Iran proposed ending war, responding to US amendments via Pakistan; dollar fell, futures mixed after headline.
Kashkari dissented, urging Fed highlight Hormuz risks: price shocks could raise expectations, forcing hikes or holding rates.
BoE economist Huw Pill backs tighter conditions, urges rate flexibility, warns disinflation may stall amid Iran-war inflation risks.
April US ISM Manufacturing PMI expected 53.0; markets watch prices, jobs, Fed rate outlook and EUR/USD levels.
GBP/JPY rebounded above 213.00 after sharp suspected Japan intervention-driven drop; BoE held rates amid yen volatility.
Yen erased early gains as USD/JPY rebounded amid intervention speculation; focus shifts to US ISM data.
India’s bank loan growth held steady at 15% year-on-year in April 2020, matching the previous reading.
India’s foreign exchange reserves fell to $698.49 billion on April 20, from $703.31 billion previously.
ECB’s Makhlouf to watch energy-driven cost-push inflation, wage second-round effects, and expectations as euro barely reacts.
EUR/USD climbed to 1.1742 as dollar slid amid intervention fears; Euro inflation, ECB signals, and oil remained key.
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