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Today's Analysis

20

Aug 2026
US dollar declines as job growth slows 

The US dollar weakens in the face of softer job growth and expectations of potential rate cuts. Upcoming testimony by Jerome Powell may provide deeper insights.

20

Aug 2026
Gold edges higher as focus turns to Fed Powell’s testimony

Gold prices experienced a slight uptick on Tuesday, reflecting cautious optimism among investors as they await critical economic updates. Spot gold rose by 0.2%, reaching $2,364.03 per ounce.

20

Aug 2026
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. …

20

Aug 2026
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.

20

Aug 2026
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 …

20

Aug 2026
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.

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