Monthly Archives: March 2026
EUR/GBP stays pressured as traders back the Pound, rethinking ECB and BoE policy amid oil concerns
Written on March 11, 2026 at 9:55 pm, by
EUR/GBP slid to 0.8628 as oil-price fears shifted BoE cut expectations, slightly outweighing ECB tightening bets.
IEA reports 32 members’ unanimous plan to release 400 million reserve oil barrels to markets, historic scale
Written on March 11, 2026 at 9:53 pm, by
IEA members agreed to release 400 million barrels from emergency reserves, largest coordinated strategic oil release ever.
OPEC maintains 2026-2027 global oil demand growth forecasts unchanged, while WTI continues struggling to find direction
Written on March 11, 2026 at 7:53 pm, by
OPEC kept 2026-27 oil demand growth forecasts unchanged as OPEC+ output rose; Japan, Germany plan reserve releases.
Scotiabank strategists say USD/CAD remains range-bound, as tighter rate spreads and higher oil underpin CAD strength
Written on March 11, 2026 at 7:52 pm, by
Canadian dollar steadied as oil rose, rate spreads narrowed; USD/CAD consolidates near 1.35 with bearish signals.
GBP/USD climbed to 1.3450, helped by Middle East easing hopes and oil-driven UK inflation relief
Written on March 11, 2026 at 5:51 pm, by
GBP/USD climbs to 1.3450 as easing Middle East tensions and falling oil prices reduce UK inflation fears.
Rabobank expects EUR/USD to stay volatile, as rising oil and food prices boost inflation fears and dollar demand
Written on March 11, 2026 at 5:50 pm, by
Rabobank sees volatile EUR/USD, range-bound through 2026; higher energy prices boost dollar demand, risking declines.
US core seasonally adjusted Consumer Price Index rises to 333.51, compared with the previous 332.79 in February
Written on March 11, 2026 at 4:52 pm, by
U.S. core CPI, excluding food and energy, rose to 333.51 in February from 332.79 in January.
In February, US core CPI rose 2.5% year-on-year, matching forecasts for the annual reading
Written on March 11, 2026 at 4:51 pm, by
US core inflation rose 2.5% year-on-year in February, matching forecasts and indicating underlying price pressures.
February’s US monthly Consumer Price Index matched forecasts, rising 0.3% and meeting market expectations
Written on March 11, 2026 at 4:50 pm, by
U.S. Consumer Price Index rose 0.3% month-on-month in February, matching forecasts; report provided no further details.
OCBC strategists note gold’s rebound as the dollar and oil retreat, with Iran tensions easing too
Written on March 11, 2026 at 3:52 pm, by
Gold rebounded as dollar and oil fell; Iran conflict eased; Fed-rate uncertainty and technical levels guided trade.
