Monthly Archives: March 2026
Middle East tensions push USD/INR to record levels, while the rupee slides during a shortened trading week
Written on March 23, 2026 at 3:04 pm, by josephine
USD/INR hit record 94.40 as oil surged on Hormuz fears; Indian stocks sank, dollar strengthened. PMI awaited.
In January, Greece’s yearly current account deficit narrowed to €-1.286B from €-3.862B previously
Written on March 23, 2026 at 3:03 pm, by josephine
Greece’s January current account deficit narrowed year-on-year to €1.286B from €3.862B, reducing shortfall by €2.576B.
During European trading, gold rebounds from the 200-day SMA, easing losses as bears reconsider oversold signals
Written on March 23, 2026 at 3:02 pm, by josephine
Gold rebounded from 200-day SMA, but hawkish central banks, rising yields and Iran tensions capped gains.
Deutsche Bank economists say US growth is cushioned by energy exports, yet inflation pressures remain elevated
Written on March 23, 2026 at 1:04 pm, by josephine
Deutsche Bank warns $100 oil may lift US CPI near 4%, with growth risks if prices spike.
Lee Hardman of MUFG says ongoing sell-offs are pressuring gold and precious metals, despite geopolitical tensions
Written on March 23, 2026 at 1:04 pm, by josephine
Gold and precious metals fall despite rising geopolitical risks, driven by liquidation and hawkish rate expectations.
Higher oil prices lift the Canadian Dollar, outperforming major peers, though it edges down against the US Dollar
Written on March 23, 2026 at 1:03 pm, by josephine
Canadian Dollar gains broadly, dips versus USD as surging oil prices and Middle East tensions boost safe-havens.
Near 100.00, the US Dollar Index rises amid a firmer hawkish Federal Reserve outlook lately
Written on March 23, 2026 at 1:02 pm, by josephine
DXY nears 99.80 as Middle East tensions, rising oil prices boost safe-haven demand and hawkish Fed expectations.
As Middle East tensions worsen, gold hits a new 2026 low while forex markets react sharply
Written on March 23, 2026 at 12:04 pm, by josephine
Safe-haven demand drove markets amid rising Middle East tensions; gold fell sharply, oil rose, dollar strengthened.
Euro ranked second among G10 last week, buoyed by rate-hike speculation and PMI strength despite high energy prices
Written on March 23, 2026 at 12:04 pm, by josephine
Euro rises on April ECB hike bets; confidence, PMIs, and Norges Bank meeting highlight week ahead.
Turkey’s consumer confidence index slipped to 85 from 85.7, indicating slightly weaker household sentiment overall
Written on March 23, 2026 at 12:03 pm, by josephine
Turkey’s consumer confidence index slipped to 85 in March, down 0.7 points from 85.7 previous.