Monthly Archives: March 2026
Amid risk aversion and robust US data, the US Dollar strengthens, pushing AUD/USD down near 0.7010
Written on March 6, 2026 at 6:50 am, by davin
AUD/USD falls near 0.7010 as strong US data and risk-off mood offset weaker Australian trade surplus.
US EIA natural gas storage fell by 132B, undershooting the expected 122B withdrawal in February
Written on March 6, 2026 at 6:21 am, by davin
US EIA reported a 132B natural gas storage draw on February 27, exceeding expectations by 10B.
Sterling weakens against the Dollar as Middle East tensions and robust US jobs data weigh on GBP
Written on March 6, 2026 at 6:21 am, by davin
GBP/USD slips to 1.3337 as Middle East tensions, firm dollar and US jobs data await Friday’s NFP.
A video reviews his private webinar’s bearish S&P 500 outlook, later followed by a 166-point drop
Written on March 6, 2026 at 5:53 am, by davin
Video recounts bearish Elliott Wave webinar call; S&P 500 later fell 166 points after confirmed trendline break.
TD Securities says the Bank of Canada weighs oil, domestic demand and trade risks; Q1 GDP proves pivotal
Written on March 6, 2026 at 5:51 am, by davin
TD Securities says BoC weighs trade risks, oil and demand; Q1 GDP crucial to avoid disinflation, cuts.
Geopolitical uncertainty and high energy prices support the Dollar; Turner sees DXY edging higher amid private-credit worries
Written on March 6, 2026 at 5:21 am, by davin
Middle East tensions and higher energy prices boost the dollar, while markets monitor DXY range and BDC redemption risks.
Scotiabank says the Canadian Dollar shows resilience, staying firm versus the US Dollar since US/Iran tensions began
Written on March 6, 2026 at 5:20 am, by davin
Canadian dollar steady amid risk aversion; BoC neutral pricing, weak oil link; USD/CAD bearish near 1.36.
Bitcoin clears 74K resistance, fuelling Nifty hopes; short-term aims 76–77K, longer-term targeting 126K+
Written on March 6, 2026 at 4:51 am, by davin
Bitcoin targets $76K–$77K near-term, $126K+ longer; gold/silver bearish; Nifty, Bank Nifty watch breakouts.
US unemployment claims slightly beat expectations, with 213K new applications recorded for the week ending February 28
Written on March 6, 2026 at 4:50 am, by davin
US initial jobless claims held at 213K, under expectations; four-week average fell, continuing claims rose. Dollar gained.
Rabobank’s Jane Foley says sterling has lately beaten the euro as BoE cut hopes diminish, despite risks
Written on March 6, 2026 at 4:21 am, by davin
Pound outperforms euro; Rabobank sees EUR/GBP near 0.87, rising later amid UK risks, inflation.
