IEA warns historic energy security threat as Iran conflict disrupts Hormuz, cutting flows, spiking spreads, risking shortages.
Euro hits 1.1680 as weak eurozone PMIs and Iran tensions boost dollar; support 1.1643, resistance 1.1720.
GBP/USD steadied near 1.3500 as upbeat UK PMI data lifted the pair, despite bearish technical signals.
Mexico’s core inflation rose 0.18% in early April, slightly below forecasts, signaling easing price pressures.
USD/CAD held near 1.3670, steady pre-US PMI; oil-supported CAD offset by firm Dollar, Fed outlook.
S&P Global flash US Composite PMI rose to 52 in April, signaling stronger manufacturing and services growth.
Higher oil and bond yields bolster dollar; Hormuz tensions ease; DXY expected to range 96-100.
Japan says it can stealthily intervene in yen markets, watches Middle East, downplays stagflation fears.
TD Securities sees March UK retail sales up 0.1%, modestly supported by online sales amid uncertainty.
USD/JPY climbed to 159.75, boosted by stronger dollar, higher oil, reduced Fed cuts, awaiting BOJ decision.
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