Monthly Archives: March 2026
Scotiabank says the Canadian Dollar shows resilience, staying firm versus the US Dollar since US/Iran tensions began
Written on March 6, 2026 at 7:39 am, by josephine
Canadian dollar steady amid risk aversion; BoC neutral pricing, weak oil link; USD/CAD bearish near 1.36.
Bitcoin clears 74K resistance, fuelling Nifty hopes; short-term aims 76–77K, longer-term targeting 126K+
Written on March 6, 2026 at 7:38 am, by josephine
Bitcoin targets $76K–$77K near-term, $126K+ longer; gold/silver bearish; Nifty, Bank Nifty watch breakouts.
Rabobank’s Jane Foley says sterling has lately beaten the euro as BoE cut hopes diminish, despite risks
Written on March 6, 2026 at 7:37 am, by josephine
Pound outperforms euro; Rabobank sees EUR/GBP near 0.87, rising later amid UK risks, inflation.
Despite energy price shocks, the yen stays firm as BoJ rate-rise expectations persist, possibly by April
Written on March 6, 2026 at 7:35 am, by josephine
Japan’s yen holds steady after energy shock, backed by expectations the Bank of Japan will raise rates.
On 27 February, US initial jobless claims totalled 213K, undershooting forecasts of 215K
Written on March 6, 2026 at 7:31 am, by josephine
US initial jobless claims fell to 213,000 in week ending 27 February, slightly below 215,000 forecast.
Forecasts showed 0.3%, yet the US monthly Export Price Index registered 0.6% in January
Written on March 6, 2026 at 7:29 am, by josephine
U.S. Export Price Index climbed 0.6% in January, beating 0.3% forecasts, signaling stronger export price growth.
Rabobank’s Elwin de Groot says the EU’s Industrial Accelerator Act will rebuild industry, cut dependencies, boost decarbonisation
Written on March 6, 2026 at 7:20 am, by josephine
European Commission’s Industrial Accelerator Act targets rebuilding industry, accelerating decarbonisation, reducing dependence, and strengthening resilient supply chains.
RBI action helps the rupee end a five-session slide, keeping USD/INR near its session low
Written on March 6, 2026 at 7:19 am, by josephine
Indian rupee snapped five-day slide as RBI intervened; USD/INR eased from record on oil, flows.
Amid geopolitical tensions, safe-haven demand lifts the Yen, leaving EUR/JPY lower near 182.60, down 0.14%
Written on March 6, 2026 at 7:18 am, by josephine
EUR/JPY dipped to 182.60 as risk-off and Middle East tensions boosted Yen; Eurozone data mixed.
Ireland’s fourth-quarter annual GDP growth reached 2.2%, missing expectations of 3.4% in the reported data
Written on March 6, 2026 at 7:16 am, by josephine
Ireland’s GDP rose 2.2% year-on-year in Q4, undershooting the 3.4% forecast, signalling slower-than-expected growth.