The Yen's Line in the Sand: Why USD/JPY at 160 Has Tokyo on Edge.The Japanese yen has been weakening for months, and it's now approaching a price level with a loaded history.

investingLive Asia-Pacific FX news wrap: Trump pauses Iran energy strikes for 10 days.After U.S. regular trading hours, and notably just 11 minutes after the S&P 500 closed for its worst session since the conflict began, U.S. President Donald Trump announced a temporary pause on planned strikes targeting Iran's energy infrastructure. The delay extends the deadline by 10 days to April 6 at 8 p.m.

US Dollar Index stays below 100.00 as Trump pause hits safe haven.US Dollar Index stays below 100.00 as Trump pause hits safe haven

Rupee hits record low past 94/USD as prospect of prolonged Iran war deepens energy risks.The Indian rupee hit a record low past the 94-per-dollar ​mark on Friday, hammered by ‌worries that the energy supply crisis sparked by the Middle East war will drag on, deepening the pressure on ​energy importing economies.

USD/JPY Advances, Bulls Aim for Break Toward New Highs.Looking at the 4-hour chart, the pair settled well above 158.80, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green, 4-hour). The pair cleared the 76.4% Fib retracement level of the downward move from the 159.65 swing high to the 158.01 low.

Stagflation Trap Could Tie RBA's Hawkish Hand, and Send AUD/JPY to 103.AUD/JPY's selloff is accelerating as renewed risk aversion combines with a growing “stagflation trap” that is undermining the Reserve Bank of Australia's hawkish outlook. While markets still price around a 72% chance of a May rate hike, surging energy and fertilizer costs are increasingly seen as a drag on growth rather than a simple inflation boost.

Rupee headed for new low past 94 on fears Iran war may drag on.The Indian rupee is set to weaken past 94 per dollar, pressured by risk aversion, rising U.S. Treasury yields and Brent ​crude holding past $100 a barrel on concerns the war in Iran ‌will drag on.

China industrial profits jump 15.2% as war risks threaten outlook.China's industrial sector has started the year on a stronger footing, with profits rising sharply in the first two months, signalling that policy support and improving demand are feeding through into corporate earnings. However, this recovery is unfolding against an increasingly uncertain global backdrop, as geopolitical tensions tied to the Middle East conflict threaten to disrupt growth and raise cost pressures.

Canadian Dollar gains as US Dollar weakens on easing risk aversion.Canadian Dollar gains as US Dollar weakens on easing risk aversion

Reserve Bank of India to hold interest rates until at least mid-2027.The Reserve Bank of India will hold its key interest rate unchanged at 5.25% on April 8 and at least until mid-2027, ​a Reuters poll of economists showed, as benign price pressures give it ‌space to assess the impact from the Middle East conflict.

WTI slips below $92.00 as US pauses Iran energy strikes for talks.WTI slips below $92.00 as US pauses Iran energy strikes for talks

Fed Shifts Focus Back to Inflation as Officials See Labor Market in Balance.Federal Reserve officials are signaling a shift in priorities, with the labor market increasingly viewed as “in balance” while inflation risks regain prominence. Comments from Philip Jefferson, Michael Barr, and Lisa Cook highlight a subtle but important pivot: employment conditions are no longer the primary concern, as attention turns back to rising price pressures driven by the Middle East energy shock.

Oil Not a Simple Boost as BoC Rogers Flags Inflation and Growth Risks.Oil is no longer a clean positive for Canada, as a Bank of Canada official warn that the latest energy shock also risks fueling broader inflation rather. Senior Deputy Governor Carolyn Rogers said in a speech it is “too early to assess the impacts of the war on growth”, but made clear that higher oil prices will bring both benefits and costs.

Dollar rides haven demand as Middle East talks ring hollow.The dollar pushed higher toward multi-month peaks on Friday ​as investors sought safety in the shadow of an intensifying Middle East war and mounting doubts ‌over any path to de-escalation.

Cliff Notes: A Fork in the Road.In Australia, February's CPI came in slightly below expectations, headline inflation ticking down to 3.7%yr from 3.8%yr, while trimmed mean inflation held steady at 3.3%yr. Constructive elements of the detail included: dwelling purchases posting its smallest increase in ten months; a below-expectations annual increase in education prices; and lower childcare costs, the result of increased take-up of the Childcare Subsidy following the introduction of the three-day guarantee.

Dollar Extends Gains as Fading Ceasefire Prospects Fuel Risk Aversion.The dollar kept firm tone and rose further against its major counterparts on Thursday, following rise in oil prices (Brent bounces back above $100) that sparked fresh wave of risk aversion and fueled demand for safe-haven greenback.

Australian Dollar falls to two-month lows on US–Iran peace uncertainty.Australian Dollar falls to two-month lows on US–Iran peace uncertainty

Fed's Jefferson: Geopolitical tensions pose upside risks to inflation forecast.Fed's Jefferson: Geopolitical tensions pose upside risks to inflation forecast

Fed's Barr: Iran oil price shock could shift inflation expectations and delay rate cuts.Fed's Barr: Iran oil price shock could shift inflation expectations and delay rate cuts

Fed's Miran: Shrinking the size of the balance sheet is desirable.Fed's Miran: Shrinking the size of the balance sheet is desirable

United Kingdom GfK Consumer Confidence above expectations (-24) in March: Actual (-21).United Kingdom GfK Consumer Confidence above expectations (-24) in March: Actual (-21)

Ireland Consumer Confidence dipped from previous 65.2 to 56.7 in March.Ireland Consumer Confidence dipped from previous 65.2 to 56.7 in March

USD/JPY presses toward 160.00 as Crude Oil shock deepens Yen slide.USD/JPY presses toward 160.00 as Crude Oil shock deepens Yen slide

Asian FX: Weak footing persists despite pause – OCBC.Asian FX: Weak footing persists despite pause – OCBC

Undeterred by war, South Korean day traders double down on world-beating KOSPI.Twenty-four-year-old Kim Min-sung's gruelling schedule begins with ​intensive classes at Seoul's Korea Foreign Language University followed by late nights at the library as he prepares for the notoriously competitive national ‌diplomatic exam, a traditional path to a lucrative, secure foreign-service career.

PHP: Energy shock risks and BSP stance – DBS.PHP: Energy shock risks and BSP stance – DBS

GBP/JPY Price Forecast: Stalls at 213.00 as bearish flag looms.GBP/JPY Price Forecast: Stalls at 213.00 as bearish flag looms

Singapore: Growth risks tilt lower – UOB.Singapore: Growth risks tilt lower – UOB

Japanese Yen Price Action Setups: USD/JPY, GBP/JPY, AUD/JPY.Japanese yen pairs are approaching key inflection points, with USD/JPY capped below 160, GBP/JPY testing resistance near 213, and AUD/JPY rolling over towards support. While the broader bias still leans bullish for yen crosses, near-term price action suggests traders may first need to navigate a period of consolidation or pullback before the next directional move unfolds.

APAC FX: Inflation channel and valuation gaps – BNY.APAC FX: Inflation channel and valuation gaps – BNY