March 16, 2026 10:23 am
Key Moments The South African Rand has lost nearly 6% against the US dollar since the start of the month, according to Commerzbank’s Volkmar Baur. Weaker precious metals exports and higher imported energy costs have weighed on the Rand in the context of the Iran conflict. Commerzbank notes improving GDP, investment, and current account figures, […]
Read moreMarch 16, 2026 8:56 am
Key Moments XAU/USD retreats for a fourth straight session, trading close to $5,000 per troy ounce during European hours on Monday.
Read moreMarch 16, 2026 8:29 am
Key Moments AUD/USD trades about 0.5% higher near 0.7015 during early European hours on Monday after a two-day sell-off. Markets anticipate the RBA will raise the Official Cash Rate by 25 bps to 4.1% at Tuesday’s policy meeting, following February’s move to 3.85%. Traders expect the Fed to keep rates unchanged in the 3.50%-3.75% band […]
Read moreMarch 16, 2026 7:52 am
Key Moments Silver (XAG/USD) falls 0.5% toward $80.00, revisiting a three-week low near $78.00 in late Asian trading on Monday. Markets anticipate the Fed will keep rates at 3.50%-3.75% on Wednesday, with no cuts seen before the October policy meeting. Rising geopolitical tensions linked to Middle East conflicts are expected to limit further downside in […]
Read moreMarch 16, 2026 7:29 am
Key Moments EUR/JPY traded around 182.60 during Asian hours on Monday after two consecutive sessions of declines. Comments from US Energy Secretary Chris Wright on a possible end to the US-Israel conflict with Iran within “the next few weeks” supported risk sentiment and the Euro. Expectations of potential Japanese foreign exchange intervention and higher European […]
Read moreMarch 13, 2026 1:54 pm
Key Moments GBP/JPY trades near 211.50, erasing gains from earlier in the week after weaker UK GDP and production figures. Flat UK GDP in January and softer industrial and manufacturing output reinforce concerns about slowing economic momentum. Rising Oil prices amid the US–Iran war and sustained Yen weakness keep Japanese authorities on alert over FX […]
Read moreMarch 13, 2026 1:37 pm
Key Moments Aluminum prices have risen roughly 10% since early March amid supply fears linked to the Iran conflict. China has reached its government-imposed annual production cap. Asian tightness is shown by sharply higher Japanese premiums and strong LME warehouse withdrawals. LME warehouse withdrawals in Malaysia reached their highest level since spring 2024, highlighting tight […]
Read moreMarch 13, 2026 12:32 pm
Key Moments TD Securities expects the FOMC to keep the Fed funds rate at 3.50-3.75% in March and maintain that level through the end of Q3 2026. The firm anticipates upgraded PCE inflation projections, two dovish dissents, and a cautious tone from Chair Powell focused on dual-sided risks from the Iran-driven oil shock. Rate cuts […]
Read moreMarch 13, 2026 12:15 pm
Key Moments Bitcoin advanced nearly 3% to $71,529.7 by 01:49 ET (05:49 GMT), reaching a one-week high. The token was on track for a roughly 6.5% weekly gain, supported by a new SEC-CFTC collaboration on crypto oversight. Altcoins, including Ether, XRP, and major memecoins, moved higher alongside Bitcoin despite lingering Iran war concerns. Regulatory Optimism […]
Read moreMarch 13, 2026 11:00 am
Key Moments NZD/USD trades near 0.5820 and is down 0.58% on the day, marking a fourth straight daily decline. Rising Oil prices tied to the Middle East conflict support the US Dollar and revive global inflation concerns. Traders focus on incoming US data, including PCE, GDP, Durable Goods Orders, and consumer sentiment, for policy clues. […]
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