WTI slips near $88 amid ceasefire hopes, but Hormuz and blockade risks curb losses, keeping volatility.
USD/JPY slipped to 158.65 as softer dollar, lower oil, ceasefire hopes, and intervention talk supported yen.
Australia’s consumer inflation expectations rose to 5.9% in April, up 0.7 points from 5.2%.
GBP/USD rose near 1.3570 as Middle East tension hopes improved; oil, inflation, and BoE hikes supported.
EUR/USD rose to 1.1805 as US-Iran ceasefire optimism boosted risk appetite; ECB seen holding rates.
AUD/USD climbed to 0.7173 as risk sentiment improved; Fed uncertainty, oil prices, and RBA hike expectations.
Israel’s Security Cabinet discussed a potential Lebanon ceasefire as Trump hinted Iran war could end soon.
Gold slipped to $4,800 as Middle East tensions eased, oil rose, rate-cut hopes fell, but central banks bought.
NZD/USD hovered near 0.5910, modestly higher but capped by firm USD demand and muted RBNZ signals.
Gold slipped nearly 1% as equities rallied, Iran optimism rose, and safe-haven demand eased despite weak dollar.
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