Monthly Archives: March 2026
Societe Generale economists expect ECB to hold rates, adopt hawkish tone, while assessing oil-price surge impact
Written on March 16, 2026 at 12:03 pm, by josephine
Societe Generale expects ECB to hold rates, sounding hawkish as oil rises; shock smaller yet persistent risks.
During early European trading, AUD/USD rises 0.5% to around 0.7015, supported by hawkish RBA expectations
Written on March 16, 2026 at 12:02 pm, by josephine
AUD/USD rebounds to 0.7015 as RBA hike bets rise; oil-linked inflation and Fed pause temper dollar.
WTI crude trades near $98 as Trump’s administration considers strikes on Iran’s Kharg Island export facilities
Written on March 16, 2026 at 10:17 am, by josephine
WTI nears $97.85 as US weighs Iran strikes; Hormuz closure fears persist; IEA releases 400 million barrels.
Commerzbank’s Volkmar Baur says yen barely fell versus dollar, rose against euro, despite energy prices
Written on March 16, 2026 at 10:16 am, by josephine
Yen slips modestly as energy costs rise; USD/JPY nears 160, awaiting BoJ guidance and intervention risk.
February’s Indian WPI inflation rose to 2.13%, exceeding forecasts of 2% according to released figures
Written on March 16, 2026 at 10:15 am, by josephine
India’s WPI inflation rose to 2.13% in February, slightly above market expectations of 2%, official data showed.
Philippine gold prices declined, based on compiled data, with lower rates reported at the start of week
Written on March 16, 2026 at 10:14 am, by josephine
Philippine gold prices slipped Monday: PHP 9,659.41/gram and PHP 112,665.50/tola, per FXStreet data.
Gold holds near $5,000 in Asia while investors weigh Iran conflict and central bank policy uncertainty
Written on March 16, 2026 at 10:13 am, by josephine
Gold neared $5,000 as Middle East tensions lifted safe-haven demand, but central bank decisions pressured prices.
USD Holds Firm as Oil Drives Safe-Haven Demand
Written on March 16, 2026 at 10:10 am, by josephine
USDX holds near a nine-month high amid escalating tensions and disruptions around the Strait of Hormuz, reinforcing safe-haven demand. | VT Markets
Amid growing hopes for resolving Iran’s war, the EUR/JPY pair climbs to around 182.60 after two losses
Written on March 16, 2026 at 10:09 am, by josephine
EUR/JPY rebounds near 182.60 as euro lifts on de-escalation hopes; ECB hikes eyed; yen intervention watched.
Oil Near $100 Ahead of Fed Decision
Written on March 16, 2026 at 10:07 am, by josephine
Oil remains elevated near the $100 level amid ongoing Middle East tensions, reinforcing inflation concerns and reducing expectations for rate cuts. | VT Markets
