Dollar Slips and Oil Falls as Markets Reprice Fed and Iran Risks
United States. The US dollar is strengthening against the Japanese yen today while posting moderate losses against the euro and the British pound.
Markets
25
March
- Details
-
By Sagar Dua - 167
This week, the USD/JPY pair is showing mixed dynamics. On Monday, it corrected lower toward the middle Bollinger Band at 158.00 following the postponement of US President Donald Trump’s ultimatum deadline and statements about the start of negotiations to resolve the US-Iran conflict. However, no details about the consultations followed, while media reports suggested that both sides consider each other's demands unrealistic. As investor disappointment grew, alternatives to the US dollar weakened, and the yen returned to 159.37 (Murray level [8/8]).
- Details
-
By Sagar Dua
- 163
United States. The US dollar gains against the yen and shows mixed performance against the euro and the pound.
- Details
-
By Sagar Dua
- 167
Shares of Apple Inc., a global leader in personal and tablet computer development and sales, are trading in a downtrend near 251.00.
- Details
-
By Sagar Dua
- 213
Despite relatively stable EU economic data and a neutral monetary policy stance, risks to the eurozone economy remain elevated. The main concern is the disruption of shipping through the Strait of Hormuz amid ongoing military activity in the region, leading to supply disruptions in liquefied natural gas (LNG) and rising fuel prices.
24
March
- Details
-
By Sagar Dua
- 181
United States. The US dollar is posting moderate gains against its main rivals — the euro, the pound, and the yen.
- Details
-
By Sagar Dua
- 175
During the Asian session, XAU/USD is attempting to consolidate below the 4350.0 level per troy ounce. Over the third week of this month, the pair has already lost 9.6% in value, marking the worst performance since September 2011, when the EU debt crisis and liquidity shortages forced major financial institutions to reduce positions in gold-denominated instruments.
- Details
-
By Sagar Dua
- 170
Benchmark Brent Crude Oil prices remain in a global uptrend, trading slightly above the 100.00 level during the March 24 Asian session. The instrument retreated from the 108.00 high after US President Donald Trump announced a five-day pause in strikes on Iranian energy facilities.
- Details
-
By Sagar Dua
- 182
The US dollar is recovering after developing a bearish impulse in the previous session, testing the 158.75 level for a breakout higher, while the market’s focus remains on inflation data from Japan. The national consumer price index slowed from 1.5% to 1.3% year-on-year in February, coming in slightly below analyst expectations, while the same indicator excluding food and energy prices eased from 2.6% to 2.5%. At the same time, it is worth noting separately that the statistics do not yet reflect changes in energy prices caused by the escalation of the Middle East crisis, which began on February 28, and therefore the current slowdown is not fully indicative.
23
March
- Details
-
By Sagar Dua
- 177
United States. The US dollar is weakening against the euro, the pound, and the yen.
- Details
-
By Sagar Dua
- 296
Shares of Bank of America Corp., one of the largest banks and financial institutions in the United States, are currently trading near 47.00.
- Details
-
By Sagar Dua
- 191
The USD/CAD pair is attempting to consolidate above the 1.3725 resistance level, which marks the February high, amid the strengthening of the US dollar. Last week, the greenback traded within the 100.65–99.20 resistance zone on the USDX index. Although the currency closed the week in negative territory overall, it failed to break below 99.20 and started the new week with gains supported by fundamental factors.
- Details
-
By Sagar Dua
- 237
The USD/CAD pair is attempting to consolidate above the 1.3725 resistance level (February high) amid a strengthening US dollar, which traded within the 100.65–99.20 resistance range in the USDX index last week. Although the currency closed the week in negative territory overall, it failed to break below 99.20 and started the current session with gains supported by fundamental factors.
Recent Analysis on Forex, Gold, Oil & Global Markets
Latest Forex and commodity market news, analysis, and trends from FORECK.INFO. Markets are driven by macro data, central bank decisions, earnings, and supply-demand factors. Technical analysis helps identify trends, key levels, and potential trading opportunities while managing risk.