About: davin
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Deutsche Bank’s Mallika Sachdeva says Iran conflict may challenge petrodollar system, undermining dollar’s global reserve status
Deutsche Bank warns Iran conflict may accelerate petrodollar erosion, boosting yuan oil payments and weakening dollar dominance.
Written on March 24, 2026 at 9:52 pm
Categories: Live Updates
TD Securities sees ECB Watchers’ Conference and PMIs guiding expectations, with policymakers urging patience, remaining ready to act
ECB conference highlights readiness to act as France contracts, Germany rebounds; costs rise, jobs weaken amid turmoil.
Written on March 24, 2026 at 9:51 pm
Categories: Live Updates
BoE Chief Economist Huw Pill said he will act if Middle East war drives inflation pressures higher
BoE’s Huw Pill says ready to act on Middle East-linked inflation; uncertainty shouldn’t delay policy response.
Written on March 24, 2026 at 9:51 pm
Categories: Live Updates
Scotiabank says USD/CAD tests mid-1.37 resistance, while the Canadian dollar stays steady, limiting further gains
USD/CAD stayed rangebound near mid-1.37s; oil-supported CAD undervalued, BoC risks watched; resistance mid-1.37, support 1.3690.
Written on March 24, 2026 at 9:50 pm
Categories: Live Updates
AUD/USD drops to about 0.6950 as risk aversion and Middle East tensions boost the US Dollar
AUD/USD neared 0.6950 as Middle East tensions boosted US Dollar demand, while weak Australian PMI pressured.
Written on March 24, 2026 at 8:51 pm
Categories: Live Updates
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