Day: March 22, 2026

Dollar strength returns on geopolitics – Scotiabank

Dollar strength returns on geopolitics – Scotiabank

Scotiabank’s global FX strategy team reports broad Dollar strength as G10 performance realigns with early US/Iran conflict patterns. They stress fragile risk sentiment as markets reassess prolonged conflict risks, central bank paths and violent yield repricing. Oil benchmarks diverge, while Copper and Gold show signs of technical stabilization after recent swings. Dollar firm as conflict […]

US sends thousands of Marines and three warships to Middle East – WSJ

US sends thousands of Marines and three warships to Middle East – WSJ

Citing officials, the Wall Street Journal reported on Friday that the Pentagon is sending roughly “2,200 to 2,500 Marines from the California-based USS Boxer amphibious ready group and 11th Marine Expeditionary Unit,” to the Middle East, alongside three warships. Market reaction Markets remain risk-averse following this headline. At the time of press, the Nasdaq Composite […]

USD/CAD rebounds as weak Canadian Retail Sales and firmer USD weigh on Loonie

USD/CAD rebounds as weak Canadian Retail Sales and firmer USD weigh on Loonie

USD/CAD recovers from intraday lows on Friday as softer-than-expected Canadian Retail Sales data weighs on the Canadian Dollar (CAD), while a rebound in the US Dollar (USD) provides additional support to the pair. At the time of writing, USD/CAD is trading around 1.3735, rebounding from an intraday low near 1.3699. Meanwhile, the US Dollar Index […]