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TRY: Policy stays tight as CBRT holds – Societe Generale
Societe Generale expects the CBRT to keep the one-week repo rate at 37.0% and maintain a hawkish stance, with effective funding already pushed to 40% via the overnight lending window. The bank notes heavy FX reserve use and liquidity draining to support the Lira and tight conditions.
Fxstreet
Thu, Mar 12
FOREX-Dollar near 2026 highs as volatile oil fans inflation spike fears
(Reuters) - The dollar gained for a third consecutive session on Thursday, staying close to its strongest levels this year as surging crude prices stoked inflation worries, which could potentially force central banks to reassess the need for interest-rate hikes.Reuters
Thu, Mar 12
EUR/USD Price Forecast: Holds losses near 1.1550 as bearish bias prevails
EUR/USD continues to lose ground for the third consecutive day, trading around 1.1550 during the European hours on Thursday. Daily chart technical analysis indicates a persistent bearish bias as the pair moves downwards within a descending channel pattern.Fxstreet
Thu, Mar 12
USD/JPY: Hawkish BOJ risks at multi‑decade highs – DBS
DBS Group Research’s Philip Wee warns that caution is warranted on USD/JPY as the pair trades near the 159–160 resistance zone after Operation Epic Fury. He expects the Bank of Japan to deliver a hawkish hold on March 19, distinguishing temporary supply-led inflation from demand-pull pressures.
Fxstreet
Thu, Mar 12
South Korean parliament approves $350 bln US investment bill
Bill supports $350 billion investment in U.S. strategic industriesBipartisan support passes bill in National AssemblyU.S. Section 301 probes within expectations - ministerBy Joyce Lee SEOUL, March 12 (Reuters) - South Korea's parliament passed a special bill on Thursday to pave the way for Se...Reuters
Thu, Mar 12
FOREX-US dollar hovers near 2026 highs as oil's rise spurs hawkish central bank bets
Market pricing implies earlier tightening by central banksCrude oil volatility at highest levels since pandemicInvestor confidence also dented by U.S. tariff movesBy Gregor Stuart Hunter SINGAPORE, March 12 (Reuters) - The dollar extended its gains on Thursday to hold near its strongest levels th...Reuters
Thu, Mar 12
Canadian Dollar gains traction to near 1.3600 as Oil gains on Strait of Hormuz closure
The USD/CAD pair trades in negative territory around 1.3600 during the early European trading hours on Thursday. A rise in crude oil prices provides some support to the commodity-linked Canadian Dollar (CAD). The US weekly Initial Jobless Claims report will be released later on Thursday.
Fxstreet
Thu, Mar 12
USD/JPY: Focus on 159.45 and 160.00 topside – UOB
UOB strategists Quek Ser Leang and Peter Chia highlight a strong USD/JPY rally to just under 159.00, driven by higher US yields. Intraday, they see scope for a test of 159.45 while warning that deeply overbought conditions make further gains difficult.Fxstreet
Thu, Mar 12
Goldman Sachs delays Fed rate-cut call as Middle East war lifts inflation risks
March 12 (Reuters) - Goldman Sachs has pushed back its forecast for the U.S. Federal Reserve's rate cuts, and now expects quarter-point reductions in September and December, citing rising inflation risks linked to the Middle East conflict.The U.S. brokerage had previously projected the easing cy...Reuters
Thu, Mar 12
Taiwan fund assets seen rising 36% to $968 billion on ETF boom, TSMC strength
By Faith Hung and Roger Tung TAIPEI, March 12 (Reuters) - Total assets under management in Taiwan’s investment fund industry are expected to grow by more than a third to T$30 trillion ($968 billion) within the next three years, the chairman of Taiwan's investment fund industry association...Reuters
Thu, Mar 12
USD/CHF gains above 0.7800 amid Fed hawkish hold expectations
The USD/CHF pair gathers strength to around 0.7820 during the early European session on Thursday. The US Dollar (USD) strengthens against the Swiss Franc (CHF) as soaring oil prices threaten to spur inflation and force the US Federal Reserve (Fed) to adopt more hawkish policy stances.
Fxstreet
Thu, Mar 12
AUD/USD Price Forecast: Moves away from multi-year top, slides to 0.7125 amid firmer USD
The AUD/USD pair attracts some sellers during the Asian session on Thursday, and for now, seems to have snapped a four-day winning streak to its highest level since June 2022, around the 0.7185 region, touched the previous day.
Fxstreet
Thu, Mar 12
NZD/USD falls to near 0.5900 as risk aversion increases on Middle East war
NZD/USD remains weaker for the third consecutive day, trading around 0.5900 during the Asian hours on Thursday. The pair declines as the US Dollar (USD) remains stronger, as surging energy prices heightened inflationary risks and reduced the likelihood of Federal Reserve (Fed) interest rate cuts.
Fxstreet
Thu, Mar 12
