US dollar holds near six-week high as US data and Iran doubts lift demand.The US dollar held close to a six-week high on Friday as resilient US economic data and uncertainty over US-Iran talks kept demand for the greenback intact. The dollar index traded at 99.24, little changed on the day and just below Thursday's high of 99.515, the strongest level since April 7.

India central bank not in favour of rate hikes to defend rupee, prioritises inflation, sources say.India's central bank does not see interest rate hikes as the best way to ​defend the embattled rupee, three sources said, a position at odds with markets, reinforcing that inflation - not the currency - will ‌guide policy on borrowing costs.

AUD/JPY Price Forecast: Weakens to near 113.50, but broader uptrend remains intact.AUD/JPY Price Forecast: Weakens to near 113.50, but broader uptrend remains intact

investingLive Asia-Pacific FX news wrap: Asia markets climb. Japan CPI hits four-year low.Asian markets closed mostly higher on Friday in a session that lacked drama on the geopolitical front but delivered one of the more notable data points of the week, with Japan's core inflation falling to its slowest pace in four years and prompting fresh debate about the Bank of Japan's path ahead.

Swiss Franc flattens against US Dollar as investors await US-Iran deal announcement.Swiss Franc flattens against US Dollar as investors await US-Iran deal announcement

EUR/JPY Price Forecast: Tests confluence resistance zone near 185.00.EUR/JPY Price Forecast: Tests confluence resistance zone near 185.00

Rupee's RBI-spurred relief rally to fade on Asia FX weakness, hedging.The Indian rupee is poised to weaken at Friday's open, mirroring declines in Asian peers and showing little follow-through to ​the central bank's intervention-driven rally.

USD/JPY Rally Reclaims Most Losses, Trend Sentiment Improves.Looking at the 4-hour chart, the pair above the 50% Fib retracement level of the downward move from the 160.72 swing high to the 155.03 low. The pair settled above 158.80, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green, 4-hour).

Philippine central bank governor says it is considering off-cycle rate hike.The Philippine central bank could hike interest rates ahead of its scheduled ​policy meeting on June 18, its governor said on ‌Friday.

Australian Dollar edges lower below 0.7150 as weak jobs data curb RBA hike bets.Australian Dollar edges lower below 0.7150 as weak jobs data curb RBA hike bets

British Pound steadies above 1.3400 vs USD on mixed BoE cues, UK political and Iran risks.British Pound steadies above 1.3400 vs USD on mixed BoE cues, UK political and Iran risks

Euro struggles as rising hawkish Fed tone lifts USD.Euro struggles as rising hawkish Fed tone lifts USD

Asia open: Stock markets surge on US-Iran peace progress and soft Japan CPI.Global stock markets surged as optimism over a potential U.S.-Iran peace deal fueled a broad “risk-on” rally across equities. Meanwhile, Japan's softer April CPI data eased pressure on the Bank of Japan to tighten policy aggressively, weakening the yen and supporting regional equities.

Alberta to hold October referendum on whether to begin separation process from Canada.Alberta Premier Danielle Smith has confirmed a non-binding October referendum asking residents whether the province should begin the legal process toward a possible independence vote.

Japan Core Inflation Slows to Four-Year Low as Weak Price Momentum Challenges BoJ Hawks.Japan's underlying inflation slowed sharply in April, creating increasingly difficult conditions for the Bank of Japan to justify near-term rate hikes despite recent hawkish rhetoric from several policymakers.

Barkin, Goolsbee Signal Growing Fed Concern Over Persistent Inflation Risks.Federal Reserve officials Thomas Barkin and Austan Goolsbee signaled growing concern on Thursday that inflation pressures may prove more persistent than previously expected, reinforcing the broader market shift toward a higher-for-longer interest rate outlook. While neither policymaker explicitly endorsed another rate hike, both emphasized that inflation progress has stalled and that policymakers cannot assume recent supply-driven price shocks will fade smoothly on their own.

Canadian Dollar declines as oil prices ease on rising US-Iran peace hopes.Canadian Dollar declines as oil prices ease on rising US-Iran peace hopes

Dollar perched near six-week high on uncertainty over US-Iran deal.The dollar held near a six-week top on Friday, after a volatile ​overnight session on conflicting signals over a U.S.-Iran peace deal, though investors latched on to hopes of some progress.

New Zealand Dollar flat lines vs USD as bulls shrug off upbeat Retail Sales.New Zealand Dollar flat lines vs USD as bulls shrug off upbeat Retail Sales

Japanese Yen weakens on soft Japan CPI inflation data.Japanese Yen weakens on soft Japan CPI inflation data

WTI remains below $97.00 as US-Iran peace hopes rise.WTI remains below $97.00 as US-Iran peace hopes rise

Rupee moves up after 10 days on likely RBI intervention.The Indian rupee saw its steepest gains in two weeks, rebounding against the dollar after significant central bank interventions. Talk of potential interest rate hikes also bolstered the currency, making it the strongest Asian performer.

ASX 200 Outlook: Bulls Buy Dips as RBA Hike Bets Collapse.The ASX 200 enjoyed its best day in six weeks as weak Australian jobs data crushed June RBA hike expectations.

US President Donald Trump will swear in Kevin Warsh on Friday to lead Fed.US President Donald Trump will swear in Kevin Warsh on Friday to lead Fed

Japan National CPI ex Food, Energy (YoY) declined to 1.9% in April from previous 2.4%.Japan National CPI ex Food, Energy (YoY) declined to 1.9% in April from previous 2.4%

Pound Sterling holds up as the BoE talks hawkish into a slowdown.Pound Sterling holds up as the BoE talks hawkish into a slowdown

Euro holds the line as its own PMIs slide into contraction.Euro holds the line as its own PMIs slide into contraction

Britons hold their nerve but turn warier about big spending plans, GfK says.British consumers have turned a little less downbeat this month but are the least willing to make ​big purchases in almost a year and a ‌half, underscoring the fragile mood among households, according to a survey published on Friday.

United Kingdom GfK Consumer Confidence above forecasts (-28) in May: Actual (-23).United Kingdom GfK Consumer Confidence above forecasts (-28) in May: Actual (-23)

USD/JPY Price Forecast: Rangebound below 159.50 as RSI momentum fades.USD/JPY Price Forecast: Rangebound below 159.50 as RSI momentum fades