March 11, 2026 7:38 am
Key Moments AUD/JPY trades around the mid-113.00s, up 0.90% on the day, marking a fourth straight session of gains. Market expectations for a possible Reserve Bank of Australia rate hike next week continue to drive demand for the Australian Dollar. Weakness in the Japanese Yen persists amid concerns that higher Oil prices could hurt Japan’s […]
Read moreMarch 11, 2026 7:26 am
Key Moments EUR/JPY trades close to 183.90 in early European dealings on Wednesday as the Yen softens against the Euro. A Reuters survey shows all 64 respondents expect the BoJ to keep its policy rate at 0.75% at next week’s meeting, while 60% see it reaching 1.00% by the end of June. Escalating tensions in […]
Read moreMarch 11, 2026 7:17 am
Key Moments EUR/USD trades near 1.1630 in Asian dealings while remaining locked in a descending channel. The pair stays below its nine- and 50-day EMAs, with the 14-day RSI at 38 signaling ongoing bearish pressure. Support is highlighted at 1.1468 and 1.1391, while resistance levels are clustered around the nine-day EMA at 1.1656 and the […]
Read moreMarch 10, 2026 2:42 pm
Key Moments Scotiabank notes the Canadian Dollar is modestly stronger against a generally softer USD, supported by resilient risk appetite despite weaker crude prices. Strategists estimate USD/CAD is trading well above an assessed fair value of 1.3375, with limited downside risk for the CAD. Technical signals indicate firm short-term support for USD/CAD in the low […]
Read moreMarch 10, 2026 1:48 pm
Key Moments GBP/JPY trades around 212.25, hovering close to its highest level in roughly one month. Heightened US-Iran tensions and risks to oil flows through the Strait of Hormuz weigh on the Yen and support a geopolitical risk premium in crude. Shifts in rate expectations for the BoE and BoJ, along with mixed UK and […]
Read moreMarch 10, 2026 1:33 pm
Key Moments Rabobank highlights that recent EUR/GBP strength has been driven mainly by reduced expectations for a March BoE rate cut and positioning dynamics. The bank points to persistent short GBP and long EUR speculative positioning, alongside shifting sentiment on Eurozone growth and energy costs. Rabobank maintains that UK-specific vulnerabilities could push EUR/GBP toward 0.89 […]
Read moreMarch 10, 2026 11:13 am
Key Moments Bitcoin traded up 3.4% at $70,201.3 by 01:02 ET (05:02 GMT), after earlier touching $70,558.4. Risk appetite improved after U.S. President Donald Trump signaled the US-Israeli war with Iran could end soon, as oil prices pulled back toward $90 per barrel. Altcoins including Ethereum, XRP, Solana, Cardano, and Dogecoin also posted gains in […]
Read moreMarch 10, 2026 10:49 am
Key Moments Norwegian core inflation stands at 3.0%, exceeding Norges Bank’s latest projections and well above its 2% target. Stronger-than-expected labor market conditions and persistent inflation are increasing the likelihood of a rate hike before summer. Middle East-related energy price risks and ongoing inflation pressures are seen as pushing policy in a more restrictive direction. […]
Read moreMarch 10, 2026 10:10 am
Key Moments EUR/USD held the 1.1500 support level as options markets did not position for a sharp downside break. OIS forwards indicate roughly a 50bp average rate move across G10, with EUR ESTR up 65bp and GBP OIS up 80bp versus a 25bp rise in US rates. ING identifies 1.1650 as initial EUR/USD resistance, with […]
Read moreMarch 10, 2026 9:28 am
Key Moments WTI crude oil has reversed sharply from $119.50 to $87.10, easing some pressure on risk assets and the dollar. AUD/USD is trading at 0.7103, up 0.4%, after consistently closing above 0.7000 since last week. Traders are currently pricing in roughly 35% odds of an RBA hike next week, with about 61 bps of […]
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