Oil, gas prices and Norges Bank krone purchases support NOK; EUR/NOK may briefly hit 11, then rebound.
US existing home sales rose to a 4.09 million annual rate in February, beating 3.89 million forecasts.
Canadian dollar edges up as US dollar softens; USD/CAD consolidates above fair value, support holds near 1.35.
TD Securities sees waning gold demand, summer-like volumes, lower leverage, ETF holdings, and fewer inflow catalysts.
Swiss inflation stays near zero; SNB holds rates at 0%, watches franc strength, weighing intervention over negatives.
GBP/JPY climbed as yen weakened on Hormuz disruption fears; oil risk premium persists and BoE cut odds decline.
China’s early metal imports diverged: iron ore and copper ore rose, while raw copper fell. Supply risks loom.
March volatility surged as Iran conflict swung Bank of Canada expectations from cuts to possible 2026 hikes.
The US Redbook Index annual growth fell to 6.2% on March 6, from 7% previously.
AUD/USD climbed above 0.7100 toward 0.7150 as softened labour sentiment shaped cautious RBA hike expectations.
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