Weekly Trading News: March 9–13, 2026

USD: CPI (YoY) (Feb)
March 11, 14:30 MT time

Market don’t expect major upsides for this release. As long as the Fed policy stays cautious but stable, inflation is anticipated to be softer or stay in line with the forecasts.

Previous figures were set at 2.4%. In the case of dovish surprise (inflation softer than expected), the market will expect the Fed to ease the rate sooner. Gold remains extremely sensitive both to the Fed’s policy expectations and to the dollar’s strength. XAUUSD may accelerate its upside and make a potential move toward $5,500–$5,550, with the near-term support remaining near the $5,350 zone.

The in-line figures will make gold supported by the macro uncertainty, but leave it waiting for further data. Finally, a high CPI would cause the gold’s sell-off. A pullback toward $5,240 might be expected, with the deeper support staying near the $5,180 area.

Affected instruments: EURUSD, GBPUSD. USDJPY, USDCAD, and other USD-pairs.

GBP: GDP (MoM) (Jan)
March 13, 09:00 MT time

The UK economy remains fragile, and the market expects modest GDP growth this time around.

The traders would interpret the stronger result as potential support for the sterling. GBPUSD might take an immediate upside attempt toward the 1.35000 –1.35400 area, and a break above 1.35600 could target the 1.36000 level.

The in-line GDP prints would bring GBPUSD a neutral reaction, plus range-bound trade behaviour. However, investors may price more rate cuts by the BoE if the GDP appears weaker-than-expected. The currency pair might drop toward 1.33700 then. A potential break below 1.33500 could open the way to the 1.33200 level.

Affected instruments: GBPUSD, EURGBP, GBPJPY, and other GBP-pairs.

USD: GDP (QoQ)
March 13, 14:30 MT time

The consensus Q3 forecast shows a moderate quarter-over-quarter growth. The balanced result would keep USD-pairs in range. For instance, EURUSD would trade sideways with the key levels marked at 1.17000 and 1.17700 (support and resistance, respectively).

For its part, stronger-than-expected US GDP would make the greenback firm and cause the EURUSD to pull back with the downside targets below 1.17000.

However, the poor numbers would make EURUSD rally, testing higher levels near 1.18000. And if a break clears out, an upside target of 1.18200 would be visible and reachable then.

Affected instruments: EURUSD, GBPUSD, USDJPY, USDCAD, and other USD-pairs.