Australia’s Q1 GDP rose 0.3%, missing forecasts, shifting RBA expectations toward rate cuts, pressuring AUD.
Japan warns of FX intervention as USD/JPY nears 160; rate gaps, crowded shorts heighten volatility risk.
Gold slips near $4,450 amid Iran deal doubts; markets await US jobs data, Fed signals, central-bank buying.
Sterling strengthens versus yen; GBP/JPY uptrend supported above 215.00, eyes 216.60 and 220.00 amid intervention risks.
Most MENA currencies saw net selling in May as rising US rates fueled carry unwind pressure.
NZD/USD hovers near 0.5930 as stronger US labor data boosts dollar, while NZ outlook and releases weigh.
USD/CNH edged higher but tone softened; bearish bias persists, targeting 6.7500, with 6.7800 key resistance.
EUR/USD steadied near 1.1630 as oil and geopolitics supported dollar; focus shifts to NFP, Fed, ECB.
OCBC cuts IDR forecasts despite BI’s 50bp hike, citing policy uncertainty, high oil, and strong yields.
API reports US crude stocks fell 6.75m barrels, beating forecasts, signaling tighter supply and boosting bullish summer outlook.
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