March 12, 2026 8:04 am
Key Moments USD/JPY has surged to just below 159.00, buoyed by higher U.S. yields, with intraday attention on resistance at 159.45. UOB strategists flag deeply overbought conditions, noting that 158.55 and 158.75 serve as nearby supports for the pair. On a multi-week to multi-month horizon, a sustained move above 159.45 could refocus markets on 160.00, […]
Read moreMarch 12, 2026 7:56 am
Key Moments EUR/USD trades around 1.1540 in Asian hours on Thursday, marking a third consecutive session of losses. February US CPI rose 0.3% MoM and 2.4% YoY, with core CPI up 0.2% MoM and 2.5% YoY, supporting expectations for steady Fed policy in the near term. ECB officials highlight risks from persistent energy price shocks […]
Read moreMarch 12, 2026 7:05 am
Key Moments USD/CAD trades near 1.3580 in Asian hours as the Canadian Dollar firms on higher oil prices. WTI crude extends a three-session advance to around $91.60 as Iran-related tensions escalate. February US CPI prints broadly in line with expectations, reinforcing views of steady Fed policy in the near term. CAD Benefits from Oil Spike […]
Read moreMarch 12, 2026 6:52 am
Key Moments The People’s Bank of China (PBOC) set Thursday’s USD/CNY central parity rate at 6.8959. The new fixing compared with the previous session’s reference rate of 6.8917. The latest fixing contrasted with a Reuters estimate of 6.8853 for the session. Updated Central Parity Rate for USD/CNY The People’s Bank of China (PBOC) established the […]
Read moreMarch 11, 2026 12:09 pm
Key Moments EUR/GBP has fallen about 1.5% since the onset of the Iranian conflict, trading with a softer tone. ING’s short-term valuation metrics now suggest the recent downside move in EUR/GBP appears stretched. A drop in oil prices below $90 may spur a more dovish reassessment of U.K. rates and support a move higher in […]
Read moreMarch 11, 2026 11:33 am
Key Moments GBP/ZAR traded just below the 22.00 mark on Wednesday as the pair regained ground after a volatile start to the week. Moves in both Sterling and the Rand have been heavily influenced by shifts in oil prices and global risk sentiment linked to the Middle East conflict. Upcoming UK GDP and production data, […]
Read moreMarch 11, 2026 10:42 am
Key Moments GBP/USD climbed to 1.3450 on Wednesday, supported by expectations of easing tensions in the Middle East and softer oil prices. Geopolitical risks tied to the United States, Israel and Iran, along with weak UK data and political uncertainty, continue to limit sterling’s upside. Technical signals on H4 and H1 charts point to key […]
Read moreMarch 11, 2026 10:09 am
Key Moments Commerzbank’s Antje Praefcke expects Swedish inflation to remain below the Riksbank’s target, limiting the scope for immediate policy easing. She anticipates the central bank will keep a close eye on upside inflation risks from the recent energy price shock and downside risks to economic growth. Praefcke views March as too soon for the […]
Read moreMarch 11, 2026 9:30 am
Key Moments The US dollar weakened at first after comments suggested “the war could be over soon.” It then rebounded as geopolitical tensions returned. Japanese inflation fell below the BoJ’s 2% target. This reduced expectations for near-term rate hikes and put pressure on the yen. USD/JPY is near key resistance levels. Buyers are defending trendlines […]
Read moreMarch 11, 2026 8:52 am
Key Moments ING notes the Canadian Dollar has been the top-performing G10 currency since the conflict began, aided by resilient equity markets and Canada’s energy-exporter profile. Markets are currently pricing in a Bank of Canada rate hike by year-end, while ING sees further policy easing as unlikely but remains cautious on Canada’s economic outlook. ING […]
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