德意志银行全球外汇研究主管乔治·萨拉维洛斯（George Saravelos）指出，伊朗战争使市场与能源高度相关，较高的油价和疲软的全球经济增长现在支撑了美元。亚洲外汇被视为美元整体走势的核心，受到的冲击最为严重

法国兴业银行经济学家评估了改革后的德国债务刹车和批准的2025-2026年预算将如何提升德国财政支出并影响欧元区。他们预测德国预算赤字将扩大，德国经济增长将适度提升，对欧元区GDP产生显著溢出效应，并主要面临上行的通胀风险。

黄金（黄金/美元）周二在窄幅区间内交易，交易者保持谨慎，避免在主要央行即将公布货币政策的繁忙周前下大额方向性赌注。发稿时，黄金/美元交投于5020美元附近，徘徊在一个月低点附近，而美元走软和国债收益率回落则有助于缓解下行压力。

荷兰合作银行高级外汇策略师简·福利（Jane Foley）讨论了即将召开的G10央行会议及潜在的日本央行（BoJ）政策变化对日元（JPY）动态的影响。福利指出，行长植田的鹰派语气，以及尽管能源成本上升，市场对日本央行收紧政策的预期依然存在。荷兰合作银行最近上调了其美元/日元（USD/JPY）预测，预计该货币对在一个月内将维持在当前水平，并认为干预的担忧将限制未来几周对160水平的测试。

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.

Gold (XAU/USD) trades in a tight range on Tuesday as traders remain cautious and avoid large directional bets ahead of a heavy week of monetary policy announcements from major central banks.

Rabobank’s Senior FX Strategist Jane Foley discusses Japanese Yen (JPY) dynamics around upcoming G10 central bank meetings and potential Bank of Japan policy shifts. Foley notes Governor Ueda’s hawkish tone, ongoing BoJ tightening expectations despite higher energy costs.