India Gross Domestic Product Quarterly (YoY) above forecasts (7.2%) in 1Q: Actual (7.8%)

Jun 5, 2026

USD/JPY Price Forecast: Consolidates near 160.00 as US NFP takes centre stage

The USD/JPY pair trades in a tight range around 160.00 during the European trading session on Friday. The pair wobbles as investors await the United States (US) Nonfarm Payrolls (NFP) data for May, which will be published at 12:30 GMT.

India’s Q1 Gross Domestic Product expands beyond expectations: What it means for Indian Rupee

India’s Q1 Gross Domestic Product (GDP) data rises at a steady pace of 7.8% Year-on-Year (YoY), faster than estimates of 7.2%.