Monthly Archives: March 2026
With softer PMI data, the firm US Dollar lifts USD/CAD near 1.3765 as the Canadian Dollar weakens
Written on March 24, 2026 at 11:53 pm, by davin
USD/CAD neared two-month highs as strong US Dollar, Middle East tensions, and oil-driven inflation lifted yields.
Driven by firmer oil and rising Treasury yields, the dollar strengthens, pushing sterling lower to 1.3400
Written on March 24, 2026 at 11:52 pm, by davin
Pound slips as dollar strengthens on oil and yields; Middle East tensions and weak UK PMI weigh.
Amid uncertainty, the Dollar stays firm, lifting USD/JPY to about 158.70, up 0.16%
Written on March 24, 2026 at 11:52 pm, by davin
USD/JPY rose to 158.70 as safe-haven dollar demand persisted; Fed hold bets grew, Japan inflation eased.
Gold trades quietly as investors remain cautious, weighing mixed US–Iran negotiation signals amid Middle East conflict
Written on March 24, 2026 at 11:51 pm, by davin
Gold traded quietly near $4,425 amid Middle East uncertainty, mixed US-Iran signals, and higher yields pressuring prices.
EUR regains slightly, trimming EUR/USD losses as the US Dollar retreats from highs after PMI data
Written on March 24, 2026 at 11:51 pm, by davin
EUR/USD trims losses near 1.1590 as softer PMI data dents dollar; Middle East tensions shift rates.
Scotiabank analysts report Sterling slightly weaker versus the Dollar, holding near 1.34 after rebounding from March lows
Written on March 24, 2026 at 11:50 pm, by davin
Sterling slips to 1.34; mixed UK PMIs and BOE Pill speech eyed as GBP/USD consolidates.
Deutsche Bank’s Mallika Sachdeva says Iran conflict may challenge petrodollar system, undermining dollar’s global reserve status
Written on March 24, 2026 at 9:52 pm, by davin
Deutsche Bank warns Iran conflict may accelerate petrodollar erosion, boosting yuan oil payments and weakening dollar dominance.
TD Securities sees ECB Watchers’ Conference and PMIs guiding expectations, with policymakers urging patience, remaining ready to act
Written on March 24, 2026 at 9:51 pm, by davin
ECB conference highlights readiness to act as France contracts, Germany rebounds; costs rise, jobs weaken amid turmoil.
BoE Chief Economist Huw Pill said he will act if Middle East war drives inflation pressures higher
Written on March 24, 2026 at 9:51 pm, by davin
BoE’s Huw Pill says ready to act on Middle East-linked inflation; uncertainty shouldn’t delay policy response.
Scotiabank says USD/CAD tests mid-1.37 resistance, while the Canadian dollar stays steady, limiting further gains
Written on March 24, 2026 at 9:50 pm, by davin
USD/CAD stayed rangebound near mid-1.37s; oil-supported CAD undervalued, BoC risks watched; resistance mid-1.37, support 1.3690.
