GBP/USD slid to 1.3531 as Hormuz tensions and higher oil boosted the dollar; markets await US data.
AUD/USD hovers near 0.7190 pre-RBA decision; expected 25bp hike, fragile risk sentiment, key levels monitored.
USD/JPY near 157 after dip; intervention chatter grows as Japan signals readiness amid dollar-supporting risks.
India’s March IIP grew 4.1%, core sector contracted; manufacturing rose, while disruptions may hit MSMEs later.
TD Securities expects Fed holds until September; Iran conflict, energy inflation, FOMC divisions may delay cuts.
Unconfirmed intervention lifted yen, but durability depends on Iran war, energy risks, and Bank of Japan policy.
Oil prices swing on Hormuz attacks, US escorts, and OPEC+ plans to raise June 2026 output.
Societe Generale warns rising political risk as Starmer faces elections, leadership challenge rumors, reshuffle speculation, no successor.
USD/CAD climbed to 1.3617 as Hormuz tensions boosted the dollar; oil rose, jobs reports awaited Friday.
BNP Paribas forecasts UK growth slowing in 2026, inflation rising, tighter policy, elevated gilts, steady yen/sterling.
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