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Statistics Canada will release its Labour Force Survey on Friday, and market participants expect a modest uptick in job creation in February, with the Employment Change foreseen at 10K following the -24.8K in the previous month.

Deutsche Bank’s Chief UK Economist Sanjay Raja notes that January 2026 UK GDP showed no growth, disappointing expectations for a strong rebound after late-2025 weakness.

Commerzbank’s FX & Commodity Analyst Volkmar Baur highlights that new US Section 301 investigations are designed to replace recently invalidated Section 122 tariffs and avoid their July expiry.

MUFG’s Head of Research Derek Halpenny argues the Australian Dollar has benefited from expectations of further RBA tightening and a positive terms-of-trade impulse from higher energy prices.

USD/INR has recovered its daily losses and is trading near an all-time high of 92.90 in the previous session.

National Bank of Canada’s (NBC) Jocelyn Paquet argues that despite the Middle East conflict and higher Oil prices, the U.S. economy should maintain solid growth, with GDP seen at 2.5% in 2026 and 2.1% in 2027.

Danske Research Team points out that the US goods trade deficit shrank in January as exports recovered, but it remains above last autumn’s lows.

The EUR/GBP cross holds positive ground near 0.8630 during the early European session on Friday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the release of UK economic data. The Eurozone Industrial Production report for January will be published later on Friday. 

The USD/CAD pair gains some follow-through positive traction for the third straight day and touches a fresh weekly top, above mid-1.3600s during the early European session on Friday.

Here is what you need to know on Friday, March 13: