Collinson FX: March 25: Australia concludes EU trade deal
by Collinson FX 24 Mar 11:25 AEDT
13 March 2026
Masonic Cup - Wakatere Centennial Regatta - February 2026 © Richard Gladwell/Sail-World.com/nz
March 25 - Australia concludes EU trade deal
US markets surged in the previous session, following the announcement of US/Iran talks and the promise of a resolution.
Iran denied any such talks and promised military action would continue. This has unsettled markets and equities are mixed while bond yields squeeze higher and higher.
The US Dollar regained some ground, with the EUR retreating to 1.1560, while the GBP drifted to 1.3370. Oil prices pushed higher, and the crisis continues.
The EU travelled to Australia and completed a long-negotiated trade deal, allowing access to Australian commodities. The upheaval in global trade has resulted in the EU completing many global trade deals, previously impossible, as the world re-aligns.
The trade deal did little for the AUD, which tumbled to 0.6950, while the NZD looks to once again surrender 0.5800.
March 24 - Tensions ease: Markets breathed a collective sigh of relief overnight, following the news of a possible resolution to the Middle East crisis, announced by President Trump on his social media.
This was accompanied by a deferment of imminent strikes on Iranian energy infrastructure, giving some credence to the chaotic crises. Oil crashed from trading over US$100pb, to under US$90, offering the prospect of relief to many across the world. US equities surged on the news, although bond yields remain elevated.
The US Dollar was softer allowing the EUR to regain 1.1600, while the GBP jumped above 1.3400. Commodity currencies also celebrated the fall in the reserve, with the AUD pushing back above 0.7000, while the NZD spiked above 0.5850.
All eyes remain focused on developments from the Middle East.
March 23 - Energy Crisis deepens:
Military escalation in the Middle East has deepened the global energy crisis.
The US and Israel do not appear to be relenting, and kinetic escalation will only disrupt markets further. Oil and gas prices surged, particularly threatening those most exposed to a collapse in energy supplies, Europe and Asia. These continents do not have their own energy supplies so remain the most vulnerable.
The energy crisis will feed directly into inflation, and we see bond yields rising across Europe, threatening a far deeper recession. The US Dollar was steady to close out the week, with the EUR trading 1.1550, while the GBP holds above 1.3300.
Commodity currencies remain under pressure from the prospect of a global recession, with the NZD holding above 0.5800, while the AUD may struggle to hold 0.7000. This coming week will focus on the Middle East, energy prices and inflation.
For the latest and recent market commentaries from Collinson & Co see collinsonco.com/news-updates
Catch the new look Collinson FX website at www.collinsonco.com
Disclaimer: The details expressed in the Collinson FX website and accompanying documents or transmissions are for information purposes only and are not intended as a solicitation for funds or a recommendation to trade. Collinson Forex Ltd accepts no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the information contained or related to this site
Collinson Forex offers valuable insights and solutions to boat enthusiasts and industry professionals alike. They offer a range of tailored currency services, designed to support individuals and businesses involved in the marine sector, facilitating seamless international transactions and optimizing financial operations. Founded in 1994, Collinson Forex is a trusted financial partner within the marine community. collinsonco.com/business-forex
Collinson Crowdfunding provides innovative equity crowdfunding services, aiming to connect businesses looking to raise capital with investors who are looking for new opportunities. They do this by offering a website for companies to make share offers and support to streamline the offer process. For investors, Collinson Crowdfunding offers a simple way to invest in exciting businesses. collinsonco.com/crowdfunding