About: josephine
Recent Posts by josephine
Dow Jones hits new record while tech stocks weigh on Nasdaq
Key Points: The Dow Jones Industrial Average (Symbol: DJ30) continued its impressive run, notching its 25th record close of the year as it climbed to 41,335.63. This marked a significant contrast to the tech-heavy Nasdaq Composite (Symbol: NAS100) and the broader S&P 500 (Symbol: SP500), both of which struggled due to a pullback in technology Continue Reading
Written on August 15, 2026 at 11:15 am
Categories: Today's Analysis
Aussie targets $0.6871 on strong inflation data; kiwi gains on confidence boost
Key points: The Australian and New Zealand dollars have held firm near their eight-month highs, driven by a weakening U.S. dollar and momentum from technical buyers aiming to push through chart resistance levels. The Australian dollar (AUDUSD) currently trades around $0.6793, just below its recent peak of $0.6812. As momentum builds, support is identified at $0.6759 Continue Reading
Written on August 15, 2026 at 11:14 am
Categories: Today's Analysis
Dollar set to break 5-week losing streak as Fed rate cut expectations diminish
The U.S. dollar is on track to snap a five-week losing streak, trading near a one-week high against major peers on Friday. This rebound comes as robust U.S. economic data has led traders to pare back their bets on aggressive Federal Reserve interest rate cuts. -vtmarkets.com
Written on August 15, 2026 at 11:14 am
Categories: Today's Analysis
Aussie and kiwi poised to end the month with solid gains as U.S. dollar weakens
The Australian and New Zealand dollars are on track to finish the month with strong gains, buoyed by breaks through key chart barriers and a waning U.S. dollar. The Australian dollar (AUD) stood at $0.6797 after reaching an eight-month high of $0.6823, marking a 3.9% gain for the month. -vtmarkets.com
Written on August 15, 2026 at 11:14 am
Categories: Today's Analysis
Copper prices edge higher on Fed rate cut hopes
Copper prices (Symbol: Copper-C) climbed to $4.21 per pound, marking a crucial recovery and positioning the orange metal for its first monthly gain since May 2024, with a modest 0.5% increase so far in August 2024. -vtmarkets.com
Written on August 15, 2026 at 11:14 am
Categories: Today's Analysis
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