First-quarter annualized GDP contraction of 0.1% undershot expectations for 1.5% growth, signaling weaker economic momentum. Canada’s economy posted an annualized 0.1% decline in the first quarter of 2026, falling short of the 1.5% growth forecast. The quarterly reading wa
First-quarter annualized GDP contraction of 0.1% undershot expectations for 1.5% growth, signaling weaker economic momentum. Canada’s economy posted an annualized 0.1% decline in the first quarter of 2026, falling short of the 1.5% growth forecast. The quarterly reading wa
Tokyo deployed record currency reserves to curb speculative yen moves amid persistent US-Iran tensions and inflation worries. Japan spent ¥11.7 trillion on foreign exchange interventions over the past month, its largest effort to stabilize the yen. Officials cited extreme
Tokyo deployed record currency reserves to curb speculative yen moves amid persistent US-Iran tensions and inflation worries. Japan spent ¥11.7 trillion on foreign exchange interventions over the past month, its largest effort to stabilize the yen. Officials cited extreme
The Reserve Bank of New Zealand hints at earlier and larger rate increases, pushing the NZD/USD pair up 2% this week. The NZD/USD pair rose 0.55% to 0.5967 in European trading on Friday, extending its weekly gain to 2%. The move follows RBNZ Governor Anna Breman’s remarks
The Reserve Bank of New Zealand hints at earlier and larger rate increases, pushing the NZD/USD pair up 2% this week. The NZD/USD pair rose 0.55% to 0.5967 in European trading on Friday, extending its weekly gain to 2%. The move follows RBNZ Governor Anna Breman’s remarks
Investors await Germany’s May HICP figures to gauge potential ECB rate hike timing amid mixed Eurozone economic signals. The Euro remains under pressure against the US Dollar, trading below 1.1660 as markets digest mixed Eurozone data and await key German inflation figures
Investors await Germany’s May HICP figures to gauge potential ECB rate hike timing amid mixed Eurozone economic signals. The Euro remains under pressure against the US Dollar, trading below 1.1660 as markets digest mixed Eurozone data and await key German inflation figures
Investors await Germany’s May HICP figures to gauge potential ECB rate hike timing amid mixed Eurozone economic signals. The Euro remains under pressure against the US Dollar, trading below 1.1660 as markets digest mixed Eurozone data and await key German inflation figures
The currency pair settled at 1.1640 after recent volatility, driven by reports of US-Iran diplomatic progress. EUR/USD closed at 1.1640 on Friday, recovering from earlier volatility as pressure on the US dollar eased. The move followed reports of preliminary agreements bet
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