EUR/USD rebounds in Asia as dollar softens; jobs data, Iran deal hopes and key upcoming US data.
Australia’s March trade balance flipped to $1.84B deficit as exports fell and imports surged, pressuring AUD/USD.
Australia’s March trade balance unexpectedly swung to a A$1.841B deficit, missing forecasts for a A$4.25B surplus.
Australia’s exports fell 2.7% in March, reversing February’s 4.9% gain, signaling a month-on-month decline.
Australia’s imports jumped 14.1% in March after a 3.2% decline in February, signaling a sharp rebound.
Australia’s March trade surplus hit 1,841 million, missing forecasts of 4,250 million by 2,409 million.
PBoC set Thursday’s USD/CNY fixing at 6.8487, stressing exchange-rate stability, growth support, and policy tools.
Japan’s top FX official Mimura will monitor yen moves, stays silent on intervention; BoJ policy shift.
USD/JPY held near mid-156s as yen intervention fears, BoJ outlook, and US-Iran headlines pressured dollar.
WTI slips near $93.25 as US-Iran deal hopes ease Hormuz fears; US inventories fall again, Goldman notes.
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