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  • Reuters

    Dollar sinks to one-month low amid easing Fed rate hike bets

    The U.S. dollar sank to a one-month low versus major peers on Friday as traders lowered Federal Reserve rate hike expectations amid signs the central bank might slow or even pause its tightening cycle in the second half of the year. The risk-sensitive Australian dollar rallied 0.51% to $0.7136, while the New Zealand dollar jumped 0.49% to $0.6510. It reached a nearly two-decade peak above 105 mid-month, but retreated amid signs that Fed tightening may already be slowing economic growth.

  • Reuters

    India Q1 GDP growth likely slowed for the third consecutive quarter - Reuters poll

    India's economic recovery from the COVID-19 pandemic likely stumbled again in the first quarter of this year primarily due to Omicron-related restrictions and higher inflation, a Reuters poll showed. "While the movement restrictions were short-lived, other headwinds from global supply shortages and higher input costs also impeded the pace of expansion," he said.

  • MarketWatch

    Japan opening to travelers in June — but only packaged tours, for now

    Beginning June 10, Japan will allow the entry of people on tours with fixed schedules and guides, Prime Minister Fumio Kishida said.