Monthly Archives: March 2026
After breaking a triangle, Adobe extends heavy selling into wave five, nearing 240 where support may form
Written on March 4, 2026 at 12:36 pm, by davin
Adobe shares slide after triangle breakdown; fifth-wave decline nears 240 target, with 205–230 key support zone.
AUD/USD steadies near 0.7030 in early European trade, still under 0.7050; bullish tone persists
Written on March 4, 2026 at 11:37 am, by davin
AUD/USD stays near 0.7030, within ascending channel; momentum cools, resistance 0.7067/0.7147, support 0.6950/0.6929.
ING’s Chris Turner says US data may curb 2026 Fed easing, boosting USD; DXY needs energy improvement above 100.35
Written on March 4, 2026 at 11:37 am, by davin
US data and Beige Book could curb 2026 Fed easing hopes, supporting dollar; DXY capped near 100.35.
Ahead of key US data releases, the US Dollar’s rally stalls, leaving traders cautious and watchful
Written on March 4, 2026 at 11:36 am, by davin
Dollar steadies as markets await ADP/ISM data; Middle East tensions lift oil, while stocks dip, gold rebounds.
Spain’s HCOB Services PMI came in at 51.9, undershooting forecasts of 52.7 in February
Written on March 4, 2026 at 11:36 am, by davin
Spain’s HCOB Services PMI hit 51.9 in February, missing expectations of 52.7, indicating slower growth.
Danske Bank says eurozone inflation, just under target yet above forecasts, should keep ECB rates at 2.00% unchanged
Written on March 4, 2026 at 10:38 am, by davin
Eurozone inflation surprised higher in February; core services rebounded, ECB seen holding rates as energy pressures loom.
VersaBank posted Q1 earnings of $0.27 per share, matching forecasts and rising from $0.20 year-on-year
Written on March 4, 2026 at 10:38 am, by davin
VersaBank Q1 EPS met estimates at $0.27; revenue topped forecasts; shares up 13% YTD.
Early European trade sees EUR/GBP around 0.8710, as stronger Eurozone inflation lifts the euro versus sterling
Written on March 4, 2026 at 10:37 am, by davin
EUR/GBP firmed near 0.8710 as Eurozone inflation beat forecasts, lifting euro; BoE cut expectations dropped sharply.
DBS analyst Philip Wee warns the Dollar Index rally towards 100 appears overextended after two-session 2% rise
Written on March 4, 2026 at 10:36 am, by davin
DBS analyst says DXY rally near 100 looks stretched; safe-haven bid fades, range 96–100.4 persists.
Commerzbank’s Antje Praefcke says Middle East tensions harm the euro, as Europe relies on energy imports, and growth lags
Written on March 4, 2026 at 9:38 am, by davin
Middle East tensions lift energy costs, threatening Eurozone growth and inflation, pressuring euro lower versus dollar.
