About: josephine
Recent Posts by josephine
Chinese yuan edges higher as the US dollar softens ahead of rate cut anticipation
The Chinese yuan advanced on Monday, supported by a weakening U.S. dollar as the markets anticipate upcoming Federal Reserve rate cuts. However, weak Chinese economic data may limit further gains.
Written on August 15, 2026 at 11:08 am
Categories: Today's Analysis
New Zealand dollar extends rebound on Fed rate cut expectations
The New Zealand dollar continued its recovery, as markets anticipate upcoming Federal Reserve rate cuts. Focus shifts to the FOMC Minutes and Powell’s speech at Jackson Hole for further guidance.
Written on August 15, 2026 at 11:08 am
Categories: Today's Analysis
Australian dollar gets jobs boost, Kiwi feels rate pain
The Australian dollar (AUD) experienced a modest uplift on Thursday, touching $0.6609, following an unexpected surge in employment figures. The 58,200 jobs added in July far surpassed market forecasts of a 20,000 gain, indicating a resilient labour market despite broader economic challenges.
Written on August 15, 2026 at 11:07 am
Categories: Today's Analysis
Wheat prices surge as the Russian attack on Ukraine raises supply concerns
Wheat prices surged nearly 2% after Russia’s missile strike on Ukraine’s Odesa port, with further support from lower wheat output in France. Explore market implications and short-term trader insights.
Written on August 15, 2026 at 11:07 am
Categories: Today's Analysis
Nikkei rises on strong economic growth and positive U.S. signals
Japan’s Nikkei index showed a strong performance on Thursday, rising by 1% to reach 36,808.75 by midday. This positive movement was largely driven by new data showing that Japan’s economy grew faster than expected in the second quarter, with an annualised growth rate of 3.1%.
Written on August 15, 2026 at 11:07 am
Categories: Today's Analysis
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