USD/CHF rises fifth day near 0.7850 as firmer dollar, Fed shift, Swiss deflation pressure Franc.
China urges reopening Hormuz Strait and lasting ceasefire; says it benefits U.S., Iran, region; WTI steady.
Trump says Xi could influence Iran, offers negotiation help, keeping Strait of Hormuz open. He warns patience.
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.
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