Monthly Archives: March 2026
Sterling weakens against the Dollar as Middle East tensions and robust US jobs data weigh on GBP
Written on March 6, 2026 at 6:21 am, by
GBP/USD slips to 1.3337 as Middle East tensions, firm dollar and US jobs data await Friday’s NFP.
A video reviews his private webinar’s bearish S&P 500 outlook, later followed by a 166-point drop
Written on March 6, 2026 at 5:53 am, by
Video recounts bearish Elliott Wave webinar call; S&P 500 later fell 166 points after confirmed trendline break.
TD Securities says the Bank of Canada weighs oil, domestic demand and trade risks; Q1 GDP proves pivotal
Written on March 6, 2026 at 5:51 am, by
TD Securities says BoC weighs trade risks, oil and demand; Q1 GDP crucial to avoid disinflation, cuts.
Geopolitical uncertainty and high energy prices support the Dollar; Turner sees DXY edging higher amid private-credit worries
Written on March 6, 2026 at 5:21 am, by
Middle East tensions and higher energy prices boost the dollar, while markets monitor DXY range and BDC redemption risks.
Scotiabank says the Canadian Dollar shows resilience, staying firm versus the US Dollar since US/Iran tensions began
Written on March 6, 2026 at 5:20 am, by
Canadian dollar steady amid risk aversion; BoC neutral pricing, weak oil link; USD/CAD bearish near 1.36.
Bitcoin clears 74K resistance, fuelling Nifty hopes; short-term aims 76–77K, longer-term targeting 126K+
Written on March 6, 2026 at 4:51 am, by
Bitcoin targets $76K–$77K near-term, $126K+ longer; gold/silver bearish; Nifty, Bank Nifty watch breakouts.
US unemployment claims slightly beat expectations, with 213K new applications recorded for the week ending February 28
Written on March 6, 2026 at 4:50 am, by
US initial jobless claims held at 213K, under expectations; four-week average fell, continuing claims rose. Dollar gained.
Rabobank’s Jane Foley says sterling has lately beaten the euro as BoE cut hopes diminish, despite risks
Written on March 6, 2026 at 4:21 am, by
Pound outperforms euro; Rabobank sees EUR/GBP near 0.87, rising later amid UK risks, inflation.
Richmond Fed President Tom Barkin says policymakers will decide each meeting, judging inflation effects from rising petrol prices
Written on March 6, 2026 at 4:20 am, by
Barkin said Fed will decide meeting-by-meeting, watching gas-driven inflation, productivity, jobs, tariffs, and balance-sheet reduction.
Despite energy price shocks, the yen stays firm as BoJ rate-rise expectations persist, possibly by April
Written on March 6, 2026 at 3:51 am, by
Japan’s yen holds steady after energy shock, backed by expectations the Bank of Japan will raise rates.
