About: josephine
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MARKETS TODAY: Gold rally slowing down, Cable sees upswing
Key points On Monday, gold prices failed to sustain an upward movement beyond the $2,375 mark, resulting in a decline below $2,350. This movement suggests a possible test of lower support levels, primarily around $2,280, which aligns with the 50-day simple moving average and recent lows. Should this support level fail, the next target for Continue Reading
Written on August 15, 2026 at 10:21 am
Categories: Today's Analysis
US inflation report: Impact on the dollar
Key Points: The upcoming US inflation report is expected to play a key role in shaping the value of the USD and guiding perceptions of next moves by the Federal Reserve. Over the past months, the dollar has enjoyed a rally, driven primarily by a shift in expectations towards a less accommodative monetary policy by Continue Reading
Written on August 15, 2026 at 10:21 am
Categories: Today's Analysis
Anticipating the impact of US inflation data on gold prices
Key points: Gold prices edged higher on Tuesday, marking a modest recovery of 0.4% to $2,344.39 per ounce by early GMT, following a 1% decline on Monday. This fluctuation occurs as markets gear up for critical inflation reports set to shed light on potential changes in the U.S. Federal Reserve’s interest rate policies. Not only Continue Reading
Written on August 15, 2026 at 10:21 am
Categories: Today's Analysis
Gold rises due to rate cut speculation and economic data
Key points: 10th May 2024 – On Friday, spot gold experienced a slight increase of 0.1% to $2,347.98 per ounce, contributing to a 2% rise over the week. SEE: Gold sees slight upward rise on the VT Markets trading app. This upward movement is closely tied to traders’ adjusted expectations for an interest rate cut from Continue Reading
Written on August 15, 2026 at 10:20 am
Categories: Today's Analysis
Dollar pressured by soft jobs data and Fed rate cut speculation
Key points The U.S. dollar exhibited weakness in early trading in Asia this Friday, continuing its decline from the previous night against the euro and sterling. This movement comes as new data points to a slowing labor market in the U.S., thereby increasing the likelihood of the Federal Reserve cutting interest rates later this year. Continue Reading
Written on August 15, 2026 at 10:20 am
Categories: Today's Analysis
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