Monthly Archives: March 2026
India’s foreign exchange reserves rose from $723.61bn to $728.49bn, with dollar holdings increasing in February
Written on March 6, 2026 at 2:57 pm, by josephine
India’s forex reserves climbed to $728.49bn on February 23, rising $4.88bn from $723.61bn, latest.
During the European session, XAG/USD holds near $82.80 as investors await February US Nonfarm Payrolls data
Written on March 6, 2026 at 2:56 pm, by josephine
Silver steadies near $82.80 ahead of US NFP; Fed rate expectations, geopolitics, and key technical levels guide.
Eurozone seasonally adjusted quarterly GDP for the fourth quarter was 0.2%, missing the 0.3% forecast
Written on March 6, 2026 at 1:59 pm, by josephine
Eurozone GDP rose 0.2% in Q4, missing the 0.3% forecast, showing weaker-than-expected economic growth momentum.
Ahead of US NFP data, the Indian rupee strengthens as USD/INR trades cautiously during India’s afternoon session
Written on March 6, 2026 at 1:58 pm, by josephine
Indian Rupee strengthened as RBI intervened after USD/INR record; elevated oil, FII selling, US jobs awaited.
Commerzbank’s Volkmar Baur says PPP implies EUR/USD undervalued, despite the euro’s elevated trade-weighted level masking dollar softness
Written on March 6, 2026 at 1:57 pm, by josephine
ECB’s trade-weighted Euro stays near record highs, boosted by undervalued Asian currencies despite weak EUR/USD.
Silver prices climbed to $84.20 per troy ounce, rising 2.65% from Thursday’s $82.02 price
Written on March 6, 2026 at 1:56 pm, by josephine
Silver climbed to $84.20 Friday, up 2.65%, driven by demand, dollar moves, and gold comparisons.
BNY’s Bob Savage says oil shock risks are underpriced; energy equities gain, oil acts safe haven, $100 odds high
Written on March 6, 2026 at 12:59 pm, by josephine
BNY warns oil shock risks underpriced; markets see $100 crude likely, boosting energy inflows, inflation, and rates.
Deutsche Bank expects February US payroll growth to slow to 30k, keeping unemployment unchanged at 4.3%
Written on March 6, 2026 at 12:58 pm, by josephine
Deutsche Bank sees February payrolls up 30k; unemployment steady at 4.3%, amid BLS population adjustments.
Austria’s non-seasonally adjusted wholesale prices held steady month-on-month at 0.7% in February
Written on March 6, 2026 at 12:57 pm, by josephine
Austria wholesale prices flat; markets await US payrolls as dollar firms, pressuring EUR/GBP, metals, crypto; oil rises.
Despite the Fed’s caution, the US dollar stays weak, allowing gold to regain previous-session losses
Written on March 6, 2026 at 12:56 pm, by josephine
Gold rebounds on safe-haven demand amid Iran–Israel tensions, weak dollar, and awaited US data; still weekly drop.
