Monthly Archives: August 2026
Chinese yuan hits eight-month low with missed inflation data and US dollar rebound
Written on August 15, 2026 at 10:49 am, by josephine
CNH slid to an eight-month low against the US dollar due to weak inflation data and a rebound of the greenback. Read about the market implications and outlook.
Canadian dollar rises to one-month peak before domestic jobs report
Written on August 15, 2026 at 10:48 am, by josephine
The loonie strengthened to a one-month high against its U.S. counterpart on Thursday. This rise occurred as the greenback posted broad-based declines ahead of domestic jobs data, which could influence expectations for further interest-rate cuts by the Bank of Canada.
Dollar drops for 3 weeks; Pound steady after UK election
Written on August 15, 2026 at 10:48 am, by josephine
The U.S. dollar hovered near three-week lows on Friday, anticipating the release of payrolls data that could influence the outlook for interest rates. Meanwhile, the pound remained firm as the Labour party seemed poised to secure a significant majority in the UK general election.
Aussie approaches six-month high despite diverging rate expectations
Written on August 15, 2026 at 10:48 am, by josephine
The Australian dollar (AUD) is nearing a six-month high due to yield differentials and prospects of a Federal Reserve rate cut. The New Zealand dollar (NZD) faces an important central bank policy meeting.
Japan’s Nikkei edges higher with profit-taking and market adjustments
Written on August 15, 2026 at 10:48 am, by josephine
The Nikkei share average saw modest gains on Monday, tempered by profit-taking following last week’s record highs. Market sentiment remains cautious with key economic data on the horizon.
Wheat and soybean prices stabilise with improved crop conditions
Written on August 15, 2026 at 10:48 am, by josephine
Wheat and soybean prices steadied after sharp declines as better-than-expected crop conditions are reported. Read more for the forecast and trading opportunities.
Dollar weakens after soft data, Yen still struggling
Written on August 15, 2026 at 10:47 am, by josephine
The dollar faced pressure on Thursday following U.S. economic data that indicated slowing growth. Despite this, the yen remained weak, pinned near a 38-year low, prompting concerns about possible government intervention.
Asian stocks reach 27-month high, dollar falls on rate cut speculation
Written on August 15, 2026 at 10:47 am, by josephine
Key points Asia stocks soared to a 27-month high on Thursday, driven by softer U.S. economic data that increased the likelihood of a September rate cut. This development boosted bonds and commodities while dragging down the dollar. A holiday in the United States led to thin trading as investors awaited the outcome of the UK Continue Reading
New Zealand dollar rises on Fed rate cut speculation
Written on August 15, 2026 at 10:47 am, by josephine
The New Zealand dollar (NZD) appreciated to $0.611 against the US dollar (USD) as soft labor market data and weaker-than-expected services activity in the US fueled speculation about potential Federal Reserve rate cuts later in the year.
Indonesian foreign exchange reserves hit record highs
Written on August 15, 2026 at 10:47 am, by josephine
The foreign exchange reserves of Indonesia surged, driven by robust tax revenues and foreign loan withdrawals. Learn how this helps the economic stability in Indonesia.
