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Today's Analysis

20

Aug 2026
Gold prices stay steady as optimism about U.S. rate cuts boosts the market

Key points Gold prices have shown resilience, holding their ground at $2,422.12 per ounce as of 0021 GMT. This follows Monday’s peak of $2,449.89 per ounce, the highest level since May 20. In the futures market, U.S. gold dipped by …

20

Aug 2026
Australian and NZ dollars rise against the yen but fall against the dollar

Key points The Australian dollar climbed 0.2% to 106.98 yen, marking a rebound after four consecutive sessions of declines. This recovery came after suspected intervention from Tokyo last week, which disrupted the popular carry trade, where investors borrow in a …

20

Aug 2026
GBPUSD reaches one-year high on positive UK and negative US economic data

Key Points:  The British pound (Symbol: GBPUSD) floated to a one-year high of $1.2985, driven by favourable economic data from both the UK and the US. The pair opened the week with positive momentum as forex traders responded to unexpected …

20

Aug 2026
Google eyes $23 billion acquisition of cybersecurity firm Wiz

Key Points:  Google (Symbol: GOOG) is reportedly in discussions to acquire cybersecurity firm Wiz for $23 billion. This acquisition, if completed, will mark the largest ever purchase of Google, surpassing its $12.5 billion acquisition of Motorola Mobility in 2012. The …

20

Aug 2026
Dollar falters as Fed rate cuts approach

Key points: The dollar experienced a mixed performance on Wednesday following a brief boost from better-than-expected U.S. retail sales data. Traders remained focused on the prospect of Federal Reserve rate cuts potentially as early as September. The New Zealand dollar …

20

Aug 2026
NZ dollar rises despite rate cut expectations and high inflation

Key points: The New Zealand dollar strengthened on Wednesday as domestically-driven inflation remained high, though headline figures eased to a three-year low. Despite this, markets continue to expect around three rate cuts by the end of the year. See: Kiwi …

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