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Eurozone HCOB Composite PMI registered at 48.6, below expectations (50.2) in April

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1Australian Dollar softens to near 0.7150, US CPI inflation data looms2Japan’s Katayama says to maintain close communication with US on currency markets3Canadian Dollar struggles as oil prices decline4New Zealand Dollar recovers from six-week low vs USD; upside seems capped ahead of US CPI5British Pound holds steady above 1.3500 ahead of US CPI inflation release6Japanese Yen edges higher as PPI reaffirms BoJ rate hike bets and USD bulls await US CPI7WTI falls to near $99.00 despite escalating US-Iran conflict8PBOC sets USD/CNY reference rate at 6.7743 vs. 6.7766 previous9Euro flatlines above 1.1600 despite ECB hawkish hike, traders brace for US CPI data

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