Russia S&P Global Manufacturing PMI: 48.1 (April) vs previous 48.3.Russia S&P Global Manufacturing PMI: 48.1 (April) vs previous 48.3

Pound Sterling advances on BoE hawkish hold while Hormuz tensions cap gains.Pound Sterling advances on BoE hawkish hold while Hormuz tensions cap gains

EUR/JPY Price Forecast: Trades near 184.00 after trimming latest losses.EUR/JPY Price Forecast: Trades near 184.00 after trimming latest losses

USD/JPY forecast: Japanese yen outlook after the $35 billion BoJ intervention.The Japanese yen was largely unchanged on Monday morning as investors reacted to last week's intervention by the Bank of Japan (BoJ). The USD/JPY exchange rate was trading at 158 on Monday, down from last week's high of 160.

Why Strong NFP May Not Save the Dollar This Week.Dollar is starting the week on a soft footing, and even a strong US non-farm payroll report this week may not be enough to reverse that trend. Markets are increasingly positioned around a counterintuitive dynamic where solid economic data supports risk appetite rather than the greenback, limiting the traditional upside response.

Rupee falls to 94.86 per USD as modest inflows, oil prices retreat.The Indian Rupee traded within a tight band today. Modest dollar inflows and falling oil prices provided support.

India HSBC Manufacturing PMI came in at 54.7, below expectations (55.9) in April.India HSBC Manufacturing PMI came in at 54.7, below expectations (55.9) in April

AUD/JPY Price Forecast: Weakens below 113.00, while broader uptrend remains intact.AUD/JPY Price Forecast: Weakens below 113.00, while broader uptrend remains intact

UKMTO says US has established some security to to support transit along Strait of Hormuz.This ties back to the earlier headlines that the US is making some inroads to help guide ships out of the Strait of Hormuz. The UKMTO has confirmed that but reaffirms that security level in the Strait of Hormuz remains critical at this stage.

Indonesia Trade Balance increased to $3.32B in March from previous $1.28B.Indonesia Trade Balance increased to $3.32B in March from previous $1.28B

Indonesia Imports fell from previous 10.85% to 1.51% in March.Indonesia Imports fell from previous 10.85% to 1.51% in March

Yen suddenly jumps, markets on alert for intervention.The yen suddenly jumped against the dollar in Asia ​trade on Monday, with traders on alert ‌for another bout of intervention after Tokyo likely stepped into the market to shore up the ​Japanese currency last week.

USD/JPY Falls Quickly on Rumored Intervention as WTI Rises Again.After breaking above 160, USD/JPY fell sharply as Japanese officials warned that intervention could be near. Market rumors also suggested that authorities had been calling banks to check market conditions before possible yen-buying action.

Indonesia Core Inflation (YoY) declined to 2.44% in April from previous 2.52%.Indonesia Core Inflation (YoY) declined to 2.44% in April from previous 2.52%

Indonesia Inflation (MoM) fell from previous 0.41% to 0.13% in April.Indonesia Inflation (MoM) fell from previous 0.41% to 0.13% in April

investingLive Asia-Pacific FX news wrap: Trump plan to get ships through Strait of Hormuz.Thin liquidity defined the Asia-Pacific session on Monday with Japan and mainland China both out for public holidays. USD/JPY saw some early volatility before the pair spent the remainder of the session drifting modestly higher.

Rupee to find brief support on softer oil, outlook remains bearish.The Indian rupee is expected to inch higher at the open on Monday, supported by a pullback in oil prices ​after the U.S. said it would begin efforts to free ships ‌stranded in the Strait of Hormuz, while traders watch for updates on U.S.–Iran negotiations.

US Dollar Index flat lines above 98.00 amid Hormuz tensions.US Dollar Index flat lines above 98.00 amid Hormuz tensions

Fed's Kashkari, Hammack and Logan Reject Easing Bias, Say Next Move Could Be Hike or Cut.Federal Reserve dissenters pushed back forcefully against the central bank's perceived easing bias, signaling growing uncertainty over the policy path just days after the April 29 meeting. Minneapolis Fed President Neel Kashkari said current guidance is widely interpreted as pointing to a rate cut, but argued the Fed should instead make clear that “the next rate change could be either a cut or a hike, depending on how the economy evolves.

Canadian Dollar remains subdued amid lower oil prices.Canadian Dollar remains subdued amid lower oil prices

RBNZ's Gai: Nothing suggests an automatic tightening bias.RBNZ's Gai: Nothing suggests an automatic tightening bias

Pound Sterling edges higher despite Middle East uncertainty.Pound Sterling edges higher despite Middle East uncertainty

WTI recovers above mid-$98.00s after gap lower as Hormuz risks offset OPEC+ output hike.WTI recovers above mid-$98.00s after gap lower as Hormuz risks offset OPEC+ output hike

Indian rupee, bonds set to sway to oil prices as US-Iran stalemate drags.The Indian rupee and government bonds face fresh pressure this week as stalled efforts to resolve the U.S.-Iran conflict keep oil prices elevated and strain capital flows into the energy-importing nation.

Australia Monthly Inflation Gauge showed "Monthly inflation rose again in April".The y/y was steady at 4.3% in April from 4.3% in March. Still rising inflation in Australia, just a littel more lsowly according to the m/m figures.

Australia TD-MI Inflation Gauge (YoY) unchanged at 4.3% in April.Australia TD-MI Inflation Gauge (YoY) unchanged at 4.3% in April

USD/JPY consolidates near 157.00 as Iran tensions counter suspected JPY intervention.USD/JPY consolidates near 157.00 as Iran tensions counter suspected JPY intervention

Australia TD-MI Inflation Gauge (MoM) fell from previous 1.3% to 0.6% in April.Australia TD-MI Inflation Gauge (MoM) fell from previous 1.3% to 0.6% in April

Yen steady as intervention fears linger with Japan shut for holidays.The yen stabilised at the start of trading in Asia, strengthening slightly after a few choppy sessions following suspected intervention by authorities to strengthen the currency last ​week.

South Korea S&P Global Manufacturing PMI: 53.6 (April) vs 52.6.South Korea S&P Global Manufacturing PMI: 53.6 (April) vs 52.6