Asian currencies rallied after oil prices fell over 7% on reports of a US‑Iran memorandum of understanding.
The US Dollar Index slipped 0.4% overnight but was flat during Asian trading hours.
Australia posted a March trade deficit of A$1.84 billion, missing a forecasted A$4.25 billion surplus.
BOJ minutes warned further rate hikes may be needed if Iran‑related energy shocks and inflation persist.