Yen hovers near intervention zone as traders assess Iran war outlook.The yen hovered close to its May low versus the U.S. dollar on Wednesday, near levels that spurred Japanese currency intervention in recent weeks, as ​traders weighed the risks of a renewed flare-up in the Iran war.

Japanese Yen edges higher on intervention risk, renewed Iran–US tensions.Japanese Yen edges higher on intervention risk, renewed Iran–US tensions

WTI slips below $92.00 despite US-Iran peace uncertainty.WTI slips below $92.00 despite US-Iran peace uncertainty

RBI dollar-rupee swap gets almost double bids.​​The settlement of the initial leg of the FX swap will take place on Friday, through which the RBI will inject rupee liquidity into the banking system. The liquidity stood at a low surplus of Rs 67,285 crores as of May 25

Rupee undervalued on REER basis, set for rebound: Ashima Goyal.Former MPC member Ashima Goyal stated the rupee is significantly undervalued on a Real Effective Exchange Rate (REER) basis, suggesting an appreciation is likely. This follows Reserve Bank Governor Sanjay Malhotra's comments that the rupee may have become undervalued after recent depreciation.

Rupee's 3-day rally ends on Iran flare-up.The Indian rupee weakened to 95.68 against the dollar on Tuesday, breaking a three-day gaining streak. This decline was attributed to weakening sentiment following US missile strikes on Iran and rising crude oil prices.

Japan April Services PPI (Corporate Services Price Index) 3% y/y (f'cast 3.3%, prior 3.1%).Japan's services producer price index measures the rate of change in prices that domestic service-sector businesses charge one another for services, capturing upstream cost pressures before they flow through to consumer prices. It is watched as an indicator of pipeline inflation and wage cost pass-through.

Japan Corporate Service Price Index (YoY) fell from previous 3.1% to 3% in April.Japan Corporate Service Price Index (YoY) fell from previous 3.1% to 3% in April

Iran threatens to retaliate after US broke ceasefire with overnight strikes.Iran threatens to retaliate after US broke ceasefire with overnight strikes

AUD/JPY Price Forecast: Uptrend stalls near YTD high as RSI flattens.AUD/JPY Price Forecast: Uptrend stalls near YTD high as RSI flattens

Australia April CPI preview: Analysts split as conflict costs filter through..CBA forecasts Australian headline inflation at 4.3% for April while Westpac sees 4.8%, with both banks flagging firm underlying price pressures despite fuel excise relief.

Aussie Dollar's romp over the Kiwi meets a 13-year ceiling.Aussie Dollar's romp over the Kiwi meets a 13-year ceiling

South Korea BOK Manufacturing BSI rose from previous 72 to 80 in June.South Korea BOK Manufacturing BSI rose from previous 72 to 80 in June

Indonesian Rupiah: Macro headwinds versus reversal risks against US Dollar – MUFG.Indonesian Rupiah: Macro headwinds versus reversal risks against US Dollar – MUFG

RBNZ set to hold interest rate, though a hike can't be ruled out as inflation pressures mount.RBNZ set to hold interest rate, though a hike can't be ruled out as inflation pressures mount

Crude Oil Price Forecast: Breakdown Signals Deeper Pullback Risk.Crude oil broke key technical support from a symmetrical triangle and trendline, signaling potential continuation lower as multiple indicators flip to resistance and deeper targets emerge.

Natural Gas Price Forecast: Breakdown Signals Bearish Extension Ahead.Natural gas broke key support and now trades under pressure as multiple indicators flip to resistance, with downside targets emerging after a confirmed technical breakdown.

New Zealand Kiwi waits on an RBNZ boxed in by its own rate cuts.New Zealand Kiwi waits on an RBNZ boxed in by its own rate cuts

Sri Lanka: Policy tightening supports Rupee – Standard Chartered.Sri Lanka: Policy tightening supports Rupee – Standard Chartered

Australian Dollar remains steady as Aussie CPI test looms.Australian Dollar remains steady as Aussie CPI test looms

Fed's Kashkari: Middle East inflation risks could warrant series of rate hikes.Fed's Kashkari: Middle East inflation risks could warrant series of rate hikes

Indonesia Rupiah: External pressures weigh on outlook – UOB.Indonesia Rupiah: External pressures weigh on outlook – UOB

Euro: ECB hawks eye June rate hike – BNY.Euro: ECB hawks eye June rate hike – BNY

Australia CPI expected to remain well above RBA target in April.Australia CPI expected to remain well above RBA target in April

Singapore Dollar: Growth strength fails to lift SGD – Commerzbank.Singapore Dollar: Growth strength fails to lift SGD – Commerzbank

USD/JPY Price Forecast: Pair tops 159.00 but upside capped by intervention fears.USD/JPY Price Forecast: Pair tops 159.00 but upside capped by intervention fears

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Traders Reduce Bets On Iran Deal.Oil markets rallied amid rising geopolitical tensions.

WTI Crude Oil Forecast: Asymmetric Reactions to Iran News Continues.The long holiday weekend in the US and UK was good news, not just for the unseasonably warm weather, but also for apparent progress toward a “Memorandum of Understanding” toward peace in Iran. Even today's inevitable return to work and setbacks in the Middle East are not deterring the broad optimism yet.

India: Subsidies delay pass-through from Oil – ING.India: Subsidies delay pass-through from Oil – ING

Turkish Lira: Political stress and energy shock drive weaker Lira – MUFG.Turkish Lira: Political stress and energy shock drive weaker Lira – MUFG