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About: josephine

Recent Posts by josephine

India gold prices edge lower as central bank buying underpins bullish derivatives outlook

Indian gold prices dipped Wednesday; FXStreet data shows slight declines, while central bank buying supports bullish trades.

Sterling Edges Higher Versus Dollar as Markets Await Fed Decision, Rate Hike Odds in Focus

GBP/USD edged higher near 1.3300 as softer dollar preceded Fed decision; markets weigh uncertain rate hike odds.

Gold steadies near $4,000 as oil surge lifts inflation fears ahead of Fed decision

Gold steadies near $4,000 as markets await Fed decision; bearish technicals and volatility drive options hedging.

AUDUSD Falls After Softer Australian Inflation Data

Key Points The Australian Dollar fell after softer inflation reduced expectations of an RBA rate increase in August. AUD/USD dropped around 0.3% to 0.6953, near a two-week low, while a firm US Dollar added pressure. Monthly inflation slowed to 3.8% in June, while quarterly CPI eased to 4.0%. Core inflation reached 3.6%, below market and Continue Reading

SK Hynix Falls 11% Despite Record AI Earnings

SK Hynix reported record profit from AI memory demand, yet shares fell as investors questioned whether growth momentum can continue as supply expands.

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