The euro stayed near $1.165, close to a one-month low, after U.S. inflation data showed steady headline CPI and a mild cooling in core prices, while ECB officials downplayed the likelihood of a rate hike this year.

The yen recovered toward 158 per dollar, rebounding from levels that previously drew official action, after Japanese and U.S. officials voiced concern over uneven currency moves. Gold eased to around $4,590 following record highs as profit-taking picked up, while Brent crude slid about 3% to near $64.5 as Iran-related risk premiums faded.

Read more to learn what the markets have been up to.