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Breaking: EUR/USD breaks below 1.1500 amid Middle East crisis
The EUR/USD pair resumes the downside, breaking below 1.1500 in the early European hours on Friday to trade at levels last seen in November 2025, as the US Dollar (USD) finds fresh haven demand in a risk-averse environment.
Fxstreet
Fri, Mar 13
Australian Dollar Rises as Markets Price in March Rba Rate Hike
AUD/USD gains ground after registering over 1% losses in the previous session, trading around 0.7090 during the Asian hours on Friday. The Australian Dollar (AUD) finds support against the US Dollar (USD) amid hawkish expectations surrounding the Reserve Bank of Australia (RBA) policy outlook.
Fxstreet
Fri, Mar 13
Australia will allow release of up to 762 million litres of petrol, diesel from domestic reserves
Australia's Energy Minister said on Friday that the country will release up to 762 million litres of fuel from reserves after easing stockholding rules to counter supply disruptions linked to the Iran conflict.Fxstreet
Fri, Mar 13
RBA to raise cash rate to 4.10% on March 17 - Reuters poll
A Reuters poll showed on Friday that 23 of 30 economists expect the Reserve Bank of Australia (RBA) to raise the Official Cash Rate (OCR) to 4.10% on March 17. Seven economists projected no change. The forecast marks a shift from February’s poll, which anticipated rates to remain at 3.85%.Fxstreet
Fri, Mar 13
CNH: Stable global usage outlook – Standard Chartered
Standard Chartered economists Tommy Wu and Hunter Chan note that the Offshore Renminbi (CNH) has shown a stable performance, with the Renminbi Globalisation Index largely flat between November and January after gains in August-October.Fxstreet
Thu, Mar 12
Taiwan: TWD supported by exports and inflows – Commerzbank
Commerzbank economists highlight that Taiwan’s February exports grew 20.6% year-on-year, marking a thirteenth straight month of double-digit gains despite holiday distortions. Electronics and AI-related shipments remain robust, though officials warn Middle East conflict could weigh on trade.Fxstreet
Thu, Mar 12
USD/CNH: Consolidation with Oil and risk in focus – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNH is consolidating near recent lows with fading bullish momentum, as fears of persistently high Oil prices and Iran-related risks weigh on broader sentiment despite the IEA’s reserve release.Fxstreet
Thu, Mar 12
Israel Prime Minister Benjamin Netanyahu: We are changing the Middle East
Israeli Prime Minister Benjamin Netanyahu held its first press conference since the war with Iran started and said that they are aiming to stop Iran from moving nuclear and ballistic projects underground, and changing the Middle East.Fxstreet
Thu, Mar 12
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