ECB's Wunsch: We are in a good place

investingLive Asia-Pacific FX news wrap: Oil remained in a subdued range

Trump posts upbeat comments on Israel -Lebanon peace talks -"Nice!" Trump pump again

Today's FX winner is Japanese Finance Minister Katayama, She's sent the yen higher.

Reports Iran has proposed allowing ships safe passage via the Omani side of Hormuz as part of US talks, signalling potential easing of disruptions, though flows remain far below pre-war levels.

Fox says its confirmed reports say Iran used a Chinese satellite to monitor US bases, boosting targeting capability and raising geopolitical tensions, with implications for US-China relations and the evolving nature of the conflict.

Japan’s Katayama said authorities are closely watching FX and in dialogue with the US, warning oil-driven volatility is impacting the yen and economy, keeping intervention risk in focus.

China industrial output beat forecasts in March, but retail sales missed and property investment stayed weak, highlighting a fragile recovery as the Iran war adds to growth risks.