Monthly Archives: March 2026
Ahead of key US data releases, the US Dollar’s rally stalls, leaving traders cautious and watchful
Written on March 4, 2026 at 11:36 am, by
Dollar steadies as markets await ADP/ISM data; Middle East tensions lift oil, while stocks dip, gold rebounds.
Spain’s HCOB Services PMI came in at 51.9, undershooting forecasts of 52.7 in February
Written on March 4, 2026 at 11:36 am, by
Spain’s HCOB Services PMI hit 51.9 in February, missing expectations of 52.7, indicating slower growth.
Danske Bank says eurozone inflation, just under target yet above forecasts, should keep ECB rates at 2.00% unchanged
Written on March 4, 2026 at 10:38 am, by
Eurozone inflation surprised higher in February; core services rebounded, ECB seen holding rates as energy pressures loom.
VersaBank posted Q1 earnings of $0.27 per share, matching forecasts and rising from $0.20 year-on-year
Written on March 4, 2026 at 10:38 am, by
VersaBank Q1 EPS met estimates at $0.27; revenue topped forecasts; shares up 13% YTD.
Early European trade sees EUR/GBP around 0.8710, as stronger Eurozone inflation lifts the euro versus sterling
Written on March 4, 2026 at 10:37 am, by
EUR/GBP firmed near 0.8710 as Eurozone inflation beat forecasts, lifting euro; BoE cut expectations dropped sharply.
DBS analyst Philip Wee warns the Dollar Index rally towards 100 appears overextended after two-session 2% rise
Written on March 4, 2026 at 10:36 am, by
DBS analyst says DXY rally near 100 looks stretched; safe-haven bid fades, range 96–100.4 persists.
Commerzbank’s Antje Praefcke says Middle East tensions harm the euro, as Europe relies on energy imports, and growth lags
Written on March 4, 2026 at 9:38 am, by
Middle East tensions lift energy costs, threatening Eurozone growth and inflation, pressuring euro lower versus dollar.
USD/CAD climbs near 1.3700 as ongoing safe-haven demand lifts the US Dollar bid overall
Written on March 4, 2026 at 9:37 am, by
USD/CAD nears 1.3695; oil surge supports CAD; weak Canadian GDP; BoC steady; key support/resistance levels.
In February, Japan’s Consumer Confidence Index reached 40, exceeding forecasts of 38.2 by analysts
Written on March 4, 2026 at 9:37 am, by
Japan’s Consumer Confidence Index rose to 40 in February, beating forecasts, signaling improved household sentiment.
FXStreet data shows gold prices increased in the United Arab Emirates, with the precious metal climbing overall today
Written on March 4, 2026 at 9:36 am, by
UAE gold prices climbed Wednesday: AED 609.18 per gram, tola AED 7,105.33, FXStreet data showed.