USD/JPY continued to drift lower amid unwinding of Takaichi trade. Pair was last at 151.26 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
AUD/JPY trades around 98.40 during the European hours on Thursday, after recovering its daily losses. The pair strengthens as the Australian Dollar (AUD) rebounds on prospects of foreign inflows, with gains in financial, real estate, and Gold stocks.
EUR/CHF is trading at sub-0.93, which is quite rare. Some may argue that it should be trading higher given some slightly better news out of French politics, ING's FX analyst Chris Turner notes.