If you ever needed proof that forex trading is never just about one thing, this was the week. Between a war in the Middle East keeping oil markets on edge, six major central banks dropping policy decisions within days of each other, and a triple-witching Friday throwing a wrench into the mix — the currency market had a lot to digest from March 16 to 20.
The throughline? Geopolitics and central bank tone were in a constant tug-of-war, and the currencies that came out on top were the ones with the clearest policy story to tell. The ones caught in the middle? Let’s just say it was a long week.
Whether you’re still learning what “hawkish hold” means or you’re starting to piece together how oil prices connect to the Canadian dollar, this recap breaks it all down — session by session, currency by currency.
