The euro lingered near $1.17 as expectations for an ECB move gained traction, while the yen slipped beyond 157 per dollar, giving ground as demand rotated back into the dollar.

Commodities told a sharper story. Gold steadied around $4,500 after a sudden drop, caught between inflation pressure and shifting sentiment. Brent crude held near $114, with disruption in the Strait of Hormuz keeping supply concerns firmly in play.

The offshore yuan moved toward 6.81, touching a two-week high as cross-border usage expanded, reflected in a strong rise in CIPS activity.

Take a look at today's economic updates!