EUR/USD holds losses near 1.1750 as German Retail Sales fall in January

EUR/USD declines nearly 1%, trading around 1.1740 during the European hours on Monday. The pair struggles as the Euro (EUR) remains under pressure after Germany’s Retail Sales fell 0.9% month-over-mon...

Silver price today: rises on March 2

Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $95.59 per troy ounce, up 1.90% from the $93.81 it cost on Friday. Silver prices have increased by 34.48% since the...

Risk premium builds on Hormuz threat – MUFG

MUFG’s Lee Hardman highlights that Brent briefly spiked above USD 82 before slipping back under USD 80 as traders assess Middle East supply risks. He notes tanker traffic through the Strait of Hormuz ...

Oil and gas shock seen as contained – Nomura

Nomura’s Senior European Economist Andrzej Szczepaniak assesses how recent moves in crude Oil, Natural Gas and EUR/USD following the US/Israel conflict with Iran could affect euro area HICP and ECB ex...

Policy uncertainty and macro backdrop – HSBC

HSBC Asset Management notes a spike in the policy uncertainty index on recent US trade and Federal Reserve headlines, even as US stocks range-trade and volatility stays contained. The team sees US gro...

Geopolitics reinforces safe haven bid – ING

ING’s commodities strategists Ewa Manthey and Warren Patterson say Gold is pushing higher as markets react to escalating tensions between the US, Israel and Iran. They stress that Gold’s safe-haven ro...

Dow Jones futures slump as risk aversion rises after US-Israel strikes on Iran

Dow Jones futures fall 1.43% to near 48,300 during European hours ahead of the US regular market open on Monday. S&P 500 and Nasdaq 100 futures decline 1.42% and 1.74% to near 6,790 and 24,570 at ...

Finds cushion near 20-day EMA amid US-Iran war-led correction

The AUD/USD pair trades 0.85% lower to near 0.7050 during the European trading session on Monday. The Aussie pair plummets as risk-off market sentiment amid the United States (US)-Iran war has weighed...

Jobs data and Fed signals guide volatility – BNY

BNY’s Head of Markets Macro Strategy Bob Savage highlights that U.S. ISM surveys, PMIs and the jobs report will be central for Dollar and rates pricing this week. The bank notes that the focus on jobs...

We could intervene against excessive appreciation in Swiss Franc

The Swiss National Bank (SNB) said during European trading hours on Monday that it could intervene in the foreign exchange market in an attempt to ease excessive appreciation of the Swiss Franc. Comme...

Oil, Gold and USD rally as US and Israel attack Iran

Here is what you need to know on Monday, March 2: Safe-haven flows dominate the action in financial markets to start the week after the United States (US) and Israel carried out a coordinated attack o...

US Banks Report $306,100,000 in Unrealized Losses As Number of Lenders in ‘Problem Banks List’ Jumps

US Banks Report $306,100,000 in Unrealized Losses As Number of Lenders in ‘Problem Banks List’ Jumps – The Daily Hodl ...

Range trading bias favors fading rallies – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret, notes the Canadian Dollar is ended the week slightly stronger versus the US Dollar, with cross-currents from equities and crude. Their fair value...

Hovers around 184.00 above nine-day EMA

EUR/JPY pares daily losses but remains in the negative territory, trading around 184.00 during the early European hours on Monday. The technical analysis of the daily chart shows a consolidation phase...

China’s foreign ministry criticizes US and Israel for attacking Iran

Here are comments from China’s foreign ministry on the conflict between the United States (US), Iran, and Israel. Remarks The US, Israel strikes on Iran violate international law. China is highly conc...

Geopolitics remaking world economy in real time – Rabobank

Rabobank analysts argue that, with geopolitics reshaping the world economy in real time, upcoming macro data are of secondary importance. Still, the bank lists a full week of releases, including globa...

Not too far from revisiting monthly high of 157.3

The USD/JPY pair is up 0.5% to near 157.00 during the European trading session on Monday, rising closer to the monthly high of 157.30. The pair strengthens as the US Dollar (USD) outperforms its peers...

USD/CHF gains to near 0.7700 as US Dollar firms, US Manufacturing PMI data in focus

The USD/CHF pair gathers strength to around 0.7695 during the early European trading hours on Monday. The Greenback edges higher against the Swiss Franc (CHF) as the hotter US January Producer Price I...

Oil shock risk supports Dollar – Commerzbank

Commerzbank’s Thu Lan Nguyen argues that escalating conflict in the Middle East and a potential Oil supply shock are negative for EUR/USD. The bank highlights the United States’ reserve currency role,...

War-driven spike tests risk appetite – UOB

UOB Global Economics & Markets Research highlights a sharp jump in Brent crude after US-Israel strikes on Iran and an OPEC+ decision to raise output. The bank notes Brent has already traded above ...

USD/CAD holds gains above 1.3650 ahead of ISM Manufacturing PMI

USD/CAD gains ground after registering modest losses in the previous session, trading around 1.3660 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) rises on increased saf...

BoJ’s Himino says could raise rates toward neutral if underlying inflation accelerates to target

Bank of Japan (BoJ) Deputy Governor Himino said on Monday that even if headline inflation falls below 2%, the central bank could raise interest rates toward neutral if it judge underlying inflation is...

Pound Sterling declines against its peers amid Middle East tensions

The Pound Sterling underperforms its major currency pairs, except antipodeans, and is down 0.6% to near 1.3400 against the US Dollar (USD) during the late Asian trading session on Monday. The British ...

Retreats from 7-month top, holds bullish bias near $71.00

West Texas Intermediate (WTI) US Crude Oil prices trim a part of strong intraday gains to levels beyond the $73.00 mark, or the highest since June 2025, touched this Monday in reaction to a dramatic e...

Iran officials say will not negotiate with US — Bloomberg

Iran’s national security chief, Ali Larijani, said the country will not negotiate with the United States in response to reports that he reached out to Washington via Oman mediators, Bloomberg reported...

Indian Rupee slumps as oil prices spike amid US-Iran war

The Indian Rupee (INR) starts the week on a negative note against the US Dollar (USD), with the USD/INR pair rising 0.25% to near 91.75 amid sour market sentiment and surging oil prices due to a bruta...

Silver declines below $94.00 amid renewed US Dollar demand

Silver price (XAG/USD) edges lower to near  $93.75 during the early European session on Monday, pressured by a renewed US Dollar (USD) demand. Traders will closely monitor the developments surrounding...

EUR/USD recovers some early losses driven by rising energy prices amid US-Iran war

The EUR/USD pair claws back some of its early losses during the late Asian trading session on Monday, but is still 0.25% down to near 1.1780. Earlier in the day, the Euro (EUR) declined sharply agains...

GBP/JPY recovers back closer to mid-210.00s on weaker JPY

The GBP/JPY cross rebounds swiftly from the Asian session low, around the 209.00 mark, and climbs to a fresh daily high in the last hour, filling the weekly bearish gap opening. Spot prices currently ...

Gold price in Saudi Arabia: Rates on March 2

Gold prices rose in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold stood at 645.63 Saudi Riyals (SAR) per gram, up compared with the SAR 635.04 it cost on Friday. T...

Gold price in Philippines: Rates on March 2

Gold prices rose in Philippines on Monday, according to data compiled by FXStreet. The price for Gold stood at 10,002.23 Philippine Pesos (PHP) per gram, up compared with the PHP 9,833.61 it cost on F...

Gold price in United Arab Emirates: Rates on March 2

Gold prices rose in United Arab Emirates on Monday, according to data compiled by FXStreet. The price for Gold stood at 632.15 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 621...