Monthly Archives: March 2026
Amid Middle East tensions, the yen stays weak as USD/JPY rises early week but stalls below 157

Written on March 2, 2026 at 12:21 pm, by davin
USD/JPY edged higher but stalled below 157.00 as Iran strike jitters fueled safe-haven flows and caution.
Asian trading sees WTI near $70.65, the highest since June 2025, amid US-Israel strikes fears
Written on March 2, 2026 at 12:20 pm, by davin
WTI rises above $70.50 as Iran conflict escalates, Hormuz closure fears grow, and OPEC+ boosts output.
Ireland’s AIB Manufacturing PMI climbed to 53.1 from 52.2, indicating stronger factory activity in February

Written on March 2, 2026 at 11:51 am, by davin
Ireland’s AIB manufacturing PMI climbed to 53.1 in February from 52.2, signalling faster expansion.
Amid Middle East tensions, the Australian Dollar rebounds; AUD/USD recoups gap losses, hovering near 0.7070 in Asia
Written on March 2, 2026 at 11:50 am, by davin
AUD/USD rebounded to 0.7070 after weekend strikes on Iran sparked risk aversion, boosting safe-haven US dollar demand.
EUR/USD opens lower on USD safe-haven demand, yet selling fades, holding above the mid-1.1700s early
Written on March 2, 2026 at 11:21 am, by davin
EUR/USD dips as safe-haven dollar rallies; breaks range, momentum weakens, resistance 1.1828, support 1.1750.
Amid Middle East tensions, safe-haven buying lifts XAG/USD in early Asian trade, nearing $95 after strikes

Written on March 2, 2026 at 11:20 am, by davin
Silver climbs to $94.90 as Middle East tensions spur safe-haven demand; strong US PPI boosts dollar pressure.
Safe-haven demand lifts the US dollar, while rising oil limits USD/CAD gains as the Canadian dollar weakens
Written on March 2, 2026 at 10:51 am, by davin
USD/CAD climbed on safe-haven dollar demand after Iran strikes, while higher oil supported Canadian dollar.
In Australia, fourth-quarter company gross operating profits rose 5.8% quarter-on-quarter, exceeding the 3.6% forecast

Written on March 2, 2026 at 10:50 am, by davin
Australia’s Q4 company gross operating profits rose 5.8% quarter-on-quarter, surpassing the 3.6% market forecast.
Japan’s Jibun Bank Manufacturing PMI beats the 52.8 forecast, reaching 53 in February data release

Written on March 2, 2026 at 10:21 am, by davin
Japan’s February Jibun Bank Manufacturing PMI rose to 53.0, beating forecasts and signaling continued sector expansion.
During Asian hours, S&P 500 futures dropped past 1% to 6,820 as US-Israel Iran strikes spurred risk aversion

Written on March 2, 2026 at 10:21 am, by davin
S&P 500 futures drop 1% after US-Israeli strikes on Iran; oil jumps, Hormuz shipments halted.