About: josephine
Recent Posts by josephine
ECB rate cuts and US jobs data key in deciding market trajectory
Key points: The European Central Bank (ECB) is set to cut interest rates by 25 basis points on Thursday. This decision has been highly anticipated by market participants who are now focusing on the potential timing for the next cut, which is predicted to occur either on September 12th or more likely on October 17th. Continue Reading
Written on August 15, 2026 at 10:31 am
Categories: Today's Analysis
Gold prices retrace as US dollar and treasury yields rise ahead of key inflation data
Key points: This article is a follow up from: Gold rises ahead of key US data inflation data Gold (Symbol: XAUUSD) declined for the second consecutive session on Thursday, pressured by a stronger US dollar (USD) and rising Treasury yields ahead of key US inflation data. Spot gold retraced to the $2,330.44 per ounce price Continue Reading
Written on August 15, 2026 at 10:30 am
Categories: Today's Analysis
Aussie, Kiwi steady after setback from U.S. bond yields surge
Key points: The Australian and New Zealand dollars have stabilised after experiencing setbacks due to a surge in U.S. bond yields. This rise in yields has dampened risk appetites and obscured the outlook for global rate cuts. Picture: Aussie stabilises as seen on VT Markets app. Currently, the Australian dollar (AUDUSD) is steady at $0.6605, Continue Reading
Written on August 15, 2026 at 10:30 am
Categories: Today's Analysis
Cable struggles below 1.0800 as key support levels loom
Key Points: The EUR/USD pair currently trades below the 1.0800 mark, reflecting a stronger dollar dominating this week’s exchanges due to rising yields. This scenario is dampening the overall risk appetite in the markets and enhancing the dollar’s appeal. Currently, the EUR/USD is retreating below its 100-day moving average, located at 1.0808. This move highlights Continue Reading
Written on August 15, 2026 at 10:30 am
Categories: Today's Analysis
Wheat prices uncertain following weather prediction in Russia
Wheat prices drop to $6.84 following forecasted rain in southern Russia and Ukraine. A stronger US dollar also pressures the demand of farm goods.
Written on August 15, 2026 at 10:30 am
Categories: Today's Analysis
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