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Friday, 21 August 2026

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Finance

Forex Today: Oil prices rise further, keeping markets on edge

Oil prices climb higher at the beginning of the week as there are no signs of a de-escalation of the crisis in the Middle East. In the second half of the day, Statistics Canada will publish the Consumer Price Index (CPI…

KOSPI Index Falls 30% From Recent Record High

South Korea’s KOSPI index dropped another 4%, bringing its decline to 30% from the record high reached last month. The fall follows a strong rally and has been amplified by the index’s heavy weighting in Samsung and…

British Pound: Burnham honeymoon meets fiscal reality – ING

ING’s Chris Turner writes that Sterling has benefited from expectations Andy Burnham will appoint a fiscally cautious chancellor, alongside stale short positioning and M&A-related flows into United Kingdom (UK) equities…

Canadian Dollar edges higher to near 1.4000 as crude oil gains

The USD/CAD pair extends its downside to near 1.4005 during the Asian trading hours on Monday. Rising crude oil prices provide some support to the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD). Trad…

Cardano activates van Rossem hard fork

Cardano has activated its van Rossem hard fork as of Saturday, upgrading the Cardano mainnet to version 11, which is expected to lower smart contract execution costs and lay the groundwork for Ouroboros Leios, a major s…

Swiss Franc gains ground ahead of Trade Balance data

USD/CHF extends its gains for the second successive day, trading around 0.8070 during the Asian hours on Monday. The pair depreciates as the Swiss Franc (CHF) receives support ahead of the release of Trade Balance data …

FDA says Taylor Farms cyclospora finding was a false positive

Amid a nationwide rise in cases of cyclosporiasis — the illness caused by the “explosive diarrhea” parasite — officials have identified one possible source of an outbreak spanning Michigan and several other states.