Australian Dollar gains on RBA tightening bets and higher energy exports; oil spike risks recession-driven declines.
US launches Section 301 probes to replace expiring Section 122 tariffs, sustaining trade uncertainty and mid-year FX volatility.
Oil hovered near $100 amid Hormuz disruptions, Iran threats, IEA reserve release, and U.S. Russian-oil waiver.
Spain’s HICP inflation rose 2.5% year-on-year in February, matching forecasts, according to FXStreet’s reporting team.
Spain’s February HICP inflation rose 0.4% month-on-month, matching forecasts, according to FXStreet’s latest report.
Spain’s February CPI rose 0.4% month-on-month, matching forecasts, with no additional details reported.
Spain’s CPI rose 2.3% year-on-year in February, matching forecasts; the report provided no additional details.
WTI hovers near $95.60 as Australia, Japan tap reserves amid Iran conflict and Hormuz closure threats.
Eurozone disinflation enabled ECB rate cuts, but Iran conflict could lift energy prices, reviving inflation and hikes.
Gold retreats as dollar, yields rise on Middle East tensions, oil-fueled inflation fears; eyes PCE data.
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