Monthly Archives: August 2026
Oil prices tick up on sharp fall in US crude oil inventories
Written on August 15, 2026 at 11:03 am, by josephine
Oil prices edged higher after a significant drop in US crude inventories, rebounding from multi-month lows. Learn more about the factors influencing the oil market.
Rupee may drop to near 84/USD; RBI intervention likely
Written on August 15, 2026 at 11:03 am, by josephine
The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday’s close and lifetime low of 83.8450.
Strong yen brings down Japan Inc’s high-flying success
Written on August 15, 2026 at 11:03 am, by josephine
In just three trading sessions, the Nikkei share average (NI225) has lost a fifth of its value. On Monday, it tumbled 12.4%, marking its second-largest decline on record and its biggest since the Black Monday crash of October 1987.
EURUSD rallies on weak US jobs data: Best day since November 2023
Written on August 15, 2026 at 11:03 am, by josephine
EURUSD surged 1.3% as weak US nonfarm payrolls data fueled expectations of a significant Fed rate cut. Read more to understand the market opportunities and risks.
Airbnb Q2 2024 earnings with EPS miss and revenue beat
Written on August 15, 2026 at 11:02 am, by josephine
Airbnb reports Q2 2024 earnings with an EPS of 86 cents, missing estimates, but beats revenue expectations with $2.75 billion. Read more about the market implications.
Australian dollar rises on hawkish hold from the RBA
Written on August 15, 2026 at 11:02 am, by josephine
The Australian dollar appreciates to near one-week high after RBA maintains cash rate at 4.35% and warns inflation remains high. US Fed rate cuts also influence the Aussie.
Dollar recovers as Fed hints at cuts; yen firms on BOJ hawkishness
Written on August 15, 2026 at 11:02 am, by josephine
An eventful Wednesday saw the Bank of Japan (BOJ) raise interest rates to levels not seen in 15 years. This prompted traders to reassess popular carry trades before the Federal Reserve held rates steady but hinted at potential rate cuts as U.S. inflation cools.
Yen and Swiss franc near highs as US slowdown fears grow; sterling dips
Written on August 15, 2026 at 11:02 am, by josephine
Key points: The Japanese yen and Swiss franc traded close to multi-month highs against the dollar on Friday. An unexpected drop in U.S. manufacturing sparked fears of an economic slowdown, causing stocks and bond yields to fall sharply. See: Japanese yen on the rise as seen on the VT Markets app. Yen and Swiss franc Continue Reading
Australian and New Zealand dollars face pressure from US growth concerns
Written on August 15, 2026 at 11:02 am, by josephine
Key points: The Australian dollar remained near three-month lows on Friday. Weak U.S. data has increased fears of a sharp slowdown in the world’s largest economy, driving investors to seek safety in the yen and Swiss franc. Aussie slides to near three-month low amid carry trade unwinding Picture: Aussie declines, trading at 0.65137 on the Continue Reading
Japanese yen strengthens on BOJ rate hike speculations
Written on August 15, 2026 at 11:02 am, by josephine
The Japanese yen climbs high at 145 per dollar, driven by BOJ rate hike expectations and weak US jobs data. Explore the market implications and opportunities.