AUD/USD eased 0.5% on Thursday, pulling back from four-year highs as the session drifted steadily lower through the afternoon. The pair had been pressing against the 0.7280 area, the strongest territory since June 2022, and bullish momentum waned after the recent run higher.

The USD/JPY pair advances toward the 158.30 region on Friday, reaching its highest level in nearly two weeks as the United States (US) Dollar (USD) strengthens following resilient US economic data and rising Treasury yields.

Standard Chartered economists Christopher Graham and Carol Liao discuss the EU’s widening trade deficit with China, highlighting the autos sector as a key example of the imbalance.

South Korea Import Price Growth (YoY) climbed from previous 18.4% to 20.2% in April

South Korea Export Price Growth (YoY) rose from previous 28.7% to 40.8% in April

The US Senate Banking Committee advanced the CLARITY Act on Thursday in a 15-9 bipartisan vote, marking a crucial step toward establishing a comprehensive regulatory framework for crypto.

Argentina Consumer Price Index (MoM) registered at 2.6% above expectations (2.5%) in April

Societe Generale strategists observe that USD/CNH has resumed its decline after repeated failures at the 50-DMA, which has capped rebounds since last year.

The US Dollar Index (DXY) rises toward the 98.80 region, reaching fresh two-week highs after US Retail Sales rose 0.5% in April, highlighting resilient consumer spending despite elevated borrowing costs.

Gold (XAU/USD) retreats by some 0.25% during the North American session on Thursday as tensions in the Middle East remain high, while the US-China summit is underway, with President Donald Trump meeting Chinese President Xi Jinping. At the time of writing, the XAU/USD pair trades at $4,678.

BNY’s Geoff Yu notes that stronger Chinese industrial profits and reflation allow firms to absorb modest Chinese Yuan (CNY) appreciation without undermining exporters.

Federal Reserve (Fed) Governor Stephen Miran submitted his resignation letter from the Fed board on Thursday, effective on or shortly before Kevin Warsh is sworn in as the Fed's next chair, since there is no other open seat on the seven-member board for Warsh to fill, and Miran's term had expired in

Coinbase announced Thursday that it has become the official treasury deployer of USDC as an Aligned Quote Asset (AQA) on Hyperliquid, deepening the integration between the stablecoin and the onchain trading platform.

TD Securities economists Oscar Munoz and team revise their Fed outlook, now projecting no rate cuts in 2026 as persistent inflation pressures from the Iran conflict, elevated Oil and strained supply chains delay disinflation.

The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, climbs to a two-week high on Thursday as traders ramp up expectations that the Federal Reserve (Fed) could keep interest rates elevated for longer following a fresh batch of strong US economic data.

Rabobank's Global Strategist Michael Every outlines China’s central role in current geopolitical and financial dynamics. Every covers Trump’s visit to Beijing and potential outcomes from US-China talks, questions over a possible Grand Bargain, and China’s leverage over Iran.

Bank of England (BoE) MPC member, Huw Pill, said that he does not expect second-round effects to be as strong as in 2022, and also that the second-round effects are behavioral, affected by what the BoE does next. He spoke at an event hosted by NatWest on Thursday.

USD/CAD extends gains on Thursday, rising for a third consecutive day, supported by renewed demand for the US Dollar (USD) as traders assess ongoing geopolitical developments alongside the latest US economic data, which reinforced expectations of a more hawkish Federal Reserve (Fed) stance.

Dogecoin (DOGE) gains momentum above $0.1100, rising alongside crypto majors on Thursday. The meme coin signals strong recovery potential, as momentum indicators align with growing retail demand.

EUR/USD edges lower for the third consecutive day during the North American session, down 0.22%, as US economic data showed consumers' resilience. In contrast, jobless benefits data showed a slight increase in the number of Americans filing for jobless benefits.

Dow Jones Industrial Average (DJIA) futures traded above 50,000 in the overnight and premarket sessions on Thursday, more than reversing the modest pullback in the cash index on Wednesday.

USD/CHF advances toward 0.7830 on Thursday, gaining 0.15% on the day at the time of writing, supported by renewed demand for the US Dollar (USD) following a series of solid economic releases in the United States (US).

The AUD/USD pair weakens toward the 0.7220 region on Thursday as the United States (US) Dollar (USD) strengthens after April Retail Sales held up in the United States (US).

United States 4-Week Bill Auction: 3.605% vs previous 3.61%

Canton (CC) edges higher above $0.1700 at the time of writing on Thursday, building on risk-on sentiment after the network announced a software update that enables atomic composability.

UOB’s Senior Economist Alvin Liew notes that United States (US) inflation pressures have broadened beyond energy, with April Consumer Price Index (CPI) and Producer Price Index (PPI) both reaccelerating and core measures drifting further above the Federal Reserve’s 2% target.

GBP/USD trades under pressure on Thursday, weighed down by a stronger US Dollar (USD) and rising political uncertainty in the United Kingdom. At the time of writing, the pair is trading around 1.3482, down nearly 0.30% and remaining on the back foot for a third consecutive day.