ForexLive Asia-Pacific FX news wrap: USD/JPY jumped above 160 ...Middle East

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ForexLive Asia-Pacific FX news wrap: USD/JPY jumped above 160
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Oil has dribbled lower - Gaza ceasefire talks, US inflation citedUSD/JPY skyrockets above 160; other major currencies rally while Japan markets closedJapan is on holidays today. Yen is collapsing, with no prospect of even verbal support.USD/JPY leaps above 160 (briefly)PBOC sets USD/ CNY reference rate for today at 7.1066 (vs. estimate at 7.2579)Japan PM Kishida's party lose 3 key by-election seatsCE analysts forecast an RBA 25bp interest rate hike at its next meeting, May 7Barclays says expect a hawkish Fed and Powell at this week's FOMC meetingData released over the weekend showed China's industrial profits fell y/y in MarchIt's a huge week ahead - the FOMC is the highlight but there are p

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