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Daily Market Update by Monex USA – March 9th, 2026

Market Pulse by Monex USA
Market Pulse by Monex USA
Daily Market Update by Monex USA - March 9th, 2026
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Oil prices surge above one hundred dollars a barrel amid escalating tensions in the Middle East and supply cuts from major Gulf producers following disruptions in the Strait of Hormuz. While higher oil prices are supporting the Dollar due to the United States’ position as the world’s largest oil producer, policymakers in the Group of Seven are considering releasing petroleum reserves to prevent an inflation shock.

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Currency Corner

JP Carriedo, CEO of Monex International

Currency Corner

JP Carriedo, CEO of Monex International

JP has almost 30 years of experience in the financial sector, specializing in international payments and foreign currency exchange. His wealth of experience and excellent leadership bring Monex to new heights! Learn more about JP in our currency corner

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