Monthly Archives: March 2026
Sterling-dollar rose 0.5%, rebounding from 1.3260 lows to trade near 1.3430 after Trump’s retreat
Written on March 24, 2026 at 7:07 am, by josephine
GBP/USD climbed 0.5% as Trump delayed Iran strike plans, oil fell; BoE held rates; PMIs awaited.
In early Asian trading, gold climbed towards $4,440, recovering losses as Middle East tensions eased
Written on March 24, 2026 at 7:06 am, by josephine
Gold slips in Asia near $4,100 SMA as Iran war boosts dollar, yields, inflation fears, pressuring metal.
AUD/USD falls to about 0.6980, over 200 pips below March peak, breaching 0.7000 since February
Written on March 24, 2026 at 7:06 am, by josephine
AUD/USD slides below 0.7000 as weak Aussie PMI and upcoming CPI, US data drive volatility.
S&P Global reported Australia’s preliminary March manufacturing PMI slipping to 50.1 from the previous 51.0
Written on March 24, 2026 at 7:05 am, by josephine
Australia’s March PMIs weakened: manufacturing near-stagnation, services contracted sharply, driving composite lower as AUD/USD dipped.
Hopes of Iran tensions easing drove DXY from 100.15 high to 99.12, down 0.5% overall
Written on March 24, 2026 at 7:04 am, by josephine
DXY briefly topped 100.15 before sliding to 99.12 as Trump delayed strikes; oil plunged sharply.
Australia’s S&P Global Composite PMI fell to 47, down from 52.4 previously, signalling contraction
Written on March 24, 2026 at 7:03 am, by josephine
Australia’s S&P Global Composite PMI slid to 47.0 in March from 52.4, signaling contraction.
Australia’s S&P Global Services PMI fell from 52.8 to 46.6, indicating contraction in latest reading
Written on March 24, 2026 at 7:03 am, by josephine
Australia’s S&P Global Services PMI dropped to 46.6 in March from 52.8, signaling contraction below 50.
Australia’s S&P Global Manufacturing PMI slips to 50.1, easing from the prior reading of 51
Written on March 24, 2026 at 3:05 am, by josephine
Australia’s manufacturing PMI dipped to 50.1 in March, signaling near-stagnant output, barely above contraction threshold.
Following Trump’s five-day Iran truce announcement, EUR/USD climbs 0.37% as the Dollar weakens, reaching 1.1613
Written on March 24, 2026 at 3:04 am, by josephine
EUR/USD climbed to 1.1613 as truce hopes weakened the dollar; markets weighed Iran risks and ECB hike odds.
Improved risk appetite lifts NZD/USD to about 0.5860, while the US Dollar trades sideways in consolidation
Written on March 24, 2026 at 3:04 am, by josephine
NZD/USD hovered near 0.5860 as risk sentiment improved; dollar steadied, commodities helped, resistance capped gains.