Monthly Archives: March 2026
Amid rising oil and Iran tensions, risk aversion supports the dollar, pushing sterling lower against it

Written on March 10, 2026 at 6:51 am, by davin
GBP/USD slid to 1.3366 as risk-off Iran tensions lifted dollar demand; oil surged; traders watched key data.
Supported by upbeat Chinese inflation, AUD/USD edges up near 0.7040, though USD strength caps increases
Written on March 10, 2026 at 6:50 am, by davin
AUD/USD rose near 0.7040 as strong China CPI/PPI boosted AUD, but USD demand capped gains.
Despite supportive rate expectations, the Euro weakens against the Dollar as markets prioritise heightened geopolitical risks
Written on March 10, 2026 at 6:21 am, by davin
EUR/USD slipped 0.5%, bearish momentum persists amid geopolitical risks; support 1.1520-1.15, resistance 1.1650, range-bound.
TD Securities says the Federal Reserve will pause, awaiting clarity amid Iran tensions and mixed US labour data

Written on March 10, 2026 at 6:20 am, by davin
TD Securities expects Fed to hold rates near term, then cut starting June amid uncertainty.
BNP Paribas expects the euro to strengthen against the dollar as Europe grows and US fiscal policy shifts
Written on March 10, 2026 at 5:51 am, by davin
BNP Paribas forecasts EUR/USD at 1.20 by Q4 2026, driven by stronger eurozone growth, policy shifts.
As oil jumps 9%, US shares begin 1% down, though the decline might have been worse

Written on March 10, 2026 at 5:51 am, by davin
US stocks fell as oil surged on Hormuz closure; Saudi cuts, Hims deal rallied, inflation fears grew.
Despite volatility surging, strategists say the yen remains weak, leaving scope for a rebound

Written on March 10, 2026 at 5:21 am, by davin
Despite volatility spike, Japan’s yen stays weak as carry trades persist; Middle East risks may trigger rebound.
GBP/JPY rises for a third session as traders trim BoE cut bets amid oil-fuelled inflation worries

Written on March 10, 2026 at 5:20 am, by davin
GBP/JPY neared 211.70 as shifting BoE-BoJ rate expectations weakened Yen; Middle East tensions boosted volatility.
Eaton’s shares, after nearing $410, fell about $90 rapidly, now challenging a yearlong support trendline
Written on March 10, 2026 at 4:51 am, by davin
Eaton shares rebounded above key $340 support; holding targets $370–$380, while breakdown risks $315–$320 retest.
After Amazon tested the $208 pre-market gap-fill, a bounce is less likely; lower support may follow
Written on March 10, 2026 at 4:50 am, by davin
Amazon hit the $208 gap-fill premarket; bounce odds fell. Below $208, watch $201 support, then $193.