China’s February retail sales rose 2.8% year-on-year, beating the 2.5% forecast, signaling stronger consumer spending.
China’s February industrial production grew 6.3% year-on-year, beating the 5.1% market forecast expectation.
China’s house price index fell 3.2% in February, slightly worse than January’s 3.1% annual decline.
DXY slipped from 10-month peak as Iran conflict fears eased; oil fell; markets await Fed guidance Wednesday.
WTI retreats below $96 as Hormuz reopening eases supply fears; resistance $98.90, supports $94.62/$90.33 noted.
PBoC set USD/CNY fix at 6.9057, highlighting exchange-rate stability goals and key monetary policy tools.
UK to deploy minesweeping drones in Strait of Hormuz, avoiding warships to reduce tensions, support oil exports.
Japan’s finance minister warned of decisive forex action amid volatility, as USD/JPY slipped to 159.38 Monday.
GBP/USD rebounds near 1.3260 as Iran conflict hopes lift risk; weak UK data and energy pressure.
USD/CAD dips to 1.3710; Middle East tensions, Hormuz security talks, weak Canada jobs data pressure loonie.
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