Monthly Archives: March 2026
USD/CAD rises above 1.3700 as poor Canadian jobs figures and strong US dollar demand undermine CAD
Written on March 13, 2026 at 9:50 pm, by davin
USD/CAD hit 1.3728 as weak Canada jobs data hurt CAD and US-Iran tensions boosted dollar.
March recorded Michigan sentiment at 55.5, as households’ confidence fell amid gloomier views on conditions and outlook
Written on March 13, 2026 at 8:52 pm, by davin
US consumer confidence dipped in early March; inflation expectations mixed, while dollar held firm at highs.
Commerzbank’s commodity team says Iran war caused record outages, with IEA estimating losses above eight million barrels daily
Written on March 13, 2026 at 8:52 pm, by davin
Iran war triggered record oil outages; IEA cites 8 million bpd lost; nations release 400 million barrels.
Standard Chartered expects Bank of Japan to hold 0.75%, cautiously, as USD/JPY rises amid uneven growth, oil prices
Written on March 13, 2026 at 8:51 pm, by davin
Standard Chartered sees BOJ holding 0.75% March 19; July hike likely; USD/JPY biased higher, retesting 162.
Rabobank’s strategists cut short-term EUR/USD forecasts as Hormuz disruption lifts oil and gas prices worldwide
Written on March 13, 2026 at 8:50 pm, by davin
Rabobank cuts EUR/USD short-term forecasts as Hormuz disruptions lift energy prices, expecting euro underperformance versus dollar.
TD Securities expects the Bank of Canada to keep rates at 2.25%, as energy-related risks increase this month
Written on March 13, 2026 at 7:52 pm, by davin
TD Securities sees BoC holding 2.25%, citing softer growth, easing inflation, and oil-driven risks; guidance flexible.
January’s US JOLTS job openings exceeded expectations, coming in at 6.946 million versus 6.7 million forecast
Written on March 13, 2026 at 7:51 pm, by davin
US job openings rose in January, with JOLTS at 6.946 million, exceeding the 6.7 million forecast.
US UoM five-year consumer inflation expectations dipped to 3.2%, easing from the prior 3.3% reading in March
Written on March 13, 2026 at 7:51 pm, by davin
US consumers’ five-year inflation expectations slipped to 3.2% in March, down 0.1 percentage points from February.
March sees US UoM one-year consumer inflation expectations unchanged, holding steady at 3.4%
Written on March 13, 2026 at 7:50 pm, by davin
US consumers’ 1-year inflation expectations held at 3.4% in March, signaling steady price growth outlook.
In March, Michigan’s US Consumer Expectations Index slipped to 54.1, down from the prior 56.6
Written on March 13, 2026 at 6:52 pm, by davin
Michigan’s Consumer Expectations Index slipped to 54.1 in March from 56.6, a 2.5-point monthly decline.