Monthly Archives: March 2026
MUFG expects Middle East turmoil, energy shocks and flows to weaken the yen further, lifting USD/JPY
Written on March 24, 2026 at 4:31 am, by davin
MUFG warns yen weakness may persist as Middle East tensions lift energy costs, yields, and unhedged outflows.
US construction spending fell 0.3% month-on-month, missing the 0.1% rise forecast, according to latest data
Written on March 24, 2026 at 4:30 am, by davin
US construction spending fell 0.3% in January, missing forecasts for a 0.1% rise, signaling sector slowdown.
Societe Generale economists say the ECB may weigh early insurance rate rises, prioritising energy-shock data analysis
Written on March 24, 2026 at 4:01 am, by davin
Societe Generale says ECB may consider earlier insurance rate hikes if energy shock boosts inflation more than growth.
Geopolitical easing weakens the US dollar, sending USD/JPY down 0.40% to around 158.60, after 158.25
Written on March 24, 2026 at 4:00 am, by davin
USD/JPY slid to 158.60 as Trump delayed Iran strike plans, easing safe-haven demand and boosting yen.
TD Securities expects the Bank of Canada to hold its overnight rate at 2.25% through 2026, despite markets pricing tightening
Written on March 24, 2026 at 3:31 am, by davin
TD Securities forecasts Bank of Canada holding 2.25% through 2026, despite markets pricing 75 bps tightening.
Following Trump’s delayed Iranian energy strike plans, the weakening US Dollar leaves USD/CAD directionless, with CAD steady
Written on March 24, 2026 at 3:30 am, by davin
Canadian Dollar mixed as US dollar eased after Trump delayed Iran strikes; oil fell, limiting CAD pressure.
BNP Paribas expects 2026 US GDP 2.9% and inflation 3.0%, keeping Fed rate range 3.5–3.75%
Written on March 24, 2026 at 3:01 am, by davin
BNP Paribas sees stronger 2026 U.S. growth, steady Fed rates, higher inflation, and a weaker dollar.
Pesole at ING says risk-off conditions cap sterling gains, keeping EUR/GBP slightly above fair value estimate
Written on March 24, 2026 at 3:00 am, by davin
EUR/GBP trades slightly above ING fair value; ECB and BoE speakers, plus PMIs, may drive moves.
OCBC says BoE messaging drove market repricing, pricing 85bps tightening by 2026, delaying anticipated third-quarter cuts
Written on March 24, 2026 at 2:31 am, by davin
Bank of England messaging triggered repricing; 2026 hikes priced higher, cut less certain, GBP/USD stable amid stagflation risks.
Trump told Fox Business that Iran urgently seeks an agreement, possibly reached within five days or sooner
Written on March 24, 2026 at 2:30 am, by davin
Trump says Iran seeks deal within five days; markets turn risk-on as oil slides and stocks rise.
