Forex
OCBC strategists Sim Moh Siong and Christopher Wong stay constructive on the Australian Dollar (AUD) despite recent risk-off pressure from higher energy prices. They highlight above-target inflation, resilient domestic activity and a more hawkish Reserve Bank of Australia (RBA) as key supports.
Indices
Dow Jones Industrial Average remains under pressure after breaking below its 200-day moving average, with the recent TACO-driven rebound likely a dead cat bounce. The VIX/MOVE ratio signals unresolved rate volatility, pointing to further downside risk unless 46,710 resistance is reclaimed.
Forex
The United Kingdom (UK) docket has the preliminary Purchasing Managers’ Index (PMI) data for March to be released by the S&P Global on Tuesday, later this session at 09:30 GMT.
Commodities
Geopolitical tensions return after Iran denies US talks, sending oil up 4% and Asian markets tumbling. European shares eye a lower open as the dollar strengthens on safe-haven demand and diminished rate-cut hopes. Meanwhile, Japan's core inflation cools below the 2% target for the first time in four years.
Forex
The USD/CAD pair trades 0.25% higher to near 1.3760 during the early European session on Tuesday, the highest level seen in almost two months.
Forex
The EUR/USD pair loses momentum to near 1.1580 during the early European session on Tuesday. The Euro (EUR) weakens against the Greenback as escalating geopolitical tensions in the Middle East drive traders toward a safe-haven currency.
Forex
The EUR/JPY cross loses ground to near 183.85 during the early European session on Tuesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid the ongoing conflict in the Middle East, which boosts safe-haven flows.
Forex
NZD/USD has pared its recent gains from the previous day, trading around 0.5830 during the Asian session on Tuesday. The pair depreciates as the US Dollar (USD) gains on increased risk aversion after the Israeli military said it had launched a fresh wave of strikes on Tehran.
The USD/CAD pair had a volatile day driven by geopolitical shifts (Trump/Iran) and a massive drop in crude oil, which offset USD weakness. This analysis breaks down the pair's rotational pattern near 1.3715, explores future drivers like Fed remarks and trade tariffs, and offers a cautiously bullish technical outlook targeting 1.3800.
March 23rd 2026 North-American Session Recap – US-Iran talks could be picking up, helping a significant rebound in Sentiment. Check up the latest trends and developments, daily asset and FX performance, what changed fundamentally and what's coming up in the session ahead.
