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USD/CNH: Upside risks as strong fix meets USD demand – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNH has traded higher as Iran-related geopolitical tensions support the Dollar. Beijing has been setting a stronger CNY fix, which has helped stabilise the Renminbi and partially offset broader Asian FX softness.
USD/CNH
Fxstreet
Fri, Mar 6
United Kingdom CFTC GBP NC Net Positions fell from previous £-57.1K to £-72.7K
United Kingdom CFTC GBP NC Net Positions fell from previous £-57.1K to £-72.7K
Fxstreet
Fri, Mar 6
United States CFTC S&P 500 NC Net Positions up to $-168.2K from previous $-193.5K
United States CFTC S&P 500 NC Net Positions up to $-168.2K from previous $-193.5K
Fxstreet
Fri, Mar 6
Singapore: Limited growth hit from conflict – UOB
UOB Global Economics & Markets Research, through Associate Economist Jester Koh, judges that Singapore’s GDP exposure to the Middle East conflict is modest under a short-lived shock scenario.
Fxstreet
Fri, Mar 6
Japan CFTC JPY NC Net Positions declined to ¥-16.6K from previous ¥11.5K
Japan CFTC JPY NC Net Positions declined to ¥-16.6K from previous ¥11.5K
Fxstreet
Fri, Mar 6
United States CFTC Gold NC Net Positions increased to $160.1K from previous $159.2K
United States CFTC Gold NC Net Positions increased to $160.1K from previous $159.2K
Gold
Fxstreet
Fri, Mar 6
United States CFTC Oil NC Net Positions: 172.2K vs previous 172.7K
United States CFTC Oil NC Net Positions: 172.2K vs previous 172.7K
Fxstreet
Fri, Mar 6
Eurozone CFTC EUR NC Net Positions down to €136.5K from previous €156.9K
Eurozone CFTC EUR NC Net Positions down to €136.5K from previous €156.9K
Fxstreet
Fri, Mar 6
Australia CFTC AUD NC Net Positions rose from previous $52.6K to $67.8K
Australia CFTC AUD NC Net Positions rose from previous $52.6K to $67.8K
Fxstreet
Fri, Mar 6
Australia CFTC AUD NC Net Positions up to $678K from previous $52.6K
Australia CFTC AUD NC Net Positions up to $678K from previous $52.6K
Fxstreet
Fri, Mar 6
United States Consumer Credit Change below expectations ($12B) in January: Actual ($8.05B)
United States Consumer Credit Change below expectations ($12B) in January: Actual ($8.05B)
Fxstreet
Fri, Mar 6
CNY: Flows diverge as safe haven doubts grow – BNY
BNY’s Head of Markets Macro Strategy Bob Savage notes a sharp divergence between CNY forwards and spot, suggesting hedge unwinding alongside asset outflows. CNY has outperformed peers, yet the bank questions its safe haven role as spot flows show large outflows tied to expatriation.
USD/CNH
Fxstreet
Fri, Mar 6
Fed’s Hammack: Inflation problem is broader than just tariffs
Beth Hammack, President of the Federal Reserve (Fed) Bank of Cleveland, said that inflation is too high, adding that inflationary pressures are broad-based at the the United States (US) Monetary Policy Forum in New York City on Friday.
Fxstreet
Fri, Mar 6
USD/MYR: Consolidation near highs with upside risks – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong report that USD/MYR is consolidating near recent highs after an early-week run-up, supported by broader USD strength and soggy risk sentiment. Geopolitical headlines around Iran and energy markets are seen as key drivers.
Fxstreet
Fri, Mar 6
Argentina Industrial Output n.s.a (YoY) up to -3.2% in January from previous -3.9%
Argentina Industrial Output n.s.a (YoY) up to -3.2% in January from previous -3.9%
Fxstreet
Fri, Mar 6
Fed’s Collins: Fed policy is well positioned
Susan Collins, President of the Federal Reserve (Fed) Bank of Boston, said that to cut interest rates again, the Fed needs to see clear evidence of inflation ebbing, adding that she sees no need to change the monetary policy stance urgently at a gathering in Springfield, Massachusetts on Friday.
Fxstreet
Fri, Mar 6
Japan: GDP revision seen on stronger wages – ING
ING economists Lynn Song and Min Joo Kang anticipate an upward revision to Japan’s 2025 Q4 GDP, supported by stronger winter bonuses and improving real cash earnings as inflation cools.
USD/JPY
Fxstreet
Fri, Mar 6
ECB’s Schnabel: Iran war creates upside inflation risks
Isabel Schnabel, European Central Bank (ECB) member, said that the ECB’s is still in a good place even though the Iran war created some upside inflation risks at the 2026 United States (US) Monetary Policy Forum in New York on Friday.
EUR/USD
Fxstreet
Fri, Mar 6
Fed’s Miran: Fed typically does not respond to oil prices
Stephen Miran, Federal Reserve (Fed) governor said that he is hesitant to read too much into one month’s job report and that policy, adding that if anything, it biases him towards an even more dovish policy in an interview with CNBC on Friday.
Fxstreet
Fri, Mar 6
China: Inflation and trade data signal firmer cycle – ABN AMRO
ABN AMRO expects China’s CPI inflation to rebound to around 1% year-on-year in February, driven by Lunar New Year spending and base effects after a 0.2% reading in January.
Fxstreet
Fri, Mar 6
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