Japan’s top FX official Mimura will monitor yen moves, stays silent on intervention; BoJ policy shift.
USD/JPY held near mid-156s as yen intervention fears, BoJ outlook, and US-Iran headlines pressured dollar.
WTI slips near $93.25 as US-Iran deal hopes ease Hormuz fears; US inventories fall again, Goldman notes.
BoJ minutes show split views; many back 0.75% amid oil risks, urging gradual hikes or faster.
Japan’s monetary base fell 11.3% year-on-year in April, missing forecasts for a 10.5% decline.
Iran weighs US peace proposal; Strait of Hormuz reopening and port blockade easing discussed, with nuclear talks pending.
RBNZ Governor Breman expects slightly higher near-term inflation, slower growth, flat house prices, resilient banks; NZD rises.
Gold hits one-week high near $4,700 as US-Iran peace hopes ease inflation; markets await US jobs report.
GBP/USD gained 0.4% to 1.3595 as UK PMIs beat forecasts; geopolitics and US jobs data awaited.
AUD/USD hits four-year highs as US Dollar weakens; risk-on mood shifts focus to upcoming trade and NFP data.
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