About: josephine

Recent Posts by josephine

Wheat and soybean prices stabilise with improved crop conditions 

Wheat and soybean prices steadied after sharp declines as better-than-expected crop conditions are reported. Read more for the forecast and trading opportunities.

Dollar weakens after soft data, Yen still struggling

The dollar faced pressure on Thursday following U.S. economic data that indicated slowing growth. Despite this, the yen remained weak, pinned near a 38-year low, prompting concerns about possible government intervention.

Asian stocks reach 27-month high, dollar falls on rate cut speculation

Key points Asia stocks soared to a 27-month high on Thursday, driven by softer U.S. economic data that increased the likelihood of a September rate cut. This development boosted bonds and commodities while dragging down the dollar. A holiday in the United States led to thin trading as investors awaited the outcome of the UK Continue Reading

New Zealand dollar rises on Fed rate cut speculation 

The New Zealand dollar (NZD) appreciated to $0.611 against the US dollar (USD) as soft labor market data and weaker-than-expected services activity in the US fueled speculation about potential Federal Reserve rate cuts later in the year.

Indonesian foreign exchange reserves hit record highs 

The foreign exchange reserves of Indonesia surged, driven by robust tax revenues and foreign loan withdrawals. Learn how this helps the economic stability in Indonesia.

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