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Japanese Yen keeps falling as the Middle East war enters fifth week
The Japanese Yen (JPY) continues to remain at the receiving when compared to the US Dollar (USD) as a new week begins in Asia on Monday.
USD/JPY
Fxstreet
Sun, Mar 29
Middle East War Updates: Iran-backed Houthis strike Israel as the conflict expands
Here’s a brief recap of important developments that occurred over the weekend as the Middle East war enters its fifth week, with no signs of any truce.
WTI
Fxstreet
Sun, Mar 29
Thai Baht: War-driven pressures challenge BOT stance – DBS
DBS Group Research economist Chua Han Teng highlights that Thailand’s financial markets, particularly the Thai Baht (THB) and equities, are under pressure due to vulnerability to Middle East conflict-related commodity shocks.
Fxstreet
Fri, Mar 27
Philippines: Extended pause view after BSP off-cycle move – UOB
UOB’s Global Economics & Markets Research, via Julia Goh and Loke Siew Ting, notes that the central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP) kept the RRP (Reverse Repurchase Rate) rate at 4.25% in an off-cycle meeting as supply-driven inflation and Middle East risks intensify.
Fxstreet
Fri, Mar 27
CNY: PBoC seen resisting strong appreciation – Commerzbank
Commerzbank economists Dr. Henry Hao and Volkmar Baur say China’s industrial profits surged early in 2026, led by AI-related electronics, but this strength predates the recent energy shock.
USD/CNH
Fxstreet
Fri, Mar 27
United Kingdom CFTC GBP NC Net Positions climbed from previous £-65.5K to £-58.4K
United Kingdom CFTC GBP NC Net Positions climbed from previous £-65.5K to £-58.4K
Fxstreet
Fri, Mar 27
Japan CFTC JPY NC Net Positions: ¥-62.8K vs ¥-67.8K
Japan CFTC JPY NC Net Positions: ¥-62.8K vs ¥-67.8K
Fxstreet
Fri, Mar 27
United States CFTC Gold NC Net Positions climbed from previous $159.9K to $168.3K
United States CFTC Gold NC Net Positions climbed from previous $159.9K to $168.3K
Gold
Fxstreet
Fri, Mar 27
United States CFTC S&P 500 NC Net Positions climbed from previous $-113.1K to $-80.9K
United States CFTC S&P 500 NC Net Positions climbed from previous $-113.1K to $-80.9K
Fxstreet
Fri, Mar 27
United States CFTC Oil NC Net Positions rose from previous 218.7K to 233.6K
United States CFTC Oil NC Net Positions rose from previous 218.7K to 233.6K
Fxstreet
Fri, Mar 27
Eurozone CFTC EUR NC Net Positions declined to €9.3K from previous €21.1K
Eurozone CFTC EUR NC Net Positions declined to €9.3K from previous €21.1K
Fxstreet
Fri, Mar 27
Australia CFTC AUD NC Net Positions rose from previous $69.1K to $70.9K
Australia CFTC AUD NC Net Positions rose from previous $69.1K to $70.9K
Fxstreet
Fri, Mar 27
Indonesia: Inflation pressures from Oil and festivals – DBS
DBS Group Research expects Indonesia’s March CPI inflation to stay firm at 4% year-on-year, slightly below February’s 4.8%, but with a faster monthly pace. Analysts highlight the impact of higher energy prices and festive demand, as well as base effects.
Fxstreet
Fri, Mar 27
South Korea: Trade resilience and energy-driven CPI – DBS
DBS Group Research sees South Korea’s March exports remaining in double-digit growth, supported by strong AI and data centre demand, higher memory prices and supply shortages, leading to a wider trade surplus despite rising import costs.
Fxstreet
Fri, Mar 27
PHP: Oil shock, inflation risks and BSP path – ING
ING’s Deepali Bhargava warns that higher Oil prices and supply disruptions are worsening growth, inflation and external balances in the Philippines.
Fxstreet
Fri, Mar 27
Fed's Barkin: Prudent to keep rates on hold as AI and geopolitical risks cloud outlook
Federal Reserve (Fed) Richmond President Thomas Barkin said on Friday that it is prudent to keep interest rates steady for now, as policymakers await greater clarity on the economic outlook.
Fxstreet
Fri, Mar 27
ECB: Oil shock complicates path – ING
ING notes that ECB officials have offered little resistance to hawkish market pricing as Oil rises, reinforcing front-end EUR rate expectations.
EUR/USD
Fxstreet
Fri, Mar 27
Canada: Growth outlook steady with partial rebound – RBC
Royal Bank of Canada (RBC) economists Claire Fan and Abbey Xu expect Canadian GDP to be essentially flat in January after December’s 0.2% gain, with weakness concentrated in autos and housing but offset by energy and retail.
Fxstreet
Fri, Mar 27
United States UoM 1-year Consumer Inflation Expectations above forecasts (3.4%) in March: Actual (3.8%)
United States UoM 1-year Consumer Inflation Expectations above forecasts (3.4%) in March: Actual (3.8%)
Fxstreet
Fri, Mar 27
United States Michigan Consumer Expectations Index came in at 51.7 below forecasts (54.1) in March
United States Michigan Consumer Expectations Index came in at 51.7 below forecasts (54.1) in March
Fxstreet
Fri, Mar 27
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