Monthly Archives: August 2026
Euro Slips on Weaker PMIs and Potential ECB Rate Cuts
Written on August 15, 2026 at 11:25 am, by josephine
The euro dropped on weak PMI data in Germany and France, raising expectations of ECB rate cuts. Investors now foresee 44 basis points in reductions by year-end. -vtmarkets.com
Gold steady at record levels on central bank moves
Written on August 15, 2026 at 11:24 am, by josephine
Gold prices hold steady near record levels as central bank policies support its safe-haven appeal. Learn how these factors shape market dynamics. -vtmarkets.com
Oil prices on track to finish the week higher following US rate cut
Written on August 15, 2026 at 11:24 am, by josephine
Brent futures, which were trading down 26 cents or 0.4% at $73.62 a barrel early on Friday, have still gained 4.3% over the week. Similarly, US WTI crude, slightly down by 0.2% at $71.80, registered a 4.8% rise for the week. -vtmarkets.com
The Chinese yuan strengthens to a 16-month high on Fed rate cut
Written on August 15, 2026 at 11:24 am, by josephine
The Chinese yuan surges to a 16-month high as traders bet on stimulus from Beijing, following the recent rate cut by the U.S Federal Reserve. Explore the latest market movements and trader outlook. -vtmarkets.com
Japan’s Nikkei posts best week since mid-August, but yen strength caps gains
Written on August 15, 2026 at 11:24 am, by josephine
The Nikkei index surged by as much as 2.21% during early trading on Friday before paring gains later in the day, closing 1.53% higher at 37,723.91. This marks its best weekly performance in over a month, with a weekly rise of 1.57%. -vtmarkets.com
Kiwi holds steady as traders await upcoming U.S. economic data
Written on August 15, 2026 at 11:24 am, by josephine
The New Zealand dollar holds steady as traders focus on U.S. economic data and upcoming RBNZ rate cuts on domestic economic contraction. Short-term outlook remains cautious as global and local factors play a role. -vtmarkets.com
Dollar stabilises as aggressive rate cut expectations ease
Written on August 15, 2026 at 11:23 am, by josephine
The dollar regained some strength ahead of the Federal Reserve’s highly anticipated interest rate decision, scheduled for later in the day. It has steadied at $1.1119 per euro, slightly off from its recent low of $1.1201. -vtmarkets.com
Gold remains stable as markets await Fed decision
Written on August 15, 2026 at 11:23 am, by josephine
Gold prices held their ground early Wednesday as the market remains on alert for the outcome of the Federal Reserve’s meeting later in the day. -vtmarkets.com
Oil prices stable as markets eye rate cut decision by U.S. Fed
Written on August 15, 2026 at 11:23 am, by josephine
Oil prices hold stable as markets await the rate cut decision by the U.S. Fed. Geopolitical tensions in the Middle East and supply disruptions from Hurricane Francine support prices. Short-term traders should brace for volatility. -vtmarkets.com
Dollar recovers following the Fed’s sharp rate cut
Written on August 15, 2026 at 11:23 am, by josephine
The U.S. dollar rallied across the board on Thursday, reversing earlier declines after the Federal Reserve delivered an aggressive half-percentage-point interest rate cut. This marked the start of a monetary easing cycle aimed at maintaining low unemployment as inflation softens. -vtmarkets.com
