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DailyForex

GBP/USD Forecast: British Pound Drops with Risk Appetite - 13 March 2026

GBP/USD remains confined within a volatile trading range of 1.3250–1.35, with bearish momentum emerging below the 200-day exponential moving average (EMA). Despite sustained pressure on the downside, the pair has not yet...

ActionForex

Eurozone industrial production drops -1.5% mom as manufacturing weakness deepens

Eurozone industrial production fell sharply in January 2026, declining by -1.5% month-on-month, far below the anticipated 0.7% rise. The drop was widespread, with intermediate goods production plunging -1.9%, signaling b...

ActionForex

US Dollar Index (DXY) Rises Above the 100 Level

The US Dollar Index (DXY) has surged past the psychological 100 level for the first time in 2026, driven by heightened geopolitical tensions in the Middle East. Traders are shifting funds from riskier assets like equitie...

Investing.com

Germany says it was not consulted on lifting Russian sanctions

Germany has expressed dissatisfaction over the decision to lift sanctions on Russia, stating it was not consulted in the process. The sanctions, initially imposed over Russia's actions in Ukraine, have been a key point o...

Investing.com

Morning Bid: Markets over a barrel

Markets faced heightened volatility as oil prices surged amid renewed OPEC+ production cuts and geopolitical tensions in the Middle East. Key benchmarks like Brent and WTI crude climbed to 85 and 79 dollars per barrel re...

CoinDesk

Bitcoin holds above $71,000, defying rising dollar, oil and U.S. bond yields

Bitcoin has maintained its position above $71,000 despite a strengthening U.S. dollar, rising oil prices, and higher U.S. Treasury yields. This resilience contrasts with traditional safe-haven assets, which typically ben...

Investing.com

Deutsche Bank warns severe energy shock could push euro zone into recession

Deutsche Bank has issued a warning that a severe energy shock, driven by ongoing geopolitical tensions and potential disruptions in energy supplies, could push the euro zone into recession. The bank highlighted that risi...

FXStreet

JPY: Intervention doubts as Dollar extends gains – MUFG

MUFG's Head of Research Derek Halpenny highlights that the US Dollar Index (DXY) has surged above the 100 level, pushing the USD/JPY pair to its highest levels since the beginning of the year. This follows a broader stre...

FXStreet

NZD/USD falls for fourth day as Middle East war bolsters US Dollar

The NZD/USD pair extended its decline on Friday, trading near 0.5820 with a 0.58% drop on the day. This marks the fourth consecutive daily loss for the pair as the US Dollar gains strength amid heightened geopolitical te...

FXStreet

USD: Haven bid persists on Strait risks – BBH

Brown Brothers Harriman analyst Elias Haddad highlights that the US Dollar remains underpinned by geopolitical risks in the Strait of Hormuz, a critical global oil transit chokepoint. With Brent crude prices surpassing $...

FXStreet

Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) declined by 1.72% to $82.37 per troy ounce on Friday, according to FXStreet data. This marks a drop from Thursday's closing price of $83.82, reflecting renewed pressure on the precious metal amid...

Investing.com

Warsh’s room to move at the Fed may be disappearing in a war-clouded outlook

The Federal Reserve's flexibility in managing monetary policy is diminishing as geopolitical tensions, particularly the war in Ukraine, complicate its outlook. David Warsh, a prominent Fed official, faces mounting pressu...

Investing.com

Investors await Fed rate outlook as Iran war keeps markets on edge

Investors are closely monitoring the Federal Reserve's upcoming rate outlook amid heightened geopolitical tensions from the Iran conflict, which continues to weigh on global markets. The Fed's decision on interest rates...

Investing.com

Euro zone industry starts 2026 on weak note, even before energy hit

The Eurozone industrial sector has shown early signs of weakness in early 2026, with manufacturing PMI data declining to a 12-month low of 48.3 in January, indicating contraction. This downturn predates potential energy...

ActionForex

USD/JPY at Highest Since July 2024: Market Awaits BoJ Intervention

The USD/JPY pair surged to 159.29, marking the yen's weakest level since July 2024. The Japanese currency's decline has intensified speculation about potential intervention by the Bank of Japan (BoJ) to stabilize its val...

FXStreet

GBP/USD Price Forecast: Tests YTD low on dismal UK GDP; seems vulnerable ahead of US PCE

The GBP/USD pair has fallen sharply, nearing its year-to-date low of 1.3200, following the release of disappointing UK GDP data. The British economy contracted by 0.3% in Q1 2024, marking the first decline since Q4 2023,...

FXStreet

EUR/USD: Under pressure on energy shock – ING

ING analyst Chris Turner highlights that the EUR/USD pair has dropped below 1.1500, driven by rising energy costs denominated in US Dollars, which are straining European corporations. The Eurozone’s reliance on energy im...

FXStreet

BoE: Dovish wait and see approach expected – Deutsche Bank

Deutsche Bank's Sanjay Raja forecasts the Bank of England (BoE) will maintain its Bank Rate at 3.75% in March, reversing earlier expectations of a rate cut. This decision stems from heightened inflation risks due to Iran...

FXStreet

USD/CAD: Rebound toward 1.38 possible within broader downtrend – Societe Generale

Societe Generale's technical analysis highlights that the USD/CAD pair has found temporary support near 1.3480, forming a small consolidation base. However, the firm cautions that this does not yet indicate a sustained b...

FXStreet

ECB: Rates seen on hold as war impact assessed – Commerzbank

Commerzbank analysts Jörg Krämer and Marco Wagner predict the European Central Bank (ECB) will maintain its deposit rate at 2.0% during its next policy meeting and likely throughout 2026, assuming a short-term escalation...