About: josephine
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OPEC maintains 2026-2027 global oil demand growth forecasts unchanged, while WTI continues struggling to find direction
OPEC kept 2026-27 oil demand growth forecasts unchanged as OPEC+ output rose; Japan, Germany plan reserve releases.
Written on March 11, 2026 at 8:01 pm
Categories: Live Updates
Since Iran conflict escalation, EUR/GBP dropped 1.5%, driven by stronger GBP rate expectations and resilient equities
EUR/GBP fell 1.5% on stronger GBP, hawkish UK rates, resilient equities; lower oil may lift pair.
Written on March 11, 2026 at 8:00 pm
Categories: Live Updates
Scotiabank strategists say USD/CAD remains range-bound, as tighter rate spreads and higher oil underpin CAD strength
Canadian dollar steadied as oil rose, rate spreads narrowed; USD/CAD consolidates near 1.35 with bearish signals.
Written on March 11, 2026 at 8:00 pm
Categories: Live Updates
Following US CPI matching forecasts, the dollar strengthens, pushing EUR/USD down near 1.1587 for a second session
Euro weakens to 1.1587 as steady US inflation boosts dollar; Fed seen holding rates; oil risks.
Written on March 11, 2026 at 8:00 pm
Categories: Live Updates
MUFG’s Derek Halpenny said oil’s 50% spike barely boosted the dollar, leaving EUR/USD just 1.7% lower
Dollar rose less than models predicted after oil spike; crude retraced, ECB signals readiness to counter energy shock.
Written on March 11, 2026 at 7:59 pm
Categories: Live Updates
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