Royal Bank of Canada (RBC) economists Nathan Janzen and Claire Fan expect Canada’s Gross Domestic Product (GDP) to rebound in Q1 2026, projecting a 1.7% annualized expansion after a 0.6% contraction in Q4.
The US Dollar (USD) remains moderately bid against the Japanese Yen (JPY) on Friday, crawling up above 159.00, and nearing 160.00, allegedly the limit of tolerable JPY weakness for Tokyo.
Bank of Japan (BoJ) Governor Kazuo Ueda said after a meeting with Japan’s Prime Minister (PM) Sanae Takaichi that both the central bank and government will continue to coordinate closely. Ueda added, “The meeting was beneficial to all parties.”