EUR/JPY Price Forecast: Declines below 184.00, but uptrend intact above EMA.EUR/JPY Price Forecast: Declines below 184.00, but uptrend intact above EMA

US Dollar Index steadies near 98.50 amid safe haven demand.US Dollar Index steadies near 98.50 amid safe haven demand

GBP/JPY slides back below 211.00 mark amid geopolitical tensions, BoE-BoJ divergence.GBP/JPY slides back below 211.00 mark amid geopolitical tensions, BoE-BoJ divergence

Australia Building Permits (MoM) below expectations (5.5%) in January: Actual (-7.2%).Australia Building Permits (MoM) below expectations (5.5%) in January: Actual (-7.2%)

USD/JPY Price Forecast: Holds onto gains near monthly high above 157.00.USD/JPY Price Forecast: Holds onto gains near monthly high above 157.00

Canadian Dollar steadies as Oil prices strengthen on Strait of Hormuz closure.Canadian Dollar steadies as Oil prices strengthen on Strait of Hormuz closure

AUD/JPY breaks high after hawkish RBA shift, 113.22 next.Australian Dollar rallied broadly after RBA Governor Michele Bullock delivered hawkish remarks that reintroduced a genuine possibility of a rate hike at the March meeting. By describing the decision as “live” and warning against assuming a hold, Bullock unsettled prior market consensus and injected fresh upside risk into rate expectations.

RBA's Bullock reopens door to March hike as oil risks mount.RBA Governor Michele Bullock delivered a distinctly hawkish message at the AFR Business Summit today, warning markets not to assume a March rate hold is a done deal. She stressed that the upcoming meeting is “live,” pushing back against expectations that policy decisions are effectively pre-set or limited to quarterly moves.

Escalating Middle East Tensions Jolt Oil Markets.Oil markets have reacted swiftly to the latest escalation in Middle East tensions. At the time of writing, WTI crude prices have surged more than 5% to $70.50/bbl, marking the highest level since mid-June.

WTI climbs back closer to $72.00 as closure of Strait of Hormuz fuels supply concerns.WTI climbs back closer to $72.00 as closure of Strait of Hormuz fuels supply concerns

Australia Building Permits (YoY): -15.7% (January) vs previous 0.4%.Australia Building Permits (YoY): -15.7% (January) vs previous 0.4%

Australia Building Permits (MoM) came in at -15.7%, below expectations (5.5%) in January.Australia Building Permits (MoM) came in at -15.7%, below expectations (5.5%) in January

Australia Building Permits (MoM) below forecasts (5.5%) in January: Actual (-7.2%).Australia Building Permits (MoM) below forecasts (5.5%) in January: Actual (-7.2%)

Yen, euro under pressure as Middle East conflict stokes energy concerns.The yen and ​euro were broadly lower on Tuesday as the widening Middle East conflict focused attention on countries ‌dependent on energy imports and how central banks may respond to inflation pressures.

Reeves set for careful UK budget update as Iran conflict alarms investors.British finance minister Rachel Reeves is likely to stick closely to her promises to fix the public ​finances in a budget update speech on Tuesday that will be overshadowed by alarm among investors over the conflict in the Middle East.

Japan Unemployment Rate registered at 2.7% above expectations (2.6%) in January.Japan Unemployment Rate registered at 2.7% above expectations (2.6%) in January

Japan Jobs / Applicants Ratio registered at 1.18, below expectations (1.19) in January.Japan Jobs / Applicants Ratio registered at 1.18, below expectations (1.19) in January

Dollar Jumps as ISM Manufacturing Beat and Inflation Surge Push Back Fed Rate Cut Bets.The ISM Manufacturing PMI slipped just 0.2 points to 52.4 in February, but it still topped the 51.8 forecast and stayed firmly in expansion territory. That makes it two straight months above 50, and only the third time in the past 40 months that manufacturing has managed to hold that line.

USD/JPY, EUR/USD Outlook: Energy Edge Meets Labour Market Test.With oil and gas prices surging, a clear divergence has opened up between the energy haves and have nots. The premium for European energy supply has exploded.

Dollar reclaims safe-haven mantle as Iran strikes rattle nerves.The dollar's sharp rally following U.S. strikes on Iran is reassuring investors the currency still functions as a global safe-haven, with the greenback reclaiming its traditional crisis-era role as geopolitical tensions flare in ​the Middle East.

AUD/JPY Price Forecast: Surges toward YTD high near 112.00.AUD/JPY Price Forecast: Surges toward YTD high near 112.00

China: Managing Oil shock exposure – Societe Generale.China: Managing Oil shock exposure – Societe Generale

Trading Day: Oil, yields, uncertainty surge.Oil and gas prices clocked their biggest rise in years, while bonds and most stock markets fell on Monday, after the U.S.-Israeli attack on Iran over the weekend triggered waves of volatility across world markets. The big - and surprising - exception was Wall Street.

Natural Gas Price Forecast: Bulls Eye Wedge Breakout.Natural gas is forming a falling wedge pattern near key support, with a breakout above resistance needed to confirm a trend reversal and spark a broader recovery.

Argentina Tax Revenue (MoM): 16231.8B (February) vs previous 18337.6B.Argentina Tax Revenue (MoM): 16231.8B (February) vs previous 18337.6B

GBP/JPY Price Forecast: Bullish engulfing pattern puts 211.00 in play.GBP/JPY Price Forecast: Bullish engulfing pattern puts 211.00 in play

Swiss Franc surges to decade highs against the Euro before SNB threats cool CHF markets.Swiss Franc surges to decade highs against the Euro before SNB threats cool CHF markets

USD/JPY Rallies to Highs as USD Ascending Triangle Breaks.On Friday the US Dollar was testing support in the ascending triangle formation but for the past month and change the currency had held up fairly well as the USD/JPY rally came back to life. As I covered in the Friday article and video, I still think that USD/JPY is a primary push point for the DXY basket which then carries impact into EUR/USD, GBP/USD and other USD pairs, but with the weekend events in Iran both the US Dollar and USD/JPY broke out in a big way to start the week.

Global Markets Slide as Oil Shock Revives Inflation Fears.Global markets are sliding as oil prices surge more than 7% following escalating conflict in the Middle East and the closure of the Strait of Hormuz. Fiona Cincotta, Senior Market Analyst at FOREX.COM, explains how rising oil prices could reignite inflation pressures, push bond yields higher, and force central banks to reconsider rate cuts.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 6% As Trump Says Operation In Iran Could Last 4-5 Weeks.The military operation against Iran pushed oil prices towards new highs.