Most Asian currencies and the US dollar changed little, with the US Dollar Index up 0.1% in Asian trading.
Traders brace for President Trump's 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz, amid warnings of possible strikes.
The Indian rupee rose 0.3% ahead of the RBI’s upcoming interest‑rate decision, while USD/KRW fell 0.3% and USD/CNY slipped 0.1%.
US March CPI expected to jump to 3.4% YoY from 2.4%, driven by higher fuel prices, potentially influencing market sentiment.