Region: Asia Pacific

US bonds show Bessent relief. US PCE key for inflation worries. Canada sales up, but USD/CAD resilient.

Dollar dips after Bessent nomination by Trump. Economic data calendar drives markets this week. Singapore inflation dips; SGD ranges.

Safe-haven assets shine brightly, with DXY index at YTD highs. Kiwi at risk as RBNZ looms. Momentum divergence signals consolidation phase.

RBA’s inflation worries no help for Aussie. PMI bottoming but limited EUR/USD recovery. Chip export slowdown tests 1400 level defense.

Greenback extends losses from two-year highs. USD/SGD eases ahead of GDP. GBP losses pause with CPI due.

Aussie higher ahead of RBA. BoC easing bias supports USD/CAD upside. Ringgit, emerging FX hit by USD strength.