Monthly Archives: March 2026
During Asian trading, the US Dollar Index holds above 100, easing from a 10-month peak near 100.54
Written on March 16, 2026 at 5:50 am, by davin
DXY slipped from 10-month peak as Iran conflict fears eased; oil fell; markets await Fed guidance Wednesday.
WTI crude fell from near $100 and a one-week high as Hormuz reopening talks advanced
Written on March 16, 2026 at 3:52 am, by davin
WTI retreats below $96 as Hormuz reopening eases supply fears; resistance $98.90, supports $94.62/$90.33 noted.
China’s central bank sets USD/CNY midpoint at 6.9057, above prior 6.9007, near Reuters 6.9061 estimate
Written on March 16, 2026 at 3:51 am, by davin
PBoC set USD/CNY fix at 6.9057, highlighting exchange-rate stability goals and key monetary policy tools.
Britain is considering deploying minesweeping drones to reopen the Strait of Hormuz and restore oil exports flow
Written on March 16, 2026 at 3:51 am, by davin
UK to deploy minesweeping drones in Strait of Hormuz, avoiding warships to reduce tensions, support oil exports.
Japan’s finance minister Katayama stated officials stand ready for decisive forex moves, avoiding level-specific remarks
Written on March 16, 2026 at 3:50 am, by davin
Japan’s finance minister warned of decisive forex action amid volatility, as USD/JPY slipped to 159.38 Monday.
Following four losing sessions, GBP/USD edges up near 1.3260 in Asian trading as UK currency steadies
Written on March 16, 2026 at 2:56 am, by davin
GBP/USD rebounds near 1.3260 as Iran conflict hopes lift risk; weak UK data and energy pressure.
Despite weak jobs data and Middle East tensions, the Canadian Dollar strengthens, pushing USD/CAD near 1.3710 early in Asia
Written on March 16, 2026 at 2:55 am, by davin
USD/CAD dips to 1.3710; Middle East tensions, Hormuz security talks, weak Canada jobs data pressure loonie.
Silver rebounds from a near two-week low, rising above $81 after dipping to about $78.35 during Asia
Written on March 16, 2026 at 2:51 am, by davin
Silver rebounded above $81 after hitting $78.35, but weak momentum keeps bearish bias and key resistance.
Trump said he is consulting seven nations on Hormuz security, with Israel assisting US efforts to police shipping route
Written on March 16, 2026 at 2:50 am, by davin
Trump discusses multinational policing of Strait of Hormuz, Iran drone targeting, possible Iran deal, and oil dips.
In March, the UK Rightmove annual house price index slipped to -0.2%, down from 0%
Written on March 16, 2026 at 1:52 am, by davin
Rightmove’s UK House Price Index slipped in March, shifting from flat annual growth to a 0.2% decline.
