Monthly Archives: March 2026
USD/INR targets record close near 92.80 as rupee weakens amid Middle East conflict driving oil higher
Written on March 9, 2026 at 5:51 pm, by davin
USD/INR nears record 92.80 as Middle East tensions lift oil prices, boost Dollar demand, pressure Rupee.
WTI crude climbed past $100 then eased on emergency reserves discussions, after Middle East conflict fuelled spikes
Written on March 9, 2026 at 5:51 pm, by davin
WTI surged near $100.70 after Israel-Iran strikes disrupted Hormuz shipping, raising supply fears; IEA weighs reserves.
DBS’s Philip Wee says the dollar’s refuge appeal weakens, despite risk aversion, elevated oil and tensions
Written on March 9, 2026 at 5:50 pm, by davin
Dollar slips despite war-driven oil rally as weak jobs data and shifting global rate expectations undermine haven demand.
During the European session, XAG/USD regained most losses, trading near $84.00, yet prospects remain uncertain
Written on March 9, 2026 at 5:00 pm, by davin
Silver rebounds near $84 amid higher US yields, firmer dollar; Fed rate-hold odds rise, pressure persists.
After a three-year 13,000% surge, Carvana faces an Elliott Wave pullback and possible 50% decline
Written on March 9, 2026 at 5:00 pm, by davin
Carvana surged 13,000%, crashed 98%, then hit new highs; now correcting toward $245–$188 before wave (III).
Global X’s SIL ETF offers diversified investor access to major silver mining companies worldwide, highlighting upcoming support zone
Written on March 9, 2026 at 4:59 pm, by davin
SIL tracks global silver miners; Elliott Wave suggests wave ((4)) zigzag correction targets $74–$91 zone support.
Starmer says prolonged Middle East conflict could worsen economic impacts, and government consults partners to mitigate effects
Written on March 9, 2026 at 4:58 pm, by davin
Starmer says UK in constant talks to curb economic fallout from Middle East conflict; monitoring energy prices daily.
Deutsche Bank economist Sanjay Raja assesses BoE and UK Government responses to varying energy-shock scenarios
Written on March 9, 2026 at 4:58 pm, by davin
Deutsche Bank outlines three UK energy-shock scenarios, differing on timing of Bank of England cuts and fiscal support.
March sees Eurozone Sentix investor confidence fall to -3.1, reversing from February’s 4.2 reading
Written on March 9, 2026 at 4:57 pm, by davin
Eurozone Sentix confidence turns negative as Iran war escalates, disrupting energy markets; euro slips amid uncertainty.
Eurozone Sentix investor confidence dropped to -3.1 in March, reversing from the previous 4.2
Written on March 9, 2026 at 4:56 pm, by davin
Eurozone Sentix confidence dropped to -3.1 in March from 4.2, slipping from positive into negative.