March 13, 2026 12:45 pm
Key Moments Closure of the Strait of Hormuz has interrupted Qatari LNG exports, which normally represent around one-fifth of global LNG supply. TTF natural gas prices climbed to a three-year high of almost EUR 70 per MWh at the beginning of the week. European TTF prices are expected to stay elevated until Qatar resumes LNG […]
Read moreMarch 13, 2026 9:57 am
Key Moments GBP/USD trades at 1.32661, down 0.64%, after UK GDP data shows no growth in January. US Dollar holds broad support amid Middle East geopolitical tensions and volatile energy markets. Upcoming U.S. core PCE inflation and other data are set to guide near-term direction for GBP/USD. Headline FX Levels Pair Rate Daily Change GBP/USD […]
Read moreMarch 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 […]
Read moreMarch 12, 2026 9:51 am
Key Moments: Morgan Stanley CIO Mike Wilson expects the S&P 500 to face an additional 5%-7% decline before the current sell-off concludes. Wilson believes the S&P 500 could trade toward 6,300 by early April before the bank’s favorable fundamental outlook reasserts itself. Despite near-term weakness, Wilson maintains a bullish view supported by expected broad earnings […]
Read moreMarch 12, 2026 9:04 am
Key Moments MUFG’s base case projects USD/INR at 92.00 by March 2026 and 93.50 by December 2026, assuming de-escalation in the Iran-Middle East conflict. A sustained Brent oil price of US$100/bbl is seen potentially pushing USD/INR to 95.50, with the Rupee under pressure from a wider current account deficit. In a left-tail scenario with oil […]
Read more
