13/03/2026
The markets are poised for volatility with PMI data releases from key economies driving short-term movements. The US Dollar struggles under the weight of political and economic pressures.
The Euro and Australian Dollar face pressure from dovish central bank expectations and external risks, while the Pound and Canadian Dollar remain sensitive to upcoming domestic data
Currency markets remain sensitive to geopolitical risks and central bank policies. US President Trump’s tariff threats dominate sentiment, while economic data and central bank meetings in the coming weeks will drive volatility.
Currency markets were heavily influenced by US President Trump’s tariff-related remarks, which boosted the Dollar against most major counterparts.
Today’s market activity is largely influenced by political and economic events surrounding Donald Trump’s second inauguration.
Today’s currency markets are dominated by weak UK data, dovish expectations for both the Bank of England and the European Central Bank, and cautious optimism surrounding the US Dollar ahead of major political events.