Japanese Yen Remains Weaker as Business Activity Shows Signs of Contraction

The Japanese Yen (JPY) continues to hold losses on Wednesday, remaining near its low of 161.75, a level not seen since 1986, recorded in the previous session.

FXStreet8minutes ago

Japanese Service Sector Faces First Decline Since August 2022 Amid Stagnant Demand, Rising Costs

The Japanese service sector saw a decline in June, the first since August 2022, as reported by the latest PMI data, according to an S&P Global report on Wednesday.

MT Newswires21:30 ET

Canadian Dollar Rebounds on Tuesday, Extends Choppy Trading Pattern

The Canadian Dollar (CAD) recovered ground on Tuesday after CAD traders shrugged off a slight misfire from Canadian Purchasing Managers Index (PMI) figures. Market sentiment is broadly picking up steam and carrying the Canadian Dollar into recovery mode.

FXStreet13:02 ET

Canada Insolvencies Climb 12.3% in May From Year Ago

Canadian insolvencies rose over 12% in May from a year ago, indicating households and businesses are struggling with higher interest rates.

WSJJul 2 10:57 ET

Canada July Rate Cut Remains A Strong Possibility -- Market Talk

0929 ET - Odds for a Bank of Canada rate cut in July took a hit after the May CPI report, which showed hotter-than-anticipated inflation.

WSJJul 2 09:29 ET

Japan's Economy Now Seen Shrinking in 2024 by Two Forecasters

Two economists flipped their forecasts for Japan’s economy to show a contraction in 2024 a day after first-quarter gross domestic product data were revised sharply lower, highlighting the Bank of Japan’s quandary as it weighs the case for a rate hike.

BNN BloombergJul 2 02:07 ET