AUD/JPY Price Forecast: Holds gains above 114.00, bullish momentum prevails.AUD/JPY Price Forecast: Holds gains above 114.00, bullish momentum prevails

Oil Technical Analysis: Hormuz Disruption Risk Signals Bigger Move Ahead.Brent and WTI remain supported by tight supply and Middle East risk, with key technical levels signaling a possible breakout if tensions persist.

US CPI data set to show another jump in inflation to highest level in nearly three years.US CPI data set to show another jump in inflation to highest level in nearly three years

Euro gains against the Japanese Yen following Japan's Household Spending data.Euro gains against the Japanese Yen following Japan's Household Spending data

investingLive Asia-Pacific FX news wrap: Oil and the USD held firm, US-Iran pessimism.Oil and the US dollar held firm on Tuesday as sentiment over the US-Iran conflict darkened further. Trump described the ceasefire as on life support on Monday, and CNN reported that he is now more seriously weighing a return to major combat operations, frustrated by the continued closure of the Strait of Hormuz and the lack of meaningful progress in nuclear negotiations.

Rupee hits record low of 95.55 as fraying US-Iran ceasefire keeps oil prices on the boil.The rupee has reached its lowest point ever against the US dollar. This decline is driven by investor concerns over escalating conflict in the Middle East.

Rupee hits record low as fraying US-Iran ceasefire keeps oil prices on the boil.The Indian rupee fell ​to its weakest ‌level on record on Tuesday ​as investors fretted ​over a fraying ⁠ceasefire in the ​Middle East, which ​sparked a fresh rise in oil prices, ​deepening worries ​over the economic hit to ‌a ⁠net energy-importing economy.

Rupee at risk of slipping to all-time low on worries US-Iran truce may collapse.The Indian rupee is set to weaken at Tuesday's open, with a possible slide to a lifetime low against the U.S. ​dollar, on concerns that the fragile U.S.-Iran ceasefire may be ‌fraying, keeping oil prices high and the currency under pressure.

US Dollar Index climbs above 98.00 amid deteriorating US-Iran peace optimism.US Dollar Index climbs above 98.00 amid deteriorating US-Iran peace optimism

British Pound loses ground below 1.3600 on US-Iran tensions, UK political pressure.British Pound loses ground below 1.3600 on US-Iran tensions, UK political pressure

Alphabet plans first yen bond sale to fund $190 billion AI spending push.Alphabet is planning its first yen-denominated bond sale across up to eight maturities, expected to total several hundred billion yen, as part of a broader push to fund $190 billion in AI capital spending this year.

Australia NAB Survey Shows Cost Growth Jumps to 4.5% as Margin Squeeze Intensifies.Australia's NAB business survey for April painted an increasingly stagflationary picture, with activity indicators weakening further even as cost pressures accelerated sharply. Business confidence improved slightly from -29 to -24, but remained deeply negative, while business conditions fell from 6 to 3, pointing to a significant slowdown in underlying activity momentum.

AI rally pauses as Middle East ceasefire goes on 'life support'.Oil crept higher and the dollar rose on Tuesday as hopes faded for a deal to get ships moving through the Strait of Hormuz, while a red-hot chip rally in chip stocks cooled and ​traders waited on U.S. inflation figures.

BoJ Summary Shows Growing Support for Near-Term Rate Hike.Bank of Japan's Summary of Opinions from the April meeting revealed a noticeably more hawkish debate inside the board, with several policymakers arguing that another interest rate hike could come sooner rather than later as the Iran war intensifies inflation pressures. One member explicitly said “it is quite possible the BoJ will raise interest rates from the next meeting onward,” even if uncertainty surrounding the Middle East conflict remains unresolved.

Canadian Dollar struggles due ongoing safe-haven demand.Canadian Dollar struggles due ongoing safe-haven demand

WTI drifts higher above $95.50 on US-Iran tensions, Strait of Hormuz disruption fears.WTI drifts higher above $95.50 on US-Iran tensions, Strait of Hormuz disruption fears

New Zealand Dollar slips below mid-0.5900s vs USD as geopolitical risks weigh on sentiment.New Zealand Dollar slips below mid-0.5900s vs USD as geopolitical risks weigh on sentiment

Dollar steady as Middle East peace hopes recede.The U.S. dollar held its ground on Tuesday as talks to end the war in the Middle East showed no signs of progress, ​pushing oil prices higher and worrying investors that interest rates may need to stay higher to tackle inflationary pressures.

Japanese Yen drifts lower vs USD as weak Household Spending data counters hawkish BoJ.Japanese Yen drifts lower vs USD as weak Household Spending data counters hawkish BoJ

Katayama says two-hour Bessent talks covered forex, critical minerals and AI.Japan's Finance Minister Katayama said she held a two-hour meeting with US Treasury Secretary Bessent covering forex markets, financial cooperation, critical minerals and AI supply chains.

Japan, US affirm close cooperation on currency moves.Japan and ​the U.S. reaffirmed their close ‌cooperation on currency moves, Japanese Finance Minister Satsuki Katayama told ​reporters after a meeting ​with her U.S. counterpart, Scott ⁠Bessent, on Tuesday.

Euro softens below 1.1800 on US-Iran ceasefire risks, traders await US CPI data.Euro softens below 1.1800 on US-Iran ceasefire risks, traders await US CPI data

BoJ Summary of Opinions: Member says bank may need to tackle risk of rising price deviations.BoJ Summary of Opinions: Member says bank may need to tackle risk of rising price deviations

Japan JP Foreign Reserves down to $1B in April from previous $1374.7B.Japan JP Foreign Reserves down to $1B in April from previous $1374.7B

Japan Overall Household Spending (YoY) came in at -2.9% below forecasts (-1.3%) in March.Japan Overall Household Spending (YoY) came in at -2.9% below forecasts (-1.3%) in March

US President Donald Trump says US-Iran ceasefire on ‘massive life support'.US President Donald Trump says US-Iran ceasefire on ‘massive life support'

UK consumer spending falls for first time since 2024 as Iran war bites.UK consumer spending fell 0.1% in April, the first annual decline since late 2024, as Iran war fears drove households toward savings and away from big-ticket and travel spending, Barclays and BRC data showed.

Australian Dollar capped ahead of Australian Budget release.Australian Dollar capped ahead of Australian Budget release

China: Reflation momentum delays PBoC cuts – ING.China: Reflation momentum delays PBoC cuts – ING

US Dollar Coiling, USD/JPY Eyes Resistance Heading into US CPI.The US dollar is holding within a tight range ahead of today's US CPI report, as traders assess whether elevated oil prices linked to the Iran conflict continue to fuel inflationary pressures. While the broader bearish USD thesis remains intact for now, USD/JPY is rebounding towards key resistance near 158 following suspected intervention from Japan's Ministry of Finance.