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March 10, 2026

North American Summary and Highlights 10 Mar
Freemium Article

March 10, 2026 7:48 PM UTC

Overview - Oil and the USD weakened through most of the session, but a late correction in oil saw the USD losses largely erased. 

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Bank of Canada Preview for March 18: No change in rates or from January's message
Freemium Article

March 10, 2026 5:27 PM UTC

The Bank of Canada meets on March 18 and looks highly likely to leave rates unchanged at 2.25%. The statement is likely to reiterate the message given at the last meeting on January 28, that the policy rate is appropriate conditional on the economy evolving in line with expectations, but uncertainty

Chart USD/CAD Update: Range trade - studies under pressure
Freemium Article

March 10, 2026 5:03 PM UTC

Little change, as prices extend cautious trade within the 1.3550 - 1.3600 range

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Preview: Due March 11 - U.S. February CPI - A moderate gain, but inflation not yet defeated
Freemium Article

March 10, 2026 12:15 PM UTC

We expect February’s CPI to increase by 0.3%, with a 0.2% increase ex food and energy.  Before rounding we expect the gains will be similar, with the overall CPI rounded up from 0.26% and the core rounded down from 0.24%.  CPI has slowed, but it is too soon for the Fed to declare victory.

Chart GBP/USD Update: Smart bounce
Freemium Article

March 10, 2026 8:36 AM UTC

Cautious trade has given way to a steady reversal higher

Chart GBP/USD Update: Room for stronger recovery
Freemium Article

March 10, 2026 2:04 AM UTC

Limited below the 1.3300 level and subsequent bounce to regain the 1.3400 level signal a bullish outside range 

March 09, 2026

North American Summary and Highlights 9 Mar
Freemium Article

March 9, 2026 8:11 PM UTC

Overview - The USD opened firmer but eventually fully erased its gains, in line with volatile moves in oil. 

Chart USD/CAD Update: Consolidating test lower - studies under pressure
Freemium Article

March 9, 2026 4:56 PM UTC

The anticipated break below 1.3550 has bounced from 1.3525

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EM Europe and CIS: Select Country Risk Ratings
Freemium Article

March 9, 2026 11:00 AM UTC

We provide country risk reviews for EM Europe/CIS countries including Russia and Ukraine. 

Chart GBP/USD Update: Lower in range - studies under pressure
Freemium Article

March 9, 2026 8:37 AM UTC

The anticipated test of congestion resistance at 1.3400 has given way to a sharp pullback

Chart GBP/USD Update: Under pressure
Freemium Article

March 9, 2026 1:52 AM UTC

Weak start to break the 1.3300 level see room for extension to retest the 1.3253 low of last week

March 06, 2026

North American Summary and Highlights 6 Mar
Freemium Article

March 6, 2026 8:59 PM UTC

Overview - The USD opened firmer on Middle East worries, but lost momentum after weak US employment data. 

Chart USD/CAD Update: Lower in both USD- and CAD-driven trade
Freemium Article

March 6, 2026 4:57 PM UTC

Cautious trade has given way to a pullback in both USD- and CAD-driven trade

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U.S. February Employment - Decline follows an above trend January, trend near flat
Freemium Article

March 6, 2026 2:24 PM UTC

February’s non-non-farm payroll with a 92k decline is well below expectations but needs to be seen alongside a 126k increase in January, and in the context of bad weather between the two surveys. Unemployment edged up to 4.4% from 4.3% though more positive are a 0.4% rise in average hourly earning

This week's five highlights
Freemium Article

March 6, 2026 12:00 PM UTC

Markets and the Iran War
U.S. February Employment Not as strong as January
This Week's Fed Speakers
China Aims 4.5-5.0% GDP Growth 
DXY Choppy in range

Chart GBP/USD Update: Choppy in range
Freemium Article

March 6, 2026 8:29 AM UTC

The retest of support at the 1.3287 weekly low of 9 December and congestion around 1.3300 is giving way to a bounce to 1.3365, where mixed intraday studies are prompting consolidatio

Chart GBP/USD Update: Ranging within the 1.3400/1.3300 area
Freemium Article

March 6, 2026 1:31 AM UTC

Little change, as prices extend ranging action within the 1.3400/1.3300 area

March 05, 2026

North American Summary and Highlights 5 Mar
Freemium Article

March 5, 2026 8:57 PM UTC

Overview - The USD was firm on Middle East worries, but saw a late correction from its highs. 

Chart USD/CAD Update: Choppy in range
Freemium Article

March 5, 2026 5:02 PM UTC

Still little change

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Preview: Due March 6 - U.S. February Employment (Non-Farm Payrolls) - Not as strong as January, but still marginally positive
Freemium Article

March 5, 2026 2:26 PM UTC

We expect February’s non-farm payroll to rise by 35k overall and by 50k in the private sector, both four month lows and significantly slower than January’s above trend respective gains of 130k and 172k. We expect unemployment to edge up to 4.4% from 4.3%, reversing a January dip, and average hou

Chart GBP/USD Update: Leaning lower
Freemium Article

March 5, 2026 8:30 AM UTC

The anticipated minor test higher has met selling interest at congestion resistance  around 1.3400

Chart GBP/USD Update: Consolidating losses to 1.3253 low
Freemium Article

March 5, 2026 1:57 AM UTC

Turned up from the 1.3253 low to consolidate above the 1.3300 level as prices unwind oversold intraday studies

March 04, 2026

North American Summary and Highlights 4 Mar
Freemium Article

March 4, 2026 8:49 PM UTC

Overview - The USD saw modest losses on hopes that the conflict in the Middle East could be resolved. 

Chart USD/CAD Update: Cautious trade - room for a minor test lower
Freemium Article

March 4, 2026 4:47 PM UTC

Little change, as prices extend consolidation following the pullback from resistance at the 1.3755 Fibonacci retracement

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UK GDP Preview (Mar 13): Were Things Getting Better?
Freemium Article

March 4, 2026 11:11 AM UTC

Belatedly, some good news; the UK economy grew for a second successive month in December, something not seen for almost a year.  Even more encouragingly, it may very well enjoy a further rise in the looming January data, thereby providing the best three-month showing in two years.  But as is famil