About: josephine
Recent Posts by josephine
Asian shares fall as Nvidia’s earnings disappoint; investors focus on U.S. jobless claims
Key points: Asian shares declined on Thursday, tracking Wall Street futures lower, as Nvidia’s earnings report did not meet the lofty expectations of bullish investors. Although Nvidia’s third-quarter revenue forecast of $32.5 billion exceeded Wall Street estimates, it fell short of the high bar set by those who had fuelled a 180% rally in its Continue Reading
Written on August 20, 2026 at 2:09 am
Categories: Today's Analysis
Yuan firms against dollar as markets await key U.S. inflation and China PMI data
Key Points: The Chinese yuan (Symbol: USDCNH) recovered from three consecutive sessions of decline as traders brace for significant economic data releases, including the U.S. inflation report and China’s manufacturing PMI. The movement of the Chinese yuan has largely been constrained within a narrow trading range, with market participants closely monitoring the U.S. dollar and Continue Reading
Written on August 20, 2026 at 2:09 am
Categories: Today's Analysis
The British pound faces key test as it retreats from 2024 highs
Key Points: The British pound saw a pullback retreating from its recent gains against the U.S. dollar. Despite this decline, the pound remains close to its 2024 high of $1.3269. For enthusiasts, limiting the decline to a shallow slide could signal a growing bid for cable, especially given the underlying support from rate differentials. Picture: Continue Reading
Written on August 20, 2026 at 2:09 am
Categories: Today's Analysis
Dollar set to break 5-week losing streak as Fed rate cut expectations diminish
The U.S. dollar is on track to snap a five-week losing streak, trading near a one-week high against major peers on Friday. This rebound comes as robust U.S. economic data has led traders to pare back their bets on aggressive Federal Reserve interest rate cuts. -vtmarkets.com
Written on August 20, 2026 at 2:09 am
Categories: Today's Analysis
Aussie and kiwi poised to end the month with solid gains as U.S. dollar weakens
The Australian and New Zealand dollars are on track to finish the month with strong gains, buoyed by breaks through key chart barriers and a waning U.S. dollar. The Australian dollar (AUD) stood at $0.6797 after reaching an eight-month high of $0.6823, marking a 3.9% gain for the month. -vtmarkets.com
Written on August 20, 2026 at 2:09 am
Categories: Today's Analysis
Recent Comments by josephine
No comments by josephine yet.
