About: josephine
Recent Posts by josephine
The British pound faces key test as it retreats from 2024 highs
Key Points: The British pound saw a pullback retreating from its recent gains against the U.S. dollar. Despite this decline, the pound remains close to its 2024 high of $1.3269. For enthusiasts, limiting the decline to a shallow slide could signal a growing bid for cable, especially given the underlying support from rate differentials. Picture: Continue Reading
Written on August 15, 2026 at 11:15 am
Categories: Today's Analysis
Dollar hits two-week high against euro ahead of US jobs data
The dollar extended its gains on Monday, reaching a two-week high against the euro as traders scaled back their expectations for aggressive policy easing by the Federal Reserve. With a key U.S. jobs report scheduled for release later this week, the dollar’s momentum reflects growing uncertainty over the Fed’s next steps. -vtmarkets.com
Written on August 15, 2026 at 11:15 am
Categories: Today's Analysis
Oil prices slide further on weak Chinese data and potential OPEC+ output increase
Oil prices continued their decline as weak economic data from China and the prospect of increased OPEC+ production in October raised concerns over future demand and supply dynamics -vtmarkets.com
Written on August 15, 2026 at 11:15 am
Categories: Today's Analysis
Dow Jones hits new record while tech stocks weigh on Nasdaq
Key Points: The Dow Jones Industrial Average (Symbol: DJ30) continued its impressive run, notching its 25th record close of the year as it climbed to 41,335.63. This marked a significant contrast to the tech-heavy Nasdaq Composite (Symbol: NAS100) and the broader S&P 500 (Symbol: SP500), both of which struggled due to a pullback in technology Continue Reading
Written on August 15, 2026 at 11:15 am
Categories: Today's Analysis
Aussie targets $0.6871 on strong inflation data; kiwi gains on confidence boost
Key points: The Australian and New Zealand dollars have held firm near their eight-month highs, driven by a weakening U.S. dollar and momentum from technical buyers aiming to push through chart resistance levels. The Australian dollar (AUDUSD) currently trades around $0.6793, just below its recent peak of $0.6812. As momentum builds, support is identified at $0.6759 Continue Reading
Written on August 15, 2026 at 11:14 am
Categories: Today's Analysis
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