Monthly Archives: March 2026
Rabobank says Banxico cautiously cut rates to 6.75%, narrowly, as two governors opposed easing
Written on March 27, 2026 at 5:04 pm, by josephine
Banco de México cut rates to 6.75%, citing Middle East risks; inflation above 4% until 2026.
UOB’s Quek Ser Leang observes AUD/USD weakening, breaking a rising wedge and testing Ichimoku base 0.6870
Written on March 27, 2026 at 5:04 pm, by josephine
AUD/USD broke a rising wedge, tested Ichimoku support near 0.6870; below 0.6850 targets 0.6765.
Amid Middle East conflict-driven caution, the Australian Dollar rises slightly, outperforming peers near 0.6900 versus US Dollar
Written on March 27, 2026 at 5:03 pm, by josephine
Australian Dollar nears 0.6900 as RBA hike bets support, despite risk-off mood amid Middle East tensions.
In February, Mexico’s seasonally adjusted trade deficit narrowed, improving from $1.248bn to $1.09bn
Written on March 27, 2026 at 5:03 pm, by josephine
Mexico’s seasonally adjusted trade deficit narrowed in February, improving to $-1.09B from $-1.248B previously.
In February, Mexico’s unemployment rate matched expectations, holding steady at 2.6%
Written on March 27, 2026 at 5:02 pm, by josephine
Mexico’s unemployment rate held at 2.6% in February, matching forecasts, reflecting jobless people within the labour force.
Mexico’s February trade balance recorded a $0.463B deficit, missing forecasts that anticipated a $1.2B surplus
Written on March 27, 2026 at 5:02 pm, by josephine
Mexico posted a $0.463bn trade deficit in February, missing forecasts of a $1.2bn surplus by $1.663bn.
Deutsche Bank’s Raja anticipates calm UK data, watching March DMP on Iran, inflation, hiring, with GDP steady
Written on March 27, 2026 at 4:08 pm, by josephine
UK data sparse; March DMP to gauge Iran conflict impacts on inflation expectations, wages, hiring, GDP.
Müller suggests prolonged war may force ECB action, after assessing second-round inflation before policy changes
Written on March 27, 2026 at 4:07 pm, by josephine
ECB’s Müller says energy-driven inflation risks may warrant timely action, awaiting evidence of second-round effects.
Intervention fears lift USD/JPY towards 160.00, while the Dollar beats peers, including safe-haven Yen
Written on March 27, 2026 at 4:07 pm, by josephine
USD/JPY neared 160.00 as dollar strength and oil-driven Japan worries stoked intervention expectations and BoJ tightening.
India’s foreign exchange reserves fell to $698.35B from $709.76B, reflecting a recent decline
Written on March 27, 2026 at 4:06 pm, by josephine
India’s forex reserves fell $11.41 billion to $698.35 billion on March 16, from $709.76 billion.
