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March 06, 2026

North American Summary and Highlights 6 Mar
Freemium Article

March 6, 2026 8:59 PM UTC

Overview - The USD opened firmer on Middle East worries, but lost momentum after weak US employment data. 

Preview: Due March 16 - U.S. February Industrial Production - Pause after a stronger January
Paying Article

March 6, 2026 6:47 PM UTC

We expect an unchanged February industrial production total to follow a strong 0.7% increase in January. For manufacturing we expect a 0.1% increase to follow a 0.6% rise in January. Despite the subdued February forecast, trend appears to be picking up.

U.S. Fed's Hammack - Base case is rates on hold for some time
Paying Article

March 6, 2026 6:42 PM UTC

Cleveland Fed President Hammack remains hawkish given inflationary concerns

U.S. Fed's Collins - No urgency to adjust policy
Paying Article

March 6, 2026 6:28 PM UTC

Fed's Collins looks unlikely to back easing until the second half of the year.

U.S. Fed's Miran - Expects to dissent if Fed holds in March
Paying Article

March 6, 2026 5:11 PM UTC

Fed's Miran favors easing in March, but does not seem to expect the Fed to do so. 

Chart USD/CAD Update: Lower in both USD- and CAD-driven trade
Freemium Article

March 6, 2026 4:57 PM UTC

Cautious trade has given way to a pullback in both USD- and CAD-driven trade

Preview: Due March 13 - U.S. Preliminary (Second) Estimate Q4 GDP - Marginally stronger on housing
Paying Article

March 6, 2026 4:45 PM UTC

We expect a marginal upward revision to Q4 GDP to 1.5% in the preliminary (second) estimate from 1.4% in the advance (first) release, led by an upward revision to housing investment to a 1.7% rise from a 1.5% decline.

FX Weekly Strategy: Asia, March 9nd-13th
Paying Article

March 6, 2026 4:00 PM UTC

U.S. February CPI A moderate gain
And other U.S. Data
UK GDP Getting Better?
Canada February Employment due for a rebound 

U.S. Fed's Goolsbee - Timing for easing keeps getting pushed back
Paying Article

March 6, 2026 3:49 PM UTC

Fed's Goolsbee remains wary of inflation risks despite the jobs disappointment.

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Preview: Due March 13 - U.S. January Personal Income and Spending - Core PCE Prices to outperform CPI
Paying Article

March 6, 2026 3:24 PM UTC

We expect January to see a strong core PCE price index increase of 0.4%, matching the rise seen in December. We expect personal income to increase by 0.6%, unusually outpacing personal spending, which we expect to rise by 0.4% for a third straight month.

U.S. Fed's Daly cautious, Waller dovish
Paying Article

March 6, 2026 2:57 PM UTC

Fed's Daly does not vote this year but would probably not ease as soon as March. Fed's Waller looks likely to vote for a March easing, but we expect that would be a dissenting vote.

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U.S. February Employment - Decline follows an above trend January, trend near flat
Freemium Article

March 6, 2026 2:24 PM UTC

February’s non-non-farm payroll with a 92k decline is well below expectations but needs to be seen alongside a 126k increase in January, and in the context of bad weather between the two surveys. Unemployment edged up to 4.4% from 4.3% though more positive are a 0.4% rise in average hourly earning

Chart AUD/USD Update: Under pressure
Paying Article

March 6, 2026 2:06 PM UTC

Consolidation within the 0.7000 - 0.7150 range is giving way to a test lower

Chart EUR/JPY Update: Lower in range - daily studies under pressure
Paying Article

March 6, 2026 1:59 PM UTC

Little change, as prices extend cautious trade within the 182.00 - 183.00 range

Chart USD/JPY Update: Immediate gains to remain limited
Paying Article

March 6, 2026 1:54 PM UTC

Little change, as prices extend consolidation just shy of resistance at the 158.00 break level

EUR/USD, USD/JPY flows: USD Down After Payrolls
Paying Article

March 6, 2026 1:38 PM UTC

USD lower after the data, but Iran war still helping USD sentiment.  

Chart USD/RUB Update: Extending late-January gains
Paying Article

March 6, 2026 1:11 PM UTC

Anticipated gains have reached resistance at 79.0000 and the 79.1300 Fibonacci retracement

Chart USD/ZAR Update: Poised to extend late-January gains
Paying Article

March 6, 2026 12:45 PM UTC

Cautious trade has given way to a break higher

Chart EUR/CAD Update: Under pressure
Paying Article

March 6, 2026 12:19 PM UTC

Cautious trade is giving way to anticipated losses

This week's five highlights
Freemium Article

March 6, 2026 12:00 PM UTC

Markets and the Iran War
U.S. February Employment Not as strong as January
This Week's Fed Speakers
China Aims 4.5-5.0% GDP Growth 
DXY Choppy in range

Chart EUR/CHF Update: Drifting lower
Paying Article

March 6, 2026 11:40 AM UTC

Little change, as prices edge lower following consolidation around 0.9050

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Sub Sahara Africa: Country Risk Ratings
Paying Article

March 6, 2026 11:00 AM UTC

We provide country risk reviews for Sub Sahara Africa countries including South Africa.

FX Daily Strategy: N America, March 6th
Paying Article

March 6, 2026 10:50 AM UTC

U.S. February Non-Farm Payrolls Not as strong as January
U.S. Retail Sales More to downside risk
Markets and the Iran War

Psychology for major markets Mar 6
Paying Article

March 6, 2026 9:42 AM UTC

Choppy Trading Continues

Chart USD/CHF Update: Consolidating - any pullback to remain limited
Paying Article

March 6, 2026 9:27 AM UTC

Still little change