The US Dollar (USD) lost its firmness and is now on a two-day losing spree. The Greenback initially fell because investors were cautious over the Middle East war and Wednesday's Federal Reserve (Fed) monetary policy decision.
Gold price consolidates on Tuesday during the North American session around the $5,000 level, down 0.11% amid broad US Dollar weakness and falling US Treasury yields.
National Bank of Canada (NBC) analyst Matthieu Arseneau highlights that Canadian households saw net worth rise 5.8% in 2025, reaching a record high, as financial assets outpaced modest credit growth. The S&P/TSX delivered a 31.7% total return, aided by higher Gold prices.
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is flat against the Dollar (USD) but supported by elevated Oil prices and narrow yield spreads.
EUR/USD edges higher on Tuesday, extending gains for a second consecutive day as a softer US Dollar (USD) lends support to the Euro (EUR), with market focus gradually shifting from the ongoing US-Iran war to upcoming monetary policy announcements from the Federal Reserve (Fed) and the European Centr
TD Securities highlights that China’s economy started 2026 on a positive note, led by a rebound in fixed-asset investment driven by quasi-fiscal policy.
United States (US) President Donald Trump said that the US has been informed by most NATO allies that they don’t want to get involved with the military operation in Iran. He claimed that the US no longer needs or wants NATO countries' assistance in a Truth Social post on Tuesday.
United States Pending Home Sales (YoY) fell from previous -0.4% to -0.8% in February
TD Securities’ Senior Commodity Strategist Daniel Ghali warns Gold is increasingly exposed as US 2-year yields break their downtrend and the macro backdrop shifts.
United States Pending Home Sales (MoM) above expectations (-0.5%) in February: Actual (1.8%)
Deutsche Bank’s Global Head of FX Research George Saravelos notes that the Iran war has made markets highly correlated to energy, with higher Oil prices and weaker global growth now supporting the Dollar. Asia FX is seen as central to broad Dollar direction and is being hit hardest.
Societe Generale economists assess how the reformed German debt brake and approved 2025–2026 budgets will lift German fiscal spending and affect the Euro area.
