About: josephine
Recent Posts by josephine
Oil prices hovering at lows with rising supply and uncertain demand
Key points: WTI crude oil (Symbol: USOUSD) hovered near $73 per barrel on Wednesday, maintaining their position at four-month lows after five consecutive sessions of decline. Brent crude oil (Symbol: UKOUSD) also held around $76 per barrel, near three-month lows. Both benchmarks are weighed down by signs of rising global supplies and an uncertain demand outlook. Continue Reading
Written on August 20, 2026 at 2:43 am
Categories: Today's Analysis
US dollar and Singapore dollar trading in consolidation ahead of US economic data release
Key points: The USD/SGD pair is consolidating during the Asian session, holding steady at 1.3462 as traders await crucial US economic data. The focus tonight is on the ISM services PMI report, which is particularly noteworthy as the services sector has been a key driver of the US economy. The report will provide critical clues Continue Reading
Written on August 20, 2026 at 2:43 am
Categories: Today's Analysis
Path for a lower dollar as economic data deteriorates
Key points: The US dollar is experiencing downward pressure as recent economic data reveals a series of setbacks. The GDPNow forecast, which provides an early estimate of the US GDP, indicates an observable downturn in Q2 growth. This shift is compounded by April’s CPI and PCE data, which supports a disinflation narrative, suggesting that inflation Continue Reading
Written on August 20, 2026 at 2:42 am
Categories: Today's Analysis
Loonie sees mixed performance as central bank cuts interest rates for homeowners
Key points: Homeowners across Canada are breathing a sigh of relief following the decision from its central bank to cut interest rates for the first time in four years. Such a move by the Bank of Canada (BoC) provides much-needed relief for households holding variable-rate mortgages. While a single 25-basis point cut may not significantly Continue Reading
Written on August 20, 2026 at 2:42 am
Categories: Today's Analysis
ECB set to cut interest rates following inflation confidence in inflation data
Key points: The European Central Bank (ECB) is poised to make its first interest rate cut since 2019, with a 25-basis point reduction anticipated on Thursday. This move comes from increased confidence that inflation will return to the level targeted by the ECB. Such a decision to cut rates signals a shift in its monetary Continue Reading
Written on August 20, 2026 at 2:42 am
Categories: Today's Analysis
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