About: josephine
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Rupee avoids record low on RBI intervention but expected to weaken
The Indian rupee stayed nearly flat on Wednesday, hovering at 83.69 against the U.S. dollar by 11:00 a.m. IST, barely changed from its previous close at 83.6875. This steadiness came despite the currency nearing a record low of 83.7150 on Tuesday.
Written on August 15, 2026 at 10:57 am
Categories: Today's Analysis
Gold falls as investors wait for U.S. economic data
Gold prices fell nearly 1% on Thursday as investors took profits ahead of key U.S. economic data. Spot gold dropped 0.9% to $2,377.29 per ounce by 0217 GMT, while U.S. gold futures declined 1.6% to $2,376.70.
Written on August 15, 2026 at 10:57 am
Categories: Today's Analysis
Tesla stock drops as Q2 profits halve
Tesla stock falls following Q2 earnings miss. CEO Elon Musk forecasts a $5 trillion valuation with robotaxis. Read more for market implication.
Written on August 15, 2026 at 10:57 am
Categories: Today's Analysis
US dollar gains momentum as euro dips below its weekly peak
Key points: The EURUSD pair moved lower as technical traders took control in a week lacking major economic news. The euro dipped below $1.0850, extending its decline from the $1.09 level. This marks the second consecutive day of negative performance for the pair, which is now down approximately 100 pips from its mid-July peak of Continue Reading
Written on August 15, 2026 at 10:57 am
Categories: Today's Analysis
Aussie and kiwi dollars struggle on China rate cuts; dollar drifts
The Australian and New Zealand dollars struggled near multi-week lows on Tuesday following China’s decision to cut several key interest rates. In contrast, the US dollar showed little change as it awaited new economic cues.
Written on August 15, 2026 at 10:56 am
Categories: Today's Analysis
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