German Industry Employment Falls to Lowest Level in a Decade 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
ASX Proposes New Share Dilution Limits for Public Takeovers 
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Asian currencies strengthened on Monday while the U.S. dollar edged lower, as investors shifted focus to upcoming policy meetings by the Bank of Japan (BOJ) and the Federal Reserve. Market sentiment remained cautious due to ongoing geopolitical tensions in the Middle East, particularly after the United States and Iran withdrew from talks over the weekend.
The Japanese yen showed modest gains, with the USD/JPY pair slipping below the key 160 level. The BOJ is widely expected to keep interest rates unchanged at 0.75%, although speculation persists around a possible 25 basis point hike. Investors are closely watching for a hawkish tone from the central bank, especially as inflation remains elevated and external pressures linked to the Iran conflict persist. However, if the BOJ adopts a softer stance than anticipated, the yen could face renewed pressure after recent volatility.
Meanwhile, the U.S. dollar index dipped slightly in Asian trading after strong gains last week. The dollar had been supported by safe-haven demand amid geopolitical risks and expectations of tighter global monetary policy. Attention now turns to the Federal Reserve’s upcoming meeting, where rates are also expected to remain unchanged. Uncertainty surrounding the economic impact of the Iran conflict continues to influence policy outlooks. Additionally, speculation over leadership changes at the Fed, including the potential confirmation of Kevin Warsh as chair, has added another layer of market interest.
Broader Asian foreign exchange markets saw gains as risk appetite improved slightly. Comments from U.S. President Donald Trump indicating openness to renewed negotiations with Iran provided some relief. Reports suggesting Iran may propose reopening the Strait of Hormuz also contributed to cautious optimism, despite unresolved nuclear issues.
The Australian dollar advanced on expectations of strong inflation data, which could support further rate hikes by the Reserve Bank of Australia. The Chinese yuan remained near a three-year high ahead of key PMI data, while the South Korean won and Singapore dollar also strengthened. In contrast, the Indian rupee weakened, with USD/INR moving above 94.
