About: josephine
Recent Posts by josephine
Rupee Under Pressure From Delayed US Rate Cuts
The Indian rupee closed lower against the U.S. dollar on Monday, settling at 83.41, down from its previous session’s close of 83.34. SEE: USD makes significant gains against INR on VT Markets trading app. Factors such as increased dollar purchases by foreign banks and weakness across Asian currencies shaped this outcome, driven by expectations that the Continue Reading
Written on August 20, 2026 at 2:59 am
Categories: Today's Analysis
Japanese Yen Surges; Is it BoJ Intervention?
In a dramatic turn of events in Asian markets on Monday, the Japanese yen recorded a surge against the dollar, appreciating by 5 yen, with traders attributing this sharp recovery to heavy dollar-selling by Japanese banks. This intervention seemed to be a response to the yen touching fresh 34-year lows earlier in the day. Picture: Continue Reading
Written on August 20, 2026 at 2:58 am
Categories: Today's Analysis
U.S. Inflation Data Weakens Asian Currencies, but Equities See Upswing
29th April 2024 – Following recent inflation data in the United States, which indicated that immediate interest rate cuts are unlikely, currencies in Asian emerging markets experienced subdued activity. The Indonesian rupiah depreciated by 0.3% against the U.S. dollar, while the South Korean won saw a slight retreat of 0.1%. Asian Upswing Contrasting the currency Continue Reading
Written on August 20, 2026 at 2:58 am
Categories: Today's Analysis
Russian Rainfall Leads to Drop in Chicago Wheat Futures
30th April 2024 Chicago wheat futures continued to decline on Tuesday, dropping 0.4% to $6.06 a bushel by 0034 GMT. This move follows a significant 2% decrease on Monday, moving away from last week’s four-month high of $6.33-1/2 a bushel, which was the highest since December 29. SEE: Wheat futures experience a downward trend on Continue Reading
Written on August 20, 2026 at 2:58 am
Categories: Today's Analysis
MARKETS TODAY: Gold Prices On Pause, What’s Next?
ICYMI – 30 April 2024 – Monday marked a modest retreat in gold prices, with the commodity trading lower as market participants hold their breath for major upcoming economic indicators. The trading community is treading lightly, preferring to wait on the sidelines until the Federal Reserve makes its announcement and the latest U.S. job data Continue Reading
Written on August 20, 2026 at 2:58 am
Categories: Today's Analysis
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