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USD weakness extends

Morgan Stanley raises China GDP forecast to 4.5% for 2025 amid easing trade tensions

ForexLive Asia-Pacific FX news wrap: Oil spike on talk of Israel preparing attack on Iran

New Zealand April exports higher than in March: NZD7.84bn vs 7.41bn

Reuters Tankan report has manufacturing sentiment at 8 in May, down from 9 in April

Mexican Economy Minister says autos exported to US will face average 15% tariff, not 25%

Japan April exports +2% y/y (expected +2%)

CNBC: Musk says AI could run into power capacity issues by middle of next year

Australian Leading Index for April 0.0% m/m (prior -0.2%)

China’s Commerce Ministry says US measures on China chips are bullying, protectionist

US FAA issued an order reducing the flight arrival and departure rate at Newark Airport

JP Morgan sees modest USD depreciation ahead amid rebalancing, hedging flows.