Monthly Archives: August 2026
Mexican peso strengthens as Banxico maintains cautious stance in rising inflation
Written on August 15, 2026 at 10:51 am, by josephine
The Mexican peso rebounded against a weaker US dollar and the cautious stance on inflation by Banxico. Read more about the market implications and forecasts.
Dollar strengthens on Powell’s caution; Kiwi weakens post-dovish central bank
Written on August 15, 2026 at 10:50 am, by josephine
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 statement underpinned the dollar’s rebound, with the dollar index (DXY), which measures the U.S. currency Continue Reading
Nasdaq and S&P 500 hit new highs as jobs data spurs rate cut hopes
Written on August 15, 2026 at 10:50 am, by josephine
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.
Aussie strengthens against the Kiwi and Yen amidst diverging rate outlooks
Written on August 15, 2026 at 10:50 am, by josephine
The Australian dollar (AUDUSD) stood strong at NZ$1.1080, close to a 20-month high of $1.1017 reached on Wednesday. This strength followed the Reserve Bank of New Zealand’s (RBNZ) unexpected signal of potential rate cuts.
Apple Intelligence brings AAPL to $3.5 trillion market cap
Written on August 15, 2026 at 10:50 am, by josephine
AAPL becomes the first company to close above a $3.5 trillion valuation. Learn about the AI strategy of Apple and what the recent stock price surge means for the market.
Silver prices steady as markets eye US inflation data
Written on August 15, 2026 at 10:50 am, by josephine
Silver prices rose slightly above $31 per ounce, maintaining sideways as the markets anticipate key US inflation data. Learn how a supply deficit in 2024 will hit the momentum.
US dollar declines as job growth slows
Written on August 15, 2026 at 10:49 am, by josephine
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.
Gold edges higher as focus turns to Fed Powell’s testimony
Written on August 15, 2026 at 10:49 am, by josephine
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.
Rupee will rely on Powell’s testimony to end deadlock
Written on August 15, 2026 at 10:49 am, by josephine
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. dollar for over a month, reflecting a period of consolidation amid global economic uncertainties. Opening Continue Reading
Oil drops as US Gulf supply worries ease and China inflation weakens
Written on August 15, 2026 at 10:49 am, by josephine
Key points: Oil prices dipped on Wednesday as the impact from Hurricane Beryl dissipated and inflation data highlighted persistently weak consumer demand in top crude importer China. Picture: Oil prices decline as seen on the VT Markets app. Brent and WTI crude prices fall as US gulf supply concerns ease As of 0632 GMT, Brent Continue Reading
