About: josephine
Recent Posts by josephine
Rupee expected to struggle as positive US data strengthens dollar
Key points: The Indian rupee is likely to face pressure at the start of the week following a rise in U.S. business activity to a two-year high, which has bolstered demand for the dollar. Non-deliverable forwards indicate the rupee (USDINR) will open slightly weaker against the U.S. dollar from its previous close of 83.5325. The Continue Reading
Written on August 20, 2026 at 2:35 am
Categories: Today's Analysis
Bank Indonesia maintains interest rates despite rupiah weakness
Bank Indonesia (BI) signals that there is no necessity for rate hikes despite the decline of the IDR to 2020 lows. Explore how BI will stabilise and manage inflation.
Written on August 20, 2026 at 2:35 am
Categories: Today's Analysis
US dollar bullish in anticipation of the PCE inflation data release
Key points: The US dollar index (Symbol: USDX) is trading in a bullish momentum after two consecutive days of gains lifted its valuation. Broadly, the US dollar was off to a strong start this week as markets ramped up momentum across the board in anticipation of the upcoming personal consumption expenditures index (PCE), which will Continue Reading
Written on August 20, 2026 at 2:35 am
Categories: Today's Analysis
China’s yuan hits 7-month low due to weak PBOC guidance
Key points: China’s yuan eased to a fresh seven-month low against the dollar on Tuesday, signaling its sixth consecutive monthly decline as the central bank, the People’s Bank of China (PBOC), continued to set weaker official fixings. Despite the dollar’s overnight retreat, the yuan remained close to the lower end of its daily trading band, Continue Reading
Written on August 20, 2026 at 2:35 am
Categories: Today's Analysis
Gold prices edge lower in anticipation of key US inflation data
Key points: Gold prices (Symbol: XAUUSD) edged lower on Tuesday, with the markets anticipating key US inflation data, namely the personal consumption expenditures index (PCE). The PCE announcement on Friday could shed light on the stance of the Federal Reserve on interest rate cuts. Gold prices declined to $2,324.69 per ounce, driven by a surge in the Continue Reading
Written on August 20, 2026 at 2:35 am
Categories: Today's Analysis
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