AUD/USD dips near 0.7205 as Trump-Xi talks loom; Iran and Taiwan tensions, hotter US inflation pressure Aussie.
Japan’s Finance Minister Katayama will attend G7 in France, monitoring energy costs, reserves, and rising bond yields.
PBOC set USD/CNY central rate at 6.8415, slightly above prior fix, diverging from Reuters estimate.
Greer says US will manage China ties, address rare earths; tariffs persist, chips sidelined, Hormuz crucial.
EUR/USD dips to 1.1660 as stronger US inflation boosts dollar, lifts Fed rate-hike odds.
Japan’s producer price index rose 4.9% in April, beating forecasts by 1.9 percentage points year-on-year.
Japan’s Producer Price Index jumped 2.3% in April, beating the 0.7% forecast and March levels.
USD/JPY climbs above 158.00, clears 20-day SMA; eyes 158.75 and 159-160 intervention zone, momentum strengthens.
NZD/USD slipped 0.4% near lows; markets await NZ, China data and US signals, price above key EMAs.
AUD/USD slips 0.5% from four-year highs as markets await RBA minutes, China data, and key US releases.
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