The inflation figures for the Greater Tokyo Area published this morning, which are a reliable indicator of price developments across the country, came in slightly above expectations.
The GBP/USD remains steady at around 1.3230 as market participants digest the UK’s autumn budget amid thin trading liquidity conditions with US markets remaining closed in observance of Thanksgiving Holiday. The pair is flat at 1.3232 virtually unchanged.
The Australian Dollar (AUD) gains against the US Dollar (USD) on Thursday, extending its gains for the fifth successive session. The AUD/USD pair gains ground as the US Dollar (USD) struggles amid rising odds of Federal Reserve (Fed) rate cut bets in December.