March 13, 2026 8:47 am
Key Moments: USD/CAD rises for a third straight session and reaches a weekly high above the mid-1.3600s in early European trade. Persistent inflation worries support the US Dollar. Meanwhile, traders scale back expectations for near-term Fed rate cuts. Lower crude oil prices pressure the Canadian Dollar. At the same time, markets wait for Canadian jobs […]
Read moreMarch 13, 2026 6:59 am
Key Moments AUD/JPY trades just above the mid-112.00s on Friday, extending a two-day negative bias without strong downside follow-through. Renewed fears of possible Japanese intervention trigger short-covering in JPY and cap upside in the AUD/JPY cross. Diverging BoJ and RBA policy expectations keep the broader bias tilted higher for AUD/JPY despite the current pullback. Cross […]
Read moreMarch 12, 2026 2:14 pm
Key Moments AUD/JPY has climbed to its highest level since 1990, helped by carry appeal and Australia’s role as a net energy exporter. Rabobank points to steady Bank of Japan policy expectations and speculation about earlier Reserve Bank of Australia rate hikes as key supports. The bank cautions that extended geopolitical tensions, rising volatility, and […]
Read moreMarch 12, 2026 1:50 pm
Key Moments USD/JPY trades around 158.90, hovering near its highest levels of the year with limited intraday movement. Middle East tensions and efforts to disrupt traffic through the Strait of Hormuz are keeping safe-haven demand for JPY in focus. Markets expect the Fed to keep rates unchanged on March 18, while the BoJ is seen […]
Read moreMarch 12, 2026 12:45 pm
Key Moments U.S. Energy Secretary Chris Wright said it is unlikely that global oil prices will climb to $200 a barrel despite ongoing disruptions in the Strait of Hormuz. Crude tankers have remained blocked in the Strait of Hormuz due to the U.S. and Israeli war with Iran, raising concerns about further price spikes. Wright […]
Read moreMarch 12, 2026 12:11 pm
Key Moments Brent futures accelerated toward $120 after breaking out of a large base, followed by a sharp correction. The contract has been holding above the $81 area, with an upside price gap identified near $93.80. Societe Generale highlights $120 as a key interim hurdle, with $93.80 and $81 viewed as near-term support levels. Technical […]
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