About: josephine
Recent Posts by josephine
Rupee likely to stay near record lows due to high dollar demand
The Indian rupee faces renewed pressure this week, with traders expecting it to stay near its record low against the U.S. dollar. The rupee closed last week at 83.7275, its weakest level ever, and non-deliverable forwards suggest it will open around 83.71-83.72 per dollar on Monday.
Written on August 15, 2026 at 10:59 am
Categories: Today's Analysis
Yen dips as Nikkei rises, central bank meetings near
Key points: On Monday, the yen ticked lower, easing to 154.24 yen against the dollar early in the Asian trading day, a 0.29% rise for the dollar after the yen’s recent surge to 151.945, its strongest in 12 weeks. This shift comes after the yen’s remarkable performance last week, where it gained 2.36% against the Continue Reading
Written on August 15, 2026 at 10:59 am
Categories: Today's Analysis
Oil prices dip on China demand concerns and eased Middle East tensions
Oil prices fall as weak Chinese demand and reduced Middle East conflict concerns pressured the price of the black gold. Read more for the market outlook and forecast.
Written on August 15, 2026 at 10:59 am
Categories: Today's Analysis
Yen climbs as investors pull back from risky trades
Key points On Thursday, the yen experienced a rise, drawing support from the unwinding of carry trades ahead of the Bank of Japan’s (BOJ) policy meeting next week. This comes as a rotation out of megacap growth stocks dampened risk appetite broadly, providing safe haven bids for the Japanese currency. Yen surges amid BOJ rate Continue Reading
Written on August 15, 2026 at 10:58 am
Categories: Today's Analysis
US GDP growth boosts crude oil demand despite Asian challenges
Brent crude futures for September increased by 7 cents, reaching $82.44 per barrel as of 0014 GMT. Similarly, US West Texas Intermediate (WTI) crude for September rose by 4 cents, hitting $78.32 per barrel.
Written on August 15, 2026 at 10:58 am
Categories: Today's Analysis
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