18/03/2026
The markets remain subdued in light of limited US participation due to Thanksgiving. Key upcoming data releases, particularly German CPI and Eurozone sentiment, are expected to provide direction. Major currency pairs are consolidating, reflecting the broader market caution and reduced activity.
This week’s focus remains on the release of key US economic data, particularly PCE inflation and GDP figures, which are likely to set the tone for major currency pairs.
This week, global currencies are navigating heightened volatility driven by geopolitical developments, trade tensions, and evolving central bank policies. With major data releases and speeches ahead, markets are likely to see sharp moves as investors seek clarity on future economic directions.
Markets kicked off the week with significant movements driven by central bank expectations, geopolitical developments, and key appointments.
The overarching market theme remains one of caution, driven by geopolitical tensions and soft economic data. Safe-haven flows into the USD and JPY have dominated currency markets, while weak economic indicators weigh heavily on GBP, EUR, and AUD.
The Pound remains under pressure despite strong inflation data, with market attention focused on the BoE’s next moves. The US Dollar is showing resilience amid cautious Fed remarks and geopolitical tensions, while the Euro and Australian Dollar navigate their respective domestic policy challenges.