Sydney, Australia, March 02, 2026 (GLOBE NEWSWIRE) — The global retail trading industry is entering a more deliberate and regulated phase, marked by stronger oversight, greater operational transparency, and rising expectations from traders. Against this backdrop, SpecFX has officially rebranded as Spec Markets, signaling an expanded offering and a strategic shift toward long-term infrastructure, compliance,…
On Monday this week (March 2), influenced by the escalation of the situation in the Middle East, the US dollar opened stronger, with intraday gains expanding at one point. As of now, the increase has narrowed to approximately 0.5%. Compared to the market risk aversion sentiment triggered by the tensions in the Strait of Hormuz,…
Following a record month of January to start off the year, things cooled somewhat during February 2026 in the institutional FX trading market. Each of FXSpotStream, Cboe FX, EuronextFX and Deutsche Borse’s 360T saw month-over-month trading volume declines of between 1% and 11% during February, as January’s wild currency market volatility gave way to more…
US ISM Manufacturing PMI edged down from 52.6 in January to 52.4 in February, but the reading remained comfortably above expectations of 51.9 and firmly in expansion territory. The data point to continued resilience in the factory sector, with activity still consistent with moderate economic growth. The most striking development was the sharp surge in…
On Sunday, the OPEC+ “V8” coalition took a proactive stance by accelerating production hikes to 206,000 bpd starting in April. This move—surpassing the 137,000 bpd initially anticipated—serves as a strategic pivot to buffer a market shaken by the sudden U.S./Israeli strikes on Iran. While the alliance officially points to “market fundamentals,” the timing is clearly…
Silver edged higher as markets reacted to escalating tensions in Middle East, with US-Israel-Iran conflict driving aggressive safe-haven flows. Prices surged to an intraday high above 96 before easing slightly as traders locked in partial profits. Despite intraday consolidation, underlying bid remains intact as war premium continues to underpin precious metals. For now, further gains…
Daily Pivots: (S1) 1.6567; (P) 1.6604; (R1) 1.6647; More… Further decline is expected in EUR/AUD with 1.6830 resistance intact, despite some loss of downside momentum. Current fall should continue to 138.2% projection of 1.8554 to 1.7245 from 1.8160 at 1.6351. However, firm break of 1.6830 resistance will confirm short term bottoming, on bullish convergence condition…
Markets opened the week with a clear but measured risk-off tone following dramatic escalation in Middle East tensions over the weekend. While safe-haven flows were evident in Asia, price action so far remains contained rather than disorderly. Investors are reacting, but not capitulating. Equity markets in the region reflected caution rather than panic. Japanese and…
Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 21 paise to 91.29 against the U.S. dollar on Monday (March 2, 2026), amid higher crude oil prices, a strong American currency and intense global volatility due to the escalated West Asia tension. Negative equity market sentiment and massive withdrawal of…
Key Highlights EUR/USD started another decline and traded below 1.1840. A key bearish trend line is forming with resistance at 1.1800 on the 4-hour chart. GBP/USD extended losses and traded below 1.3460. Crude Oil prices jumped above $74.50 before trimming some gains. EUR/USD Technical Analysis The Euro failed to stay above 1.1900 and declined against…