fluctuates with intervention talks; Asian shares on track for weekly gain
The yen experienced significant swings on Friday, reflecting investor nervousness after Tokyo likely intervened to support the Japanese currency following a cooler-than-expected U.S. inflation report. Learn what to expect for the Yen in coming weeks.
Written on August 20, 2026 at 2:28 am
Categories: Today's Analysis
Mexican peso strengthens as Banxico maintains cautious stance in rising inflation
The Mexican peso rebounded against a weaker US dollar and the cautious stance on inflation by Banxico. Read more about the market implications and forecasts.
Written on August 20, 2026 at 2:28 am
Categories: Today's Analysis
Gold slips as dollar strengthens; investors await Fed rate signals
Spot gold prices decreased by 0.2% to $2,407.29 per ounce as of 0049 GMT. Concurrently, U.S. gold futures saw a 0.4% decline to $2,411.20. Learn how the firming dollar, spurred by political uncertainties and an attack on U.S. presidential candidate Donald Trump, made gold more expensive for buyers holding other currencies.
Written on August 20, 2026 at 2:28 am
Categories: Today's Analysis
Nasdaq and tech stocks plunge as inflation data spurs sell-off
Tech stocks tumbled, leading the Nasdaq Composite to drop 2% as easing inflation data spurred a sell-off. Tech giants lost over $600 billion valuation.
Written on August 20, 2026 at 2:28 am
Categories: Today's Analysis
US Dollar retreats on cooling inflation data, Euro and Pound surge
US dollar retreats as cooling inflation fuels rate cut speculation. Euro and pound surge while volatility spikes for yen. More about the market implications and forecasts.
Written on August 20, 2026 at 2:27 am
Categories: Today's Analysis
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