Monthly Archives: March 2026
MUFG’s Lloyd Chan says Brent tops $90 as Iraq and Hormuz risks eclipse IEA reserve release impact
Written on March 12, 2026 at 12:02 pm, by josephine
Brent crude rose above $90 as Iraq, Hormuz supply risks outweighed IEA’s record 400-million-barrel release plan.
USD/INR remains stable, as rupee weakness counters improved market mood after a mistakenly republished analysis
Written on March 12, 2026 at 11:05 am, by josephine
USD/INR steady as hedging and outflows weigh; lower oil aids risk as IEA considers record release.
BNY strategist Geoff Yu says SNB may intervene, yet can tolerate franc strength given real effective rates
Written on March 12, 2026 at 11:05 am, by josephine
SNB signals readiness to intervene to curb franc volatility, favoring tactical liquidity steps amid safe-haven inflows.
For a third session, GBP/USD slips to weekly lows, then claws back towards 1.3400, slightly down
Written on March 12, 2026 at 11:04 am, by josephine
GBP/USD hit weekly low near 1.3370 as safe-haven dollar rose amid escalating Middle East conflict tensions.
Standard Chartered’s Nicholas Chia expects RBA rates at 4.10%, then 4.35% after a Q2 increase
Written on March 12, 2026 at 11:03 am, by josephine
Standard Chartered expects RBA to hike to 4.10% in March, terminal 4.35%; oil-driven inflation expectations.
Commerzbank says oil and Brent rose despite IEA emergency release, amid Hormuz tensions and US output prospects
Written on March 12, 2026 at 10:10 am, by josephine
Oil and Brent rose on Hormuz attack fears; IEA released 400 million barrels, gains persisted.
Safe-haven demand amid Gulf tensions pushes EUR/JPY near 183.50, though overall bullish sentiment remains intact
Written on March 12, 2026 at 10:09 am, by josephine
EUR/JPY dips to 183.55 as Iran tensions boost yen; ECB hawkish comments lift euro rate-hike expectations.
Early European trade sees USD/CHF near 0.7820, lifted by inflation fears and expected Fed hawkishness
Written on March 12, 2026 at 10:08 am, by josephine
USD/CHF climbs to 0.7820 as oil-driven inflation fears bolster dollar; Middle East tensions support Swiss franc demand.
FXStreet data shows gold prices in Saudi Arabia declined, with the metal trading lower today overall
Written on March 12, 2026 at 10:07 am, by josephine
Gold prices in Saudi Arabia fell Thursday, with gram at SAR 620.68 and tola at SAR 7,239.49.
FXStreet data shows gold prices in the Philippines declined, with values falling during Thursday trading sessions
Written on March 12, 2026 at 10:07 am, by josephine
Gold prices in the Philippines fell Thursday: PHP 9,862.49/gram and PHP 115,034.20/tola, FXStreet reports.