West Texas Intermediate (WTI) oil price extends its gains for the fourth consecutive day, trading around $105.70 per barrel during the Asian hours on Thursday. Crude oil prices climb as a deepening naval blockade of Iranian ports.

Dogecoin (DOGE) extends its upward momentum on Thursday, trading above $0.106 and leading gains among major meme coins. Meanwhile, Shiba Inu (SHIB) and Pepe (PEPE) remain range-bound, signaling a pause in momentum as both meme coins consolidate near key resistance levels.

The GBP/USD pair struggles to capitalize on a modest Asian session uptick to the 1.3500 neighborhood, though it holds above the 100-day Simple Moving Average (SMA).

EUR/USD extends its losses for the third successive day, trading around 1.1660 during the Asian hours on Thursday. The daily chart technical analysis indicates a potential for a bearish reversal, as the pair has slipped below the ascending channel.

Bitcoin remained under pressure on Wednesday, falling below $76,000 after the Federal Reserve (Fed) left interest rates unchanged.

Gold (XAU/USD) builds on the overnight modest rebound from the $4,500 neighborhood, or a fresh monthly trough, and gains some positive traction during the Asian session on Thursday.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.95 during the Asian trading hours on Thursday. The DXY steadies following a hawkish hold from the US Federal Reserve (Fed). 

USD/CAD edges lower after remaining flat in the previous day, trading around 1.3680 during the Asian hours on Thursday.

China's RatingDog Manufacturing Purchasing Managers' Index (PMI) climbed to 52.2 in April from 50.8 in March, the latest data published by RatingDog showed on Thursday.

China RatingDog Manufacturing PMI above expectations (51) in April: Actual (52.2)

The USD/JPY pair loses traction to around 160.25 during the Asian trading hours on Thursday. The Japanese Yen (JPY) edges higher against the US Dollar (USD) amid intervention fears from Japanese authorities.

China’s official Manufacturing Purchasing Managers' Index (PMI) eased to 50.3 in April, compared to 50.4 in the previous reading. The reading came in above the market consensus of 50.1 in the reported month. 

Australia Private Sector Credit (YoY) increased to 8.1% in March from previous 7.8%

China NBS Manufacturing PMI came in at 50.3, above forecasts (50.1) in April

China NBS Non-Manufacturing PMI below forecasts (49.9) in April: Actual (49.4)

Australia Private Sector Credit (MoM) came in at 0.7%, above expectations (0.6%) in March

Australia Import Price Index (QoQ) came in at 0.1%, above expectations (-0.6%) in 1Q

Australia Export Price Index (QoQ) declined to 0.5% in 1Q from previous 3.2%

NZD/USD gains ground after two days of losses, trading around 0.5830 during the Asian hours on Thursday. The pair advances as the New Zealand Dollar (NZD) remains stronger following the latest domestic economic data releases.

Silver (XAG/USD) attracts some buyers during the Asian session on Thursday and reverses a part of the previous day's losses to the $70.85 region, or over a three-week low. The white metal climbs further beyond the $72.00 mark in the last hour, though the upside potential seems limited.

New Zealand ANZ Business Confidence: -10.6 (April) vs previous 32.5

The AUD/USD pair gathers strength to near 0.7130 during the early Asian session on Thursday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) on hotter domestic inflation data.

Japan Industrial Production (YoY): 2.3% (March) vs 0.4%

Japan Retail Trade s.a (MoM) rose from previous -2% to 1.3% in March

Japan Industrial Production (MoM) below forecasts (1.1%) in March: Actual (-0.5%)

Japan Retail Trade (YoY) came in at 1.7%, above forecasts (0.8%) in March

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $104.90 during the early Asian trading hours on Thursday.