Monthly Archives: March 2026

During European hours, EUR/CAD resumes declines near 1.5850, pressured by rising oil prices after flat trade

Written on March 5, 2026 at 8:51 pm, by

EUR/CAD slips toward 1.5850 as oil boosts Canadian Dollar; euro softens ahead of Eurozone retail sales.

Italy’s year-on-year unadjusted retail sales climbed to 2.3%, rising from 0.9% previously, in January

Written on March 5, 2026 at 8:21 pm, by

Italy’s January retail sales rose 2.3% year-on-year, accelerating from 0.9% previously, highlighting stronger consumer demand.

Italian seasonally adjusted retail sales fell 0.8% month-on-month, missing the forecasted 0.2% rise in January

Written on March 5, 2026 at 8:20 pm, by

Italy’s January retail sales fell 0.8% versus a 0.2% forecast, signaling weaker consumer spending.

BNY strategist Geoff Yu says European gas futures repriced sharply beyond assumptions in recent ECB projections, challenging policy path

Written on March 5, 2026 at 7:51 pm, by

Gas futures surge may lift Eurozone inflation 100bp, increasing ECB rate-hike odds despite rising growth risks.

During European trading, the yen weakens as fading dovish Fed expectations lift USD/JPY near 157.35

Written on March 5, 2026 at 7:51 pm, by

Yen fell versus dollar as strong US data lifted DXY; Fed cut bets eased amid tensions.

Austria’s quarter-on-quarter GDP slipped to 0% from 0.2%, indicating stagnation during the fourth quarter

Written on March 5, 2026 at 7:21 pm, by

Austria’s GDP was flat in Q4 at 0% growth, following modest 0.2% expansion in the prior quarter.

During European trading, USD/CAD trades near 1.3645, holding the 20-day EMA as dollar rebounds, loonie firms

Written on March 5, 2026 at 7:21 pm, by

USD/CAD flat near 1.3645 as stronger US Dollar offset steady CAD; oil prices supported loonie, data.

Amid ongoing Middle East war, traders seek safety, bolstering gold strength for a second consecutive session

Written on March 5, 2026 at 6:51 pm, by

Gold rose for a second day as Middle East conflict and weaker dollar boosted demand, amid inflation fears.

Spain’s year-on-year, calendar-adjusted industrial output rose 0.3%, missing forecasts of 1.7% in January

Written on March 5, 2026 at 6:50 pm, by

Spain’s calendar-adjusted industrial output rose 0.3% in January year-on-year, missing the 1.7% forecast expectation.

Danske Research Team says Middle East tensions keep oil watched, highlighting supply risks and strategic reserves

Written on March 5, 2026 at 6:21 pm, by

Oil markets stabilised as Middle East tensions raised Iran-linked supply risks and Strait of Hormuz disruption fears.

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