About: josephine
Recent Posts by josephine
Rupee will rely on Powell’s testimony to end deadlock
Key points The Indian rupee is poised to open largely unchanged on Tuesday as traders eagerly await Federal Reserve Chair Jerome Powell’s testimony before Congress. The rupee’s movement has been constrained within a broad range of 83.35-83.60 against the U.S. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. Opening Continue Reading
Written on August 20, 2026 at 2:30 am
Categories: Today's Analysis
Wheat and soybean prices stabilise with improved crop conditions
Wheat and soybean prices steadied after sharp declines as better-than-expected crop conditions are reported. Read more for the forecast and trading opportunities.
Written on August 20, 2026 at 2:29 am
Categories: Today's Analysis
Dollar strengthens on Powell’s caution; Kiwi weakens post-dovish central bank
Key points: Dollar firms on Powell’s caution See: Dollar index trading at 104.768 as seen on the VT Markets app. Powell highlighted a cooling job market, indicating that the Fed faces “two-sided risks” and cannot focus solely on inflation. This statement underpinned the dollar’s rebound, with the dollar index (DXY), which measures the U.S. currency Continue Reading
Written on August 20, 2026 at 2:29 am
Categories: Today's Analysis
Nasdaq and S&P 500 hit new highs as jobs data spurs rate cut hopes
Nasdaq and S&P 500 soar to fresh records on optimism sparked by a cooling labor market. Upcoming CPI data and Powell’s speech could influence future rate cuts.
Written on August 20, 2026 at 2:29 am
Categories: Today's Analysis
Oil drops as US Gulf supply worries ease and China inflation weakens
Key points: Oil prices dipped on Wednesday as the impact from Hurricane Beryl dissipated and inflation data highlighted persistently weak consumer demand in top crude importer China. Picture: Oil prices decline as seen on the VT Markets app. Brent and WTI crude prices fall as US gulf supply concerns ease As of 0632 GMT, Brent Continue Reading
Written on August 20, 2026 at 2:29 am
Categories: Today's Analysis
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