Norwegian krone rallies on stronger inflation and oil, but remains vulnerable to pullback if data disappoints.
U.S. GDP has outpaced Canada since 2022, driven by stronger consumption, exports, investment and momentum.
NZD/USD climbed to 0.5920 as a softer US Dollar offset Middle East tensions and mixed US data.
Fed Governor Miran says Iran conflict impact unclear; oil-to-core inflation link limited; supports 1pp cuts this year.
Deutsche Bank warns UK inflation uncertainty rising as oil and gas surge, risking slower disinflation and delaying rate cuts.
USD/CHF slipped near 0.7800 as dollar eased; Swiss CPI beat forecasts, reinforcing SNB’s accommodative stance.
Canada’s labour productivity slipped 0.1% in Q4, matching forecasts, as output per hour worked edged down.
ADP: US private jobs +63,000 in February; pay up 4.5%, dollar dips, Middle East tensions lift oil.
US ADP private payrolls increased 63,000 in February, beating forecasts of 50,000, signalling stronger labour market.
Dollar jumps on “Epic Fury” energy shock; MUFG sees DXY testing 96–100 as Fed cuts fade.
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