Monthly Archives: March 2026
In January, the Eurozone’s non-seasonally adjusted current account fell to €13B from €34.6B previously
Written on March 20, 2026 at 2:51 pm, by davin
Eurozone current account balance fell to €13bn in January from €34.6bn, marking a €21.6bn drop.
In January, Eurozone seasonally adjusted current account totalled €37.9B, far exceeding forecasts of €17.2B
Written on March 20, 2026 at 2:50 pm, by davin
Eurozone January seasonally adjusted current account surplus hit €37.9bn, exceeding the €17.2bn forecast by €20.7bn.
MUFG’s Derek Halpenny warns Brent’s fall below $105 may fade, with conflict still lifting upside risks
Written on March 20, 2026 at 1:52 pm, by davin
Brent slid on de-escalation hopes, but tight supply, falling inventories, and possible Iran sanctions relief keep risks up.
ING strategists observe the dollar weakening as ECB and BoE hawkishness outweighs Powell’s latest remarks
Written on March 20, 2026 at 1:51 pm, by davin
Dollar slid as ECB/BoE hawkishness and oil stayed high; commodity moves dominated FX amid cautious war optimism.
ECB officials Villeroy de Galhau and Muller discussed slightly higher inflation and geopolitical uncertainty during European trading hours
Written on March 20, 2026 at 1:51 pm, by davin
ECB officials cited inflation uncertainty; ECB stays vigilant and ready to act; euro rose then eased.
Markets weigh central bank outlooks as major currency pairs steady, with traders watching policy signals closely
Written on March 20, 2026 at 1:50 pm, by davin
Markets were quiet as BoE and ECB held rates, Middle East risks persisted, and dollar steadied.
Nagel says the ECB could raise rates in April if inflation prospects worsen, amid officials’ comments
Written on March 20, 2026 at 12:54 pm, by davin
ECB officials warned inflation risks may rise, potentially requiring tighter policy; euro edged up amid uncertainty.
During European trading, the Canadian dollar beats peers, holds steady versus the US dollar near 1.3740
Written on March 20, 2026 at 12:54 pm, by davin
Canadian Dollar outperformed peers, steady near 1.3740 as oil dipped; BoC, Fed seen holding rates longer.
Following a 2026 peak, SPX declines methodically, almost meeting the previously forecast 6,521 target
Written on March 20, 2026 at 12:53 pm, by davin
SPX likely peaked at 7,002; diagonal decline continues, bounce possible soon, next target 6,079 below SMA.
Later in Asia, GBP/USD slips towards 1.3400 as DXY rebounds, pressuring Sterling from highs
Written on March 20, 2026 at 12:52 pm, by davin
GBP/USD slipped 0.2% near 1.3400 as dollar rebounded; BoE held rates, inflation forecast raised.