March 16, 2026 11:16 am
The USD/SEK currency pair eased from a 15-week high of 9.4843 on Monday ahead of the outcome of the Federal Reserve’s and Sweden’s Riksbank policy meetings. The Fed is largely expected to leave its federal funds rate target range intact at 3.50%-3.75% at its March 17th-18th meeting, following three successive rate cuts last year. In […]
Read moreMarch 16, 2026 10:40 am
Key Moments EUR/GBP has moved below its 200-DMA at 0.8690 and is currently testing interim support near the February low at 0.8610. Societe Generale economists flag downside risk toward 0.8580 and 0.8535 if 0.8610 fails to hold. The cross, along with the euro, sterling, Bunds, and Gilts, is described as technically oversold and due for […]
Read moreMarch 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 9:48 am
The CAD/CHF currency pair was mostly steady near a 2-month high of 0.5777 on Monday ahead of the outcome of the Bank of Canada’s and the Swiss National Bank’s policy meetings. The Bank of Canada is expected to keep its benchmark interest rate intact at 2.25% at its March 18th policy meeting. Policy makers had […]
Read moreMarch 16, 2026 9:25 am
Key Moments NZD/USD traded around 0.5810 during Asian hours on Monday after snapping a four-day losing streak. Stronger-than-expected Chinese Retail Sales and Industrial Production data provided support for the New Zealand Dollar. Markets have largely priced in a 25-basis-point RBNZ hike in September and see over a 70% chance of another increase in December. NZD/USD […]
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 8:05 am
Key Moments USD/CHF traded around 0.7890 in Asian hours on Monday after declining following four consecutive sessions of gains. Market risk aversion eased on reports the US may form a coalition to escort ships through the Strait of Hormuz. The Swiss Franc drew support from lingering geopolitical uncertainty, even as the Swiss National Bank signaled […]
Read moreMarch 16, 2026 8:00 am
The USD/CAD currency pair eased from a 1 1/2-week high of 1.3741 on Monday ahead of the outcome of the Federal Reserve’s and the Bank of Canada’s policy meetings. The Fed is largely expected to leave its federal funds rate target range intact at 3.50%-3.75% at its March 17th-18th meeting, following three successive rate cuts […]
Read moreMarch 16, 2026 7:41 am
Key Moments Solana trades above $90 on Monday after a 13% gain the previous week, with price action approaching the 50-day EMA near $94.17. Solana-focused ETFs saw a $7.60 million inflow on Friday, bringing weekly institutional net inflows to $10.70 million. Futures market activity shows $15.50 million in Solana liquidations in the last 24 hours, […]
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 […]
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