About: josephine
Recent Posts by josephine
AUD directionless after mixed jobs report & rate hike uncertainty
AUD remains steady as mixed employment data clouds the outlook for a rate hike. Read how external factors and central bank actions influence trading opportunities.
Written on August 15, 2026 at 10:54 am
Categories: Today's Analysis
Gold prices stay steady as optimism about U.S. rate cuts boosts the market
Key points Gold prices have shown resilience, holding their ground at $2,422.12 per ounce as of 0021 GMT. This follows Monday’s peak of $2,449.89 per ounce, the highest level since May 20. In the futures market, U.S. gold dipped by 0.1% to $2,425.60, reflecting a cautious yet optimistic sentiment among traders. See: Gold prices trading Continue Reading
Written on August 15, 2026 at 10:53 am
Categories: Today's Analysis
Australian and NZ dollars rise against the yen but fall against the dollar
Key points The Australian dollar climbed 0.2% to 106.98 yen, marking a rebound after four consecutive sessions of declines. This recovery came after suspected intervention from Tokyo last week, which disrupted the popular carry trade, where investors borrow in a low-interest currency like the yen to invest in higher-yielding assets. The intervention saw the Aussie Continue Reading
Written on August 15, 2026 at 10:53 am
Categories: Today's Analysis
GBPUSD reaches one-year high on positive UK and negative US economic data
Key Points: The British pound (Symbol: GBPUSD) floated to a one-year high of $1.2985, driven by favourable economic data from both the UK and the US. The pair opened the week with positive momentum as forex traders responded to unexpected growth in the UK and easing inflation in the US. Picture: GPBUSD reaches one-year high, Continue Reading
Written on August 15, 2026 at 10:53 am
Categories: Today's Analysis
Japan likely conducting intervention to defend the yen
Key Points: This article is a follow up to: Yen fluctuates with intervention talks Japan appears to have intervened in the foreign exchange market to defend the yen on Friday, according to calculations based on data from the Bank of Japan (BoJ) and private money brokers. The daily projection of BoJ released on Tuesday indicated Continue Reading
Written on August 15, 2026 at 10:53 am
Categories: Today's Analysis
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