Monthly Archives: March 2026
US API weekly crude inventories fell by 1.7 million, undershooting forecasts of a 1.4 million rise
Written on March 11, 2026 at 5:01 am, by josephine
US crude oil inventories fell 1.7 million barrels, defying forecasts for a 1.4 million barrel rise, API reported.
Late US trade saw NZD/USD near 0.5930, with the Kiwi relinquishing earlier gains and reversing direction
Written on March 11, 2026 at 4:03 am, by josephine
NZD/USD slipped to 0.5930 as USD rebounded; oil volatility and upcoming US, NZ data steer direction.
USD/CHF rebounds near 0.7800 as the dollar stabilises, while Wall Street sentiment weakens and most indices fall
Written on March 11, 2026 at 4:02 am, by josephine
USD/CHF gained 0.20%, consolidating as RSI improves; resistance 0.7810, support 0.7750 amid strong CHF.
Rivian shares rise 7% after analyst upgrades, briefly topping 10%, ahead of its upcoming vehicle launch
Written on March 11, 2026 at 4:01 am, by josephine
Rivian shares jumped 7% after analyst upgrades; traders eye $17.72 gap-fill resistance ahead of launch.
Amid Bitcoin swings, Strategy’s shares regain their range after tumbling over 60% from July highs
Written on March 11, 2026 at 4:00 am, by josephine
MSTR dropped 60% as Bitcoin fell 40%; reclaiming its channel targets $187.49 and $239.03 if BTC rises.
UOB’s Ho Woei Chen says early-2026 trade supports China’s growth, shifting from US towards ASEAN, EU
Written on March 11, 2026 at 3:07 am, by josephine
China’s Jan–Feb 2026 trade surged: exports +21.8%, imports +19.8%, surplus $213.6bn; shifting from US.
AUD rises almost 1% as RBA hike hopes lift AUD/USD above 0.7100 to 0.7131
Written on March 11, 2026 at 3:06 am, by josephine
AUD/USD hit 0.7168 on RBA hike speculation; eyes 0.7100 close, momentum indicators, key support/resistance.
A broader S&P500 pullback continues, yet it may still reach fresh record highs, emphasising closing prices
Written on March 11, 2026 at 3:06 am, by josephine
Closing prices guide key levels: index fell 3.5%, broke 6780, bottomed 6636; correction may persist.
As oil falls, the US dollar retreats, lifting gold above $5,180; XAU/USD trades near $5,187, up 0.5%
Written on March 11, 2026 at 3:05 am, by josephine
Gold rose as dollar eased, oil plunged on Iran de-escalation hopes; Fed cuts priced, CPI awaited.
MUFG’s Michael Wan says Iran headlines jar Asian currencies, given reliance on Middle East energy via Hormuz flows
Written on March 11, 2026 at 2:03 am, by josephine
Asian currencies wobble on Iran tensions, as Asia depends on Hormuz energy routes; MUFG stays cautious.
