March 17, 2026 2:11 pm
Key Moments Spot gold rose 0.6% to $5,035.62/oz and gold futures gained 0.8% to $5,039.94/oz in Asian trading. Prices stayed within the recent $5,000-$5,200/oz band despite heightened geopolitical risk from the Iran conflict. Traders focused on a heavy week of central bank meetings, including the Federal Reserve, with higher-for-longer rate risks looming over bullion. Gold […]
Read moreMarch 17, 2026 1:48 pm
Key Moments EUR/CHF trades near 0.9069 after rebounding from levels below 0.9000 earlier in the month amid safe-haven flows into the Swiss Franc. Eurozone and German ZEW Economic Sentiment readings drop sharply, both missing forecasts by a wide margin. Investors focus on upcoming ECB and SNB policy decisions, with markets favoring a more hawkish stance […]
Read moreMarch 17, 2026 10:58 am
Key Moments Uber Technologies shares rose 2% in premarket trading after announcing a robotaxi partnership with Nvidia. Robotaxi services will launch in Los Angeles and San Francisco in 2027 and expand to 28 cities globally by 2028. The collaboration will use Nvidia’s DRIVE Hyperion platform and Alpamayo AI as part of Uber’s multi-partner autonomous strategy. […]
Read moreMarch 17, 2026 10:12 am
Key Moments GBP/USD rebounded sharply from 1.3226 to 1.3340, a move viewed as short-covering rather than the start of a new uptrend. Intraday trading is expected to remain confined to a 1.3250-1.3350 range, with downside momentum described as having slowed but still intact. A weekly close below 1.3300 is seen as potentially opening the way […]
Read moreMarch 17, 2026 7:54 am
Key Moments EUR/USD trades around 1.1490 in early European dealings on Tuesday, slipping below the 1.1500 level. The Federal Reserve is expected to keep its policy rate in the 3.50% to 3.75% range at the conclusion of its two-day meeting on Wednesday. Interest rate futures fully factor in at least one ECB hike by end-July, […]
Read moreMarch 17, 2026 7:38 am
Key Moments EUR/JPY traded around 183.10 during Asian hours on Tuesday, extending gains for a second straight session. BoJ is widely expected to keep its policy rate unchanged at 0.75% on Thursday, while Japanese authorities signal readiness to act in FX markets. Lower oil prices supported the Euro by improving sentiment, as easing energy costs […]
Read moreMarch 17, 2026 7:04 am
Key Moments AUD/NZD retreats from an intraday high near 1.2120, its strongest level since May 2013, and last trades around 1.2070. The Reserve Bank of Australia raises the Official Cash Rate to 4.10% with a narrow 5-4 vote split, signaling a divided board. Investors focus on the RBA Governor’s upcoming press conference and New Zealand’s […]
Read moreMarch 16, 2026 2:18 pm
Key Moments TD Securities’ Daniel Ghali highlights that copper will increasingly need to be sourced from exchange warehouses as global supply deficits intensify. Visible exchange inventories have risen to roughly 33% of above-ground copper stocks, compared with 5% at year-end 2023. A significant share of the remaining 67% of above-ground copper is described as encumbered […]
Read moreMarch 16, 2026 1:40 pm
Key Moments Salesforce Inc shares were trading about 2.5% higher in premarket trading on Monday following the start of a $25 billion share repurchase. The company initiated accelerated share repurchase agreements on March 11 covering an initial delivery of approximately 103 million shares. The transaction immediately executes half of Salesforce’s previously authorized $50 billion aggregate […]
Read moreMarch 16, 2026 1:06 pm
Key Moments USD/CAD moved back below the 1.3700 level ahead of the release of Canada’s February CPI data. Consensus expectations call for February headline CPI at 1.9% y/y and core CPI at 2.35% y/y, compared with 2.3% and 2.45% in January. Canada’s labor market deteriorated in February, with -83.9k jobs lost and the unemployment rate […]
Read more
