About: josephine

Recent Posts by josephine

EURUSD rallies on weak US jobs data: Best day since November 2023 

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 

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 

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

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

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

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