About: josephine
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Traders focus on data, elections, and earnings after Fed rate cut
The Federal Reserve’s decision to cut rates by 50 basis points sent the benchmark S&P 500 to its first closing all-time high in two months. So far, the index has gained 0.8% in September, a month historically known for weaker performance in equities. -vtmarkets.com
Written on August 20, 2026 at 2:00 am
Categories: Today's Analysis
Gold prices near record highs as Fed’s aggressive rate cut drives demand
Gold prices remained strong after the U.S. Federal Reserve cut rates by half a percentage point last week. With further rate cuts expected by the year’s end, gold continues to attract demand, as lower interest rates typically boost the appeal of zero-yield assets like gold. -vtmarkets.com
Written on August 20, 2026 at 2:00 am
Categories: Today's Analysis
Copper prices edge higher on positive sentiment after Fed rate cut
Copper prices edge higher after the rate cut from the U.S. Federal Reserve, with further support stemming from improving U.S. economic sentiment and rising demand from China. -vtmarkets.com
Written on August 20, 2026 at 2:00 am
Categories: Today's Analysis
Kiwi holds steady as traders await upcoming U.S. economic data
The New Zealand dollar holds steady as traders focus on U.S. economic data and upcoming RBNZ rate cuts on domestic economic contraction. Short-term outlook remains cautious as global and local factors play a role. -vtmarkets.com
Written on August 20, 2026 at 2:00 am
Categories: Today's Analysis
Australian Dollar Approaches 2024 High as China Lowers Rates Ahead of RBA Decision
Though economists widely expect the RBA to hold interest rates steady, the market seems divided on the potential for cuts in the near term. Reuters’ poll of 44 economists shows just four anticipate a reduction by year-end, while traders see a roughly 60% chance of a cut. -vtmarkets.com
Written on August 20, 2026 at 1:59 am
Categories: Today's Analysis
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