Monthly Archives: August 2026
Dollar Strengthens on Solid U.S. Job Data
Written on August 15, 2026 at 11:29 am, by josephine
The U.S. dollar climbed to a one-month high against the yen, supported by robust job numbers, while the yen weakened after Japan signalled no urgency for rate hikes. Meanwhile, the euro remains under pressure amid geopolitical tensions and expectations of an ECB rate cut. -vtmarkets.com
Gold Steady as Middle East Tensions Rise, US Data in Focus
Written on August 15, 2026 at 11:29 am, by josephine
Gold prices remained steady at $2,659.05 per ounce on Thursday, as traders focused on growing turmoil in the Middle East and awaited key U.S. economic data that could influence interest rate expectations. -vtmarkets.com
Aussie Hits 2-Month High Against Yen, Kiwi Struggles
Written on August 15, 2026 at 11:29 am, by josephine
The Australian dollar surged 2% overnight to reach 101.25 yen, breaking through the 100.00 resistance barrier. This surge came as Japan’s newly appointed Prime Minister, Shigeru Ishiba, signalled opposition to further interest rate hikes, a shift in stance from his earlier hawkish position. -vtmarkets.com
S&P 500 Closes Flat as Tech Gains Pressured by Middle East Tensions
Written on August 15, 2026 at 11:29 am, by josephine
Nvidia’s gains lifted the tech sector, but Tesla’s drop and Middle East tensions kept the S&P 500 flat as traders remained cautious. Focus now shifts to Friday’s U.S. non-farm payroll report, which could influence the Federal Reserve’s next interest rate decision. – vtmarkets.com
Dollar Firms as Traders Assess Federal Reserve’s Rate Path
Written on August 15, 2026 at 11:28 am, by josephine
The U.S. dollar gained strength on Tuesday, rising against its major peers after Federal Reserve Chair Jerome Powell dampened market expectations for more aggressive interest rate cuts. With traders adjusting their outlook on future monetary policy moves, the greenback saw renewed stability, while other currencies responded to key domestic and international developments. -vtmarkets.com
Nikkei Rebounds on Softer Yen after Sharp Sell-off
Written on August 15, 2026 at 11:28 am, by josephine
Japanese stock market index Nikkei (Symbol: Nikkei225) bounced back, rising by more than 1% in early Tuesday trading after a steep decline in the previous session. -vtmarkets.com
Asia Stocks Drop as Iran-Israel Tensions Rise, Crude Oil Surges on Supply Risks
Written on August 15, 2026 at 11:28 am, by josephine
Fears of escalating conflict in the Middle East weighed heavily on Asian stocks, while safe-haven assets like gold and the dollar saw increased demand. Crude oil prices also climbed on supply disruption concerns. – vtmarkets.com
Kiwi Rebounds as Military Actions from Iran Start Easing
Written on August 15, 2026 at 11:28 am, by josephine
The New Zealand dollar (Symbol: NZDUSD) has regained some ground, edging closer to $0.63, after sharp declines on Monday. The fall, a result of heightened risks stemming from Iran’s missile attacks on Israel, spooked traders globally. -vtmarkets.com
Rupee Under Pressure as Dollar Gains Strength
Written on August 15, 2026 at 11:28 am, by josephine
The Indian rupee is expected to open near 83.92-83.94, pressured by a stronger U.S. dollar driven by robust jobs data and reduced expectations for a large Fed rate cut. Rising oil prices due to Middle East tensions add further downside risks for the rupee. – vtmarkets.com
Dollar Drifts as Risk-Sensitive Currencies Rise on China Optimism
Written on August 15, 2026 at 11:27 am, by josephine
Traders now expect 73 basis points of easing for the remainder of the year, with CME Group’s FedWatch Tool indicating a 51% probability of another half-percentage-point cut. This cautious outlook stems from the Federal Reserve’s focus on supporting the labour market while moderating inflation risks. -vtmarkets.com
