Forex
Rabobank’s FX Strategy team has lowered its short-term EUR/USD projections, citing prolonged disruption in the Strait of Hormuz and higher Oil and gas prices.
Forex
AUD/USD trades lower on Friday at around 0.7040 at the time of writing, down 0.46% on the day, after hitting a multi-year high at 0.7187 earlier in the week. The pullback comes as the US Dollar (USD) strengthens and risk sentiment deteriorates across financial markets.
Crypto
Crypto update: Cryptocurrencies remain insulated from broader market sell-offs. Despite a six-month slump following October highs, record Ethereum on-chain activity and Bitcoin scarcity limit selling pressure. Explore an intraday technical analysis of the cryptocurrencies as they attempt a meaningful bounce.
Forex
Brown Brothers Harriman’s (BBH) Elias Haddad reports that GBP/USD has dropped below 1.3300 and remains vulnerable after UK GDP unexpectedly stalled in January. Zero monthly growth leaves output below the Bank of England’s Q1 projection.
Equities
Jet fuel prices have surged sharply due to supply tensions linked to Middle East disruptions. The spike reflects a shortage of refined products rather than crude oil, as indicated by soaring refining margins. Because the region is a major exporter of petroleum products and Europe depends heavily on imported jet fuel, any disruption in Gulf supply routes quickly drives prices higher.
Forex
NZD/USD extends its decline on Friday, trading around 0.5820 at the time of writing and down 0.58% on the day. The pair records a fourth consecutive daily loss as the US Dollar (USD) strengthens amid rising geopolitical tensions and renewed inflation concerns.
Forex
Societe Generale’s technical team notes USD/CAD has found tentative support near 1.3480, forming a small base, but sees no clear evidence yet of a larger uptrend.
Commodities
Geopolitical tensions from the US-Israel-Iran conflict drive a second straight week of global market losses. Oil prices remain elevated, fueling inflation fears and leading the US dollar to surge to a 3-month high as a safe haven. Asian and European stocks retreated sharply, with tech cyclicals most affected. US Data ahead.
Indices
The Dow Jones Industrial Average is approaching a critical technical level near its 200-day moving average at 46,330 after underperforming US peers since the US–Iran war 2026 began. Rising oil prices and a bear-flattening US Treasury yield curve are weighing on financial stocks, including Goldman Sachs, increasing the risk of a broader downside break if key support fails.
West Texas Intermediate (WTI) oil price remains steady after experiencing volatility, hovering near $95.60 per barrel during the European hours on Friday.
