---
title: Daily Market View 13-03-2026
description: Missile strikes on Omani oil terminal spike Brent prices and rally the Dollar, casting doubt on a quick end to the war. Markets react with caution.
---

[FX News | Caxton Daily Market View ](https://caxton.io/fx-news)

# [Daily Market View 13-03-2026](https://caxton.io/fx-news/daily-market-view-13-03-2026)

 Written by [David Stritch](https://caxton.io/fx-news/author/david-stritch) | Mar 13, 2026 9:27:27 AM

## Dollar at strongest for 4 months as Oil shoots up further

 

**USD - **

Despite a pretty soft raft of economic data yesterday, the Dollar pushes every upwards, following Brent Crude as the war drags on. The longer the Strait remains blocked the higher Oil goes, to the extent that $125 per barrel does not seem so remote anymore. 

  

Naturally, this would be devastating for the world economy, but it is good news for the Dollar now at least, as it functions more and more like a Petro currency. The Pound is trading at its cheapest against the Dollar since November, whilst the Euro is trading even cheaper, down to an August low.

 

Markets Today

*Please be aware the below rates represent the market rate at 8:00 AM, contact your Caxton dealer or check online for a live quote.

## Today's Economic Calendar

**Major Economic Releases (All times in GMT)**

 No major releases

 

 

 

[View full post](https://caxton.io/fx-news/daily-market-view-13-03-2026)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "David Stritch"
  },
  "dateModified" : "2026-03-13T09:27:27.164Z",
  "datePublished" : "2026-03-13T09:27:27Z",
  "headline" : "Daily Market View 13-03-2026",
  "image" : {
    "@type" : "ImageObject",
    "height" : 627,
    "url" : "https://26106578.fs1.hubspotusercontent-eu1.net/hubfs/26106578/A%20-%20Caxton%20Website%20Images/DAILYMARKETVIEW13Mar26.png",
    "width" : 1200
  },
  "mainEntityOfPage" : "https://caxton.io/fx-news/daily-market-view-13-03-2026",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60.0,
      "url" : "https://resources.caxton.io/hubfs/Hero_Currency_Outlook_O_David__Red_Backround_1000x800.png",
      "width" : 75.0
    },
    "name" : "FX News | Caxton Daily Market View"
  }
}
```