About: josephine
Recent Posts by josephine
Bank of Korea to hold rates, first cut expected in Q4
Key points: The Bank of Korea (BOK) will keep its key policy rate unchanged at 3.50% on May 23, marking the 11th consecutive meeting with no change. The BOK is expected to maintain this rate through the next quarter, with a half-point cut anticipated in Q4 2024, following expected policy easing from other central banks Continue Reading
Written on August 15, 2026 at 10:26 am
Categories: Today's Analysis
More bearish momentum for crude oil
Key Points: This article is a follow-up to: Why crude oil futures may continue their spiral downwards in May Both Brent and WTI crude futures experienced significant declines. Brent crude futures (Symbol: UKOUSDft-E) fell toward $81 per barrel, while WTI crude futures dropped to $76 per barrel (Symbol: CL-OIL), continuing their respective four-session losing streaks. Continue Reading
Written on August 15, 2026 at 10:26 am
Categories: Today's Analysis
A technical assessment of gold, Cable, Ninja, and Nvidia performance in May
Gold (XAU/USD) experienced a sharp drop on Wednesday, settling just above the important support level of $2,375. This support is vital for bulls, as holding this line could prevent a deeper retracement towards $2,360. Should the weakness continue, the focus might shift to $2,335, which represents the 38.2% Fibonacci retracement of the 2024 rally. In Continue Reading
Written on August 15, 2026 at 10:26 am
Categories: Today's Analysis
The gold rush: XAUUSD soars past $2,430
Key Points: Gold (Symbol: XAUUSD) climbed past $2,430 per ounce on Monday, marking a new record. This surge was driven by increasing speculations of Federal Reserve interest rate cuts, strong central bank purchases, and rising safe-haven demand. SEE: Gold experiencing sudden upswing on the VT Markets trading app Potential rate cuts from the US Federal Continue Reading
Written on August 15, 2026 at 10:25 am
Categories: Today's Analysis
Dollar stable as traders await US rate policy updates
Key points: The dollar held steady on Monday as investors anticipated further guidance on the U.S. interest rate trajectory following cautious remarks from Federal Reserve officials. Despite cooling inflation signs, traders are eagerly awaiting more data to gauge future rate cuts. The Japanese yen (USDJPY) started the week on the back foot, weakening to 155.80 Continue Reading
Written on August 15, 2026 at 10:25 am
Categories: Today's Analysis
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