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EUR/USD falls as Middle East tensions lift USD despite hot EZ inflation
EUR/USD edges down during the North American session yet it has bounced off daily lows hit at 1.1530 on heightened tensions in the Middle East, despite a jump on inflation in the Eurozone. The pair trades at 1.1618, down 0.63%.
Fxstreet
46 minutes ago
FOREX-US dollar firms on renewed inflation risks; market pares back rate-cut outlook
Yen and euro hit by energy import concerns Dollar rises due to safe-haven demand Japanese finmin puts market on notice of possible FX actionBy Gertrude Chavez-Dreyfuss and Niket Nishant NEW YORK/LONDON, March 3 (Reuters) - The U.S. dollar logged sharp gains on Tuesday, hitting multi-month peaks ...Reuters
an hour ago
CANADA FX DEBT-Canadian dollar rebounds as investors reject breakout from recent range
Loonie touches weakest since January 23 at 1.3752Price of oil increases 4.5%10-year yield touches a near three-week highBy Fergal Smith TORONTO, March 3 (Reuters) - The Canadian dollar recovered from a near six-week low against its U.S. counterpart on Tuesday in a sign that the recent sideways pa...Reuters
2 hours ago
USD/CAD slips as surging crude oil lifts the Canadian Dollar
USD/CAD slipped about 0.1% on Tuesday, settling near 1.3660 in a thin daily change after Monday's broader US Dollar bid failed to carry through. The pair has been trending lower since the January highs close to 1.3930, carving out a series of lower highs and lower lows.
Fxstreet
2 hours ago
Brazil's central bank says it announced dollar auctions earlier in the day by error
March 3 (Reuters) - BRAZIL'S CENTRAL BANK ANNOUNCES DOLLAR AUCTIONS WITH REPURCHASE AGREEMENT - STATEMENTBRAZIL'S CENTRAL BANK OFFERING UP TO $2 BILLION IN EACH OF TWO DOLLAR AUCTIONS WITH REPURCHASE AGREEMENTBRAZIL'S CENTRAL BANK CANCELS THE TWO DOLLAR AUCTIONS WITH REPURCHASE AGREEMENT...Reuters
4 hours ago
IMF says US external position modestly weaker but dollar still 'heart' of global economy
WASHINGTON, March 3 (Reuters) - The U.S. needs to reduce its current account deficit and has a weakened position relative to desirable policies, the International Monetary Fund's number two official said on Tuesday, but the dollar remains the "heart of the international monetary system.IMF F...Reuters
5 hours ago
Latam, Caribbean growth to slow to 2.1% in 2026 says IDB
IDB urges rebuilding fiscal space amid rising debt costsLabor-driven growth narrows as AI, mineral demand riseDeeper regional integration needed for long-term growthBy Rodrigo CamposNEW YORK, March 3 (Reuters) - Latin American and Caribbean countries should push for more fiscal prudence and regional...Reuters
5 hours ago
AUD/USD drops under 0.7000 as USD strengthens amid Middle East war
AUD/USD extends its pullback and trades around 0.6990 on Tuesday at the time of writing, down 1.36% on the day, after breaking below the 0.7000 level. The pair is now hovering at multi-week lows, pressured by renewed demand for the US Dollar (USD) and a market environment dominated by risk aversion.
Fxstreet
5 hours ago
FOREX-US dollar surges as Middle East tension drives safety bid
Yen and euro hit by energy import concerns Dollar rises due to safe-haven demand Japanese finmin puts market on notice of possible FX actionBy Niket Nishant, Gertrude Chavez-Dreyfuss and Rocky Swift LONDON/NEW YORK/TOKYO, March 3 (Reuters) - The U.S. dollar posted sharp gains on Tuesday, hitting...Reuters
6 hours ago
GBP/USD slides to 1.3300 as Middle East tensions lift US Dollar
The Pound Sterling extends its losses during the North American session as the conflict in the Middle East involving the US, Israel and Iran, intensified fueling a flight to safety sponsored by inflationary pressures on high Oil prices.
Fxstreet
6 hours ago
Silver price forecast: XAG/USD plunges 10% as US Dollar strengthens
Silver (XAG/USD) extends losses on Tuesday, falling nearly 10% as a stronger US Dollar (USD) and rising US Treasury yields temper demand for safe-haven assets despite fragile market sentiment linked to the ongoing US-Iran conflict.
Fxstreet
6 hours ago
Mexico analysts lift 2026 inflation, economic growth forecasts
MEXICO CITY, March 3 (Reuters) - Private sector analysts polled by Mexico's central bank expect slightly higher inflation at the end of this year and next compared to the previous month's poll, the bank said on Tuesday. They now expect headline inflation to wrap up this year at 4.00%, up fro...Reuters
6 hours ago
EUR/GBP eases despite stronger Eurozone inflation data
The Euro (EUR) trades under mild pressure against the British Pound (GBP) on Tuesday as traders reassess the monetary policy outlook for major central banks amid inflation concerns tied to higher Oil prices driven by the US-Iran conflict.
Fxstreet
7 hours ago
Sterling slides as Middle East conflict lifts oil prices, muddies rate outlook
By Niket Nishant LONDON, March 3 (Reuters) - The British pound tumbled to its lowest in three months on Tuesday as the intensifying conflict in the Middle East drove oil prices higher, rekindling inflation fears and prompting traders to trim rate-cut bets.The currency GBP=D3 slipped 0.65% agains...Reuters
8 hours ago
Oil shock could strain emerging markets beyond inflation, analysts say
By Kanchana Chakravarty and Rashika Singh March 3 (Reuters) - The war in Iran and the resulting surge in energy prices will impact emerging markets well beyond inflation to broader pressures on external balances, currencies and capital flows, analysts warn. Brokerages, including J.P...Reuters
8 hours ago
