Why Tariff Fears Are Driving a New U.S. Dollar Rally.To understand why the dollar keeps winning, you need to understand how both global uncertainty and tariff threats work in its favor.

WTI holds losses near $95.00 as Australia releases fuel reserves.WTI holds losses near $95.00 as Australia releases fuel reserves

US Dollar Index edges lower below 100.00 as traders brace for US PCE inflation release.US Dollar Index edges lower below 100.00 as traders brace for US PCE inflation release

USD/JPY Strength Persists — Is Another Rally Leg Coming?.Looking at the 4-hour chart, the pair settled well above 158.00, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green, 4-hour). There is also a key bullish trend line forming with support at 158.20.

Canadian Dollar remains flat as oil prices ease.Canadian Dollar remains flat as oil prices ease

Rupee trajectory pressured by rising oil risks; RBI to temper moves.The Indian rupee is likely to remain under pressure on Friday, with mounting concerns that oil prices may ​stay higher for longer keeping sentiment fragile, while the ‌central bank is seen smoothing the downside.

New Zealand Dollar posts mild gains above 0.5850, US PCE inflation data looms.New Zealand Dollar posts mild gains above 0.5850, US PCE inflation data looms

New Zealand BNZ manufacturing holds firm at 55 in February.New Zealand's manufacturing sector continued to expand in February, with BusinessNZ Performance of Manufacturing Index edging slightly lower from 55.1 to 55.0. While the headline reading dipped marginally, the index remains comfortably above the 50 breakeven level, signaling ongoing growth in the sector.

US, EU and Japan advance critical minerals trade deal with price floor plan.The U.S., EU and Japan are preparing a coordinated critical minerals trade framework that could include price floors and tariffs aimed at countering China's dominance in key supply chains.

Pound Sterling rises as US Dollar retreats ahead of PCE inflation data.Pound Sterling rises as US Dollar retreats ahead of PCE inflation data

Cliff Notes: A Time for Caution.The Westpac-MI Consumer Sentiment Index lifted modestly in March, up 1.2% to 91.6, still an outright pessimistic reading. The latest survey was in the field over the week to March 7, so it only captured part of this week's conflict escalation in the Middle East.

USD Extends Lead as Fed Cuts Price Out: USD/JPY to New Cycle Highs.A major theme in Markets is the progressive repricing for a more persistent and damaging US-Iran-Israel war, which would have a long-lasting consequences on Oil prices.

Poor US decision-making process underestimated Iran's willingness to disrupt Hormuz.Officials say U.S. planning underestimated Iran's willingness to disrupt the Strait of Hormuz, exposing weaknesses in the administration's decision-making process.

Australian Dollar rises as markets price in March RBA rate hike.Australian Dollar rises as markets price in March RBA rate hike

RBA to raise cash rate to 4.10% on March 17 - Reuters poll.RBA to raise cash rate to 4.10% on March 17 - Reuters poll

Dollar poised for second weekly gain with no end in sight for Iran war.The dollar held gains on Friday and was set for its second weekly gain since the beginning of the war ​in Iran as turmoil in markets left it the last safe-haven standing.

WTI climbs above $95.50 as Iran says the Strait of Hormuz must remain closed.WTI climbs above $95.50 as Iran says the Strait of Hormuz must remain closed

SGD: Energy shock keeps MAS path in play – OCBC.SGD: Energy shock keeps MAS path in play – OCBC

Iran's Mojtaba Khamenei says Strait of Hormuz must remain closed as tool to pressure enemy.Iran's Mojtaba Khamenei says Strait of Hormuz must remain closed as tool to pressure enemy

Malaysia: Oil exporter status cushions MYR – Commerzbank.Malaysia: Oil exporter status cushions MYR – Commerzbank

CNH: Stable global usage outlook – Standard Chartered.CNH: Stable global usage outlook – Standard Chartered

Financial & Forex Market Recap: March 12, 2026.Markets fell as Iran war drove oil above $100 while private credit stress pressured stocks, pushing S&P 500 to November lows as dollar rallied on repriced expectations.

CNY: Steady demand from low positioning base – BNY.CNY: Steady demand from low positioning base – BNY

New Zealand manufacturing PMI holds at 55 in February, strongest run since 2021.New Zealand's manufacturing sector continued to expand solidly in February, with activity holding at elevated levels for a third straight month, according to the latest BNZ–BusinessNZ Performance of Manufacturing Index (PMI).

New Zealand Business NZ PMI fell from previous 55.2 to 55 in February.New Zealand Business NZ PMI fell from previous 55.2 to 55 in February

More from Bessent, says we know Iran has not mined the Striat of Hormuz.U.S. Treasury Secretary Scott Bessent said Washington believes Iran has not mined the Strait of Hormuz, noting that some vessels are still navigating the strategic waterway despite heightened tensions in the region. Tankers, including Iranian and Chinese-flagged ships, have continued passing through the strait, indicating the shipping route remains physically open even as attacks on commercial vessels have disrupted trade flows.

Crude Oil Price Forecast: Momentum Suggests Resistance Tests Ahead.Crude oil shows strong short-term bullish momentum after Thursday's inside-day breakout, with Fibonacci levels and moving averages highlighting potential resistance and support zones for traders to watch.

TRADING DAY The destructive power of $100 oil.Global stocks fell on Thursday, slammed by a 10% spike in oil prices, spiking bond yields and a stronger dollar, all of which point to a deteriorating outlook for consumers, businesses and economic growth.

Natural Gas Price Forecast: Trendline Recovery Supports Bullish Bounce.Natural gas extended gains after trendline recovery, with daily and weekly charts suggesting potential resistance tests near $3.49–$3.66, indicating cautious bullish momentum for traders.

Oil wreaks havoc – North American Session Market Wrap for March 12.March 12th 2026 North-American Session Recap – Oil is shaking things up after a relatively calmer beginning of the week. Check up the latest trends and developments, daily asset and FX performance, what changed fundamentally and what's coming up in the session ahead.