Monthly Archives: March 2026
Following weaker UK economic figures, sterling slides against the yen, with GBP/JPY near 211.50, erasing week gains
Written on March 13, 2026 at 4:51 pm, by
Sterling slid versus yen after flat UK GDP and weak output data; GBP/JPY retreated near 211.50.
Following weak UK GDP figures, sterling faces heavy selling, pushing GBP/USD towards its year-to-date low again
Written on March 13, 2026 at 4:51 pm, by
GBP/USD slid toward mid-1.3200s after flat UK January GDP, weaker output data, and renewed dollar strength.
BEA cut US fourth-quarter annualised GDP growth to 0.7%, below the 1.4% forecast and first estimate
Written on March 13, 2026 at 3:57 pm, by
BEA revised Q4 US annualised GDP growth to 0.7%, citing weaker exports, spending, investment; dollar steady.
BEA reports US annual PCE inflation slipped to 2.8%, below expectations, down from December’s 2.9%
Written on March 13, 2026 at 3:56 pm, by
US PCE inflation eased to 2.8% in January; core held 3.1%, income and spending rose 0.4%.
In January, US core PCE inflation matched forecasts at 3.1% year-on-year, meeting expectations exactly
Written on March 13, 2026 at 3:54 pm, by
US core PCE inflation rose 3.1% year-on-year in January, matching forecasts and reinforcing steady price pressures.
In February, Canada’s participation rate edged down to 64.9%, slipping from the prior 65%
Written on March 13, 2026 at 3:53 pm, by
Canada’s labour force participation rate slipped to 64.9% in February, from 65%, reflecting fewer working-age Canadians.
February saw Canada’s employment fall by 83.9K, missing forecasts of a 10K increase
Written on March 13, 2026 at 3:53 pm, by
Canada’s February employment fell 83.9K, missing the 10K gain forecast by 93.9K overall.
Canada’s unemployment rate reached 6.7%, slightly exceeding the 6.6% forecast during February labour market reporting
Written on March 13, 2026 at 3:52 pm, by
Canada’s unemployment rate increased to 6.7% in February, slightly above the 6.6% forecast, data shows.
ING’s Chris Turner says rising dollar-priced energy costs weigh on European firms, pushing EUR/USD below 1.1500
Written on March 13, 2026 at 3:52 pm, by
EUR/USD slipped below 1.1500 as energy costs and widening eurozone spreads pressured sentiment; key support near 1.1400.
MUFG’s Derek Halpenny says the Australian dollar gains from RBA hike bets and rising oil prices
Written on March 13, 2026 at 3:50 pm, by
Australian Dollar gains on RBA tightening bets and higher energy exports; oil spike risks recession-driven declines.