US Opposes Iran's Charges on Strait of Hormuz Shipping
White House Press Secretary Leavitt stated that the US opposes Iran's move to impose charges on shipping through the Strait of Hormuz. The stance reflects ongoing tensions regarding navigation rights in this critical maritime passage.
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains Ground As Treasury Yields Fall
Strong dollar did not put any pressure on precious metals markets today.
Five Counterparties Take $752 Million in Fed Reverse Repo Operation
Five counterparties participated in the Federal Reserve's reverse repo operation, taking $752 million, down from the previous $992 million with five bids. This indicates a slight decrease in demand for the Fed's reverse repurchase agreements.
Brussels Urges Europeans to Reduce Travel to Avert Energy Shortages
European officials have advised citizens to limit travel in order to prevent potential energy shortages amid ongoing supply concerns. This measure aims to conserve energy usage during a critical period.
Canadian Dollar Analysis: USD/CAD returns to levels not seen since January
Recent sessions have been challenging for the Canadian dollar in the short term, as USD/CAD has extended a streak of six consecutive bullish sessions, with gains of around 1.5% in favor of the U.S. dollar. This move is beginning to establish a solid bullish bias in the short term.
GBP/JPY slides to multi-week lows as Yen strengthens on intervention warnings
GBP/JPY slides to multi-week lows as Yen strengthens on intervention warnings
AUD/USD weakens as Trump-driven risk aversion boosts US Dollar
AUD/USD weakens as Trump-driven risk aversion boosts US Dollar
ECB's Stournaras Signals Action if Inflation Expectations Increase
ECB Governing Council member Stournaras stated that the European Central Bank will take appropriate measures if inflation expectations rise significantly. This highlights the ECB's commitment to maintaining price stability amid inflation concerns.
ECB's Stournaras Signals Response to Second-Round Inflation Effects
ECB Governing Council member Stournaras stated that the European Central Bank will take action to counteract second-round price effects, indicating a continued focus on inflation control. This reflects the ECB's commitment to maintaining price stability amid rising inflationary pressures.
EUR/USD forecast: Currency Pair of the Week | March 30, 2026
The FX markets remained largely in a risk off mode with the US dollar extending its gains while currencies of energy-importing economic regions like the euro remaining under pressure. This was despite the fact global stock markets managed to bounce back a little, as Brent oil prices consolidated near the recent highs.