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Emerging Asian currencies and stocks surge anticipating Fed decision
Emerging Asian currencies and stocks experienced gains on Wednesday as traders awaited the US Federal Reserve’s policy decision. The South Korean won and the Thai baht led the way among currencies, rising by 0.6% and 0.5%, respectively.
Written on August 20, 2026 at 2:20 am
Categories: Today's Analysis
Australian dollar drops to 3-month low as market anticipates rate cuts
The Australian dollar fell to a three-month low on Wednesday following a softer reading on core inflation. This change in data dampened expectations for further rate hikes and caused a surge in bond futures.
Written on August 20, 2026 at 2:20 am
Categories: Today's Analysis
Base metals prices see uptick due to softer dollar
Nonferrous metals prices experienced an uptick on Wednesday, bolstered by a weaker dollar. However, the overall monthly trend points to a decline due to subdued demand from China.
Written on August 20, 2026 at 2:20 am
Categories: Today's Analysis
Japan banks lead Nikkei higher following BOJ rate hike
Key points: Japan’s Nikkei share average rose on Wednesday, buoyed by banking stocks after the Bank of Japan (BOJ) raised interest rates for the second time since 2007. The Nikkei index was up 0.25% at 38,620.85 as of 0421 GMT, reversing earlier losses. The broader Topix index also turned positive, trading 0.37% higher. See: Nikkei225 Continue Reading
Written on August 20, 2026 at 2:20 am
Categories: Today's Analysis
Dollar recovers as Fed hints at cuts; yen firms on BOJ hawkishness
An eventful Wednesday saw the Bank of Japan (BOJ) raise interest rates to levels not seen in 15 years. This prompted traders to reassess popular carry trades before the Federal Reserve held rates steady but hinted at potential rate cuts as U.S. inflation cools.
Written on August 20, 2026 at 2:20 am
Categories: Today's Analysis
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