Monthly Archives: March 2026
Oil Surges as Strait of Hormuz Risk Escalates
Written on March 2, 2026 at 2:53 pm, by casandra
Oil prices jump over 6% as Middle East conflict threatens Strait of Hormuz supply flows. Brent nears $80, markets weigh inflation and Fed rate cut risks. | VT Markets
During Asian trading, EUR/GBP held around 0.8770 above 0.8750, awaiting German retail sales figures
Written on March 2, 2026 at 2:50 pm, by davin
EUR/GBP held near 0.8770 as traders awaited German Retail Sales, weighing ECB stance and BOE expectations.
Gold slips from near $5,400 highs, yet remains above $5,300, gaining 1% on Middle East tensions
Written on March 2, 2026 at 2:21 pm, by davin
Gold steadies near $5,350 as Iran conflict fears, softer dollar, and Fed-cut hopes lift demand.
Amid Iran crisis fears, traders seek safe-haven Yen, pushing EUR/JPY down towards 184.20 in Asia
Written on March 2, 2026 at 2:20 pm, by davin
EUR/JPY slid below 184.50 as Iran tensions boosted safe-haven Yen; BOJ hinted hikes, ECB stayed cautious.
In February, Australia’s TD-MI annual inflation gauge held steady, remaining unchanged at 3.6%
Written on March 2, 2026 at 1:51 pm, by davin
Australia’s TD-MI Inflation Gauge held steady at 3.6% year-on-year in February, matching January’s unchanged pace.
Amid rising Middle East tensions, the US Dollar Index eases from five-week peaks, hovering near 97.90
Written on March 2, 2026 at 1:50 pm, by davin
Dollar Index slips from five-week highs as Middle East strikes boost safe-haven demand; Fed signals possible rate cuts.
BoJ Deputy Governor Himino says accommodative policy should slowly shift to neutral via moderate interest-rate rises
Written on March 2, 2026 at 1:20 pm, by davin
Himino says BoJ remains accommodative, will shift toward neutral with gradual hikes, watching inflation, markets closely.
During Asian hours, GBP/USD recovers near 1.3450, staying bearish inside a descending channel, eyeing 1.3500 averages
Written on March 2, 2026 at 12:51 pm, by davin
GBP/USD rebounds near 1.3450 but remains bearish below key EMAs; support 1.3350; resistance 1.3504–1.3518.
In February, Australia’s ANZ job advertisements eased to 3.2%, down from the previous 4.4%
Written on March 2, 2026 at 12:50 pm, by davin
ANZ reports Australian job ads fell to 3.2% in February from 4.4%, signaling slower vacancy growth.
Week Ahead: Gold and Oil Hit a Fever Pitch
Written on March 2, 2026 at 12:34 pm, by casandra
Fed rate cut expectations drive USD pricing, but Iran risk is now setting the tone for USOil and safe-haven demand in XAUUSD. | VT Markets
