Commerzbank’s Antje Praefcke argues that US inflation data are unlikely to move the Dollar near term, as markets focus on Oil and the Iran war. She outlines two scenarios for the conflict’s duration and their implications for Fed policy and Dollar performance, stressing that future Fed reaction under new leadership could cap sustained Dollar gains. Oil shock scenarios and…
2026.03.11 2026.03.11 US Dollar Maintains Its Petrocurrency Status. Forecast as of 11.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The greenback benefits from rising oil prices not only because trading conditions in the US are improving, but also because the US dollar is the primary currency for global energy transactions, and increased demand for it pushes the EUR/USD pair down. Let’s discuss this topic…
Remember that range resistance setup we spotted a couple of weeks ago? Well, USD/CAD has been sliding since then and is now heading toward a potential support zone. Let’s take a closer look at the 4-hour time frame for more clues: USD/CAD 4-hour Forex Chart Faster with TradingView A spike in crude oil prices had traders piling into the…
Dive right into my Nasdaq technical analysis video from today (11 March, 2026) The recent market action from investingLive.com suggests that while the “bearish tilt” felt heavy for a moment, the bulls might just be pulling a classic “fakie” recovery. Here is the fun recap of what went down: 1. Oracle’s Cloud Nine Moment While the broader market was…
NZD/USD remains in the negative territory after giving up daily gains, trading around 0.5930 during the Asian hours on Wednesday. However, the pair advanced as the New Zealand Dollar (NZD) strengthened amid rising Reserve Bank of New Zealand (RBNZ) rate hike bets in 2026. This could be attributed to domestic inflation concerns, driven by the recent surge in oil…
2026.03.10 2026.03.11 Weekly Economic Calendar for 16.03.2026–22.03.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Key macroeconomic data, including US producer price figures, will be released this week. Markets will also focus on the outcomes of meetings of eight of the world’s largest central banks. The main attention will be on the results of the two-day Federal Reserve meeting. Its outcome could determine the near-term…
Uncle Sam is about to release February’s inflation figures. Keep in mind the report won’t include the recent surge in crude oil prices. Our Event Guide for the U.S. February CPI report suggests inflation likely continued to rise, but probably not at a pace strong enough to push FOMC members toward rate hikes. If the CPI data meets expectations…
Goldman Sachs expects February CPI to show easing core inflation as autos and shelter moderate. Data due at 0830 US Eastern time on Wednesday, March 11, 2026. Summary: Goldman Sachs expects February core CPI to rise 0.17% m/m, below the 0.2% consensus. The forecast implies 2.42% year-on-year core inflation, versus 2.5% consensus. Headline CPI is projected to rise 0.18%…
Gold price (XAU/USD) holds steady near $5,190 during the early Asian session on Wednesday. The precious metal steadies after a period of volatility following signals of potential de-escalation in Middle East tensions. US President Donald Trump said on Monday that US military operations in Iran would be ending soon but gave no clear timeline for halting attacks that have rattled the Middle…
Markets whipsawed through Tuesday’s session as escalating military tensions between the United States and Iran drove extreme volatility in oil prices, with crude plunging early in the U.S. session amid reports of potential strategic petroleum reserve releases even as President Trump warned Iran against mining the Strait of Hormuz. Equities struggled to find direction amid the energy market turbulence,…
