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Indian Rupee advances on improved market sentiment
USD/INR extends losses for the second successive day, trading around 95.00 during the Asian hours on Wednesday. Traders will likely observe India’s HSBC Composite and Services Purchasing Managers' Index (PMI) data to be released later in the day.Fxstreet
Wed, May 6
US President Donald Trump: Project Freedom Paused Amid Progress Toward Iran Agreement
US President Donald Trump said that the US military will temporarily pause "Project Freedom" to restore freedom of navigation for commercial shipping through the Strait of Hormuz, the Guardian reported on Tuesday.
Fxstreet
Wed, May 6
New Zealand’s Unemployment Rate falls to 5.3% in Q1 vs. 5.4% expected
New Zealand’s Unemployment Rate fell to 5.3% in the first quarter (Q1) of 2026 from 5.4% in the fourth quarter of 2025, according to the official data released by Statistics New Zealand on Wednesday. The figure came in below the market consensus of 5.4%.Fxstreet
Tue, May 5
Indonesia: Growth outlook steady with fiscal constraints – UOB
UOB economists Enrico Tanuwidjaja and Vincentius Ming Shen highlight that Indonesia’s 1Q26 Gross Domestic Product (GDP) beat expectations at 5.61% year-on-year, driven by government spending, household consumption and investment.Fxstreet
Tue, May 5
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