Canadian Dollar strengthens as risk-on mood weighs on US Dollar

USD/CAD loses ground for the fourth successive day, trading around 1.3730 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) continues to lose ground on improved market sentiment, driven by expectations of a potential de-escalation in the Middle East conflict.

China’s economy expands 1.3% QoQ in Q1 2026 as expected

China’s economy expanded 1.3% QoQ in the first quarter (Q1) of 2026, compared to a 1.2% growth in Q4 of 2025, the official data published by the National Bureau of Statistics (NBS) showed on Thursday. The figure came in line with the market consensus.

GDP