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Japanese Yen struggles due to BoJ’s rate hike uncertainty
USD/JPY remains in the positive territory for the third successive day after registering over 0.5% gains on Thursday, currently trading around 159.60 during the Asian hours on Friday. However, the pair moves little due to thin trading activity amid the Good Friday holiday.
Fxstreet
Fri, Apr 3
China’s RatingDog Services PMI declines to 52.1 in March vs. 53.7 expected
China's Services Purchasing Managers' Index (PMI) eased to 52.1 in March from 56.7 in February, the latest data published by RatingDog showed on Friday. This figure came in weaker than the expectations of 53.7.
Fxstreet
Fri, Apr 3
Fed’s Goolsbee: Oil price rise is quite serious, everything depends on how long it lasts
Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday that he is concerned about the timing of rising oil prices, stating that they could hinder efforts to reduce inflation.Fxstreet
Thu, Apr 2
US President Donald Trump will impose 100% tariff on some patented drugs — Bloomberg
US President Donald Trump signed an executive order that could slap up to 100% on certain imported medicines from companies that don't reach deals with his administration in the coming months, Bloomberg reported on Thursday.Fxstreet
Thu, Apr 2
South Korea: Inflation pressures seen building – ING
ING’s Min Joo Kang notes that South Korea’s March consumer price inflation rose modestly, with government fuel caps and food vouchers limiting the impact of higher Oil costs. Core inflation eased slightly, but ING expects recent energy and currency moves to push prices higher in coming months.Fxstreet
Thu, Apr 2
INR: RBI tightens NDF access to shield rupee – DBS
DBS Group Research economist Radhika Rao discusses new Reserve Bank of India (RBI) measures aimed at defending the Indian Rupee (INR). The RBI has barred banks from offering rupee NDF contracts to residents and offshore users while keeping deliverable hedging channels open.Fxstreet
Thu, Apr 2
Canada: Trade deficit surge and 2026 outlook – RBC
Royal Bank of Canada (RBC) analysts note Canada’s trade deficit widened sharply in February to CAD 5.7 billion, far above expectations, as both exports and imports jumped. They highlight one-off Gold imports, stronger equipment and consumer goods demand, and surging motor vehicle exports.Fxstreet
Thu, Apr 2
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