Monthly Archives: March 2026
Baker Hughes reports US oil rigs rising to 414, compared with the previous count of 412
Written on March 21, 2026 at 12:50 am, by davin
Baker Hughes reports US active oil rigs rose to 414, up two rigs from the previous 412 count.
After two days’ steep falls, gold slid further, nearing $4,500, heading for a third weekly loss
Written on March 20, 2026 at 11:52 pm, by davin
Gold slid to February lows near $4,500 as higher-for-longer rates, stronger dollar, and yields pressured prices.
Driven by Iran war and hawkish Fed, he sees US indices drop, extending four-week losses
Written on March 20, 2026 at 11:52 pm, by davin
US stocks slid for fourth weekly loss as Middle East tensions, oil surge, and quadruple witching rattled markets.
EUR/USD edges lower, sellers dominate below 1.1600, as firmer dollar caps euro rebound attempts
Written on March 20, 2026 at 11:51 pm, by davin
EUR/USD slipped as dollar rebounded, staying below key averages; resistance 1.1600, support 1.1400, momentum muted overall.
Sterling weakens as GBP/USD falls under 1.3350, driven by oil strength, conflict fears and Fed expectations
Written on March 20, 2026 at 11:50 pm, by davin
GBP/USD dropped 0.84% as Middle East tensions, surging oil, and 2026 Fed-cut doubts boosted dollar.
Heightened Middle East conflict and rising oil drive risk aversion, pushing GBP/USD below 1.3350 as dollar strengthens
Written on March 20, 2026 at 10:52 pm, by davin
GBP/USD slid 0.84% as Middle East conflict and oil-driven inflation boosted dollar; Fed cuts for 2026 vanished.
Geopolitical strains spark safe-haven buying, pushing AUD/USD to 0.7040 despite Australia’s supportive rate settings
Written on March 20, 2026 at 10:51 pm, by davin
AUD/USD slid to 0.7040 as risk aversion boosted USD; RBA hikes couldn’t offset Middle East tensions.
USD/CAD climbs from lows, pressured by soft Canadian retail sales and strengthened US dollar support
Written on March 20, 2026 at 10:51 pm, by davin
USD/CAD climbed to 1.3735 as weak Canadian retail sales and a rebounding US dollar boosted.
Nordea’s Sara Midtgaard says the Fed held rates and signalled gradual easing with future 25bp cuts
Written on March 20, 2026 at 10:50 pm, by davin
Fed holds rates at 3.5–3.75%, signals no near-term cuts; slow easing depends on inflation progress, risks.
Pentagon deploys 2,200–2,500 California-based USS Boxer Marines and 11th MEU, with three warships, to Middle East
Written on March 20, 2026 at 9:52 pm, by davin
Pentagon deploying 2,200-2,500 Marines and three warships to Middle East; markets stay risk-averse, dollar steady.
