Asian currencies were subdued after a strong US jobs report dampened hopes of a June interest rate cut.

Asian currencies were subdued during a week filled with central bank meetings after a strong US jobs report in late March dampened hopes of an interest rate cut in June. The USD index was firm as a result, with traders pricing in a 48.1% chance of a rate cut in June, down from 53.2%. Central bank meetings and inflation prints, especially from the US, are expected to remain the focus of investors this week.