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About: josephine

Recent Posts by josephine

Gold dips as traders eye Fed rate cut and U.S. jobs data

Gold prices have taken a step back from their record highs as traders closely monitor developments around the U.S. Federal Reserve’s rate decisions and upcoming economic data.

Rupee under pressure despite dovish Fed minutes; downside bias persists

The Indian rupee is likely to start Thursday’s session with little change, despite the U.S. Federal Reserve’s dovish minutes failing to provide a lift to Asian currencies. The 1-month non-deliverable forward (NDF) suggests the rupee (USDINR) will open close to 83.9225, nearly unchanged from the previous session.

Netflix stock hits new high as ad revenue soars

Netflix (Symbol: NFLX) continues to assert its dominance in the streaming industry, with its stock reaching new heights, consistent with its increase in advertising revenue.

GBPUSD rises to 2024 high on positive data and dollar weakness

GBPUSD reaches a 2024 high, driven by positive UK economic data and a weaker US dollar ahead of the Jackson Hole event. Explore market implications and short-term trader insights.

Dollar steady as markets brace for Powell; BOJ’s Ueda aims to stabilise yen

The U.S. dollar held steady on Friday as the market’s focus turned to Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole Symposium.

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