US President Donald Trump said that a talk betweek Israel and Lebanon will happen on Thursday, adding that it has been around 34 years since two leaders have spoken.

The USD/CHF pair trades 0.2% lower to near 0.7800 during the Asian trading session on Thursday. The Swiss Franc pair faces selling pressure as the US Dollar (USD) continues to underperform amid increasing hopes that the United States (US) and Iran would reach a permanent ceasefire soon.

NZD/USD remains stronger for the fourth consecutive day, trading around 0.5920 during the Asian hours on Thursday. The pair remains stronger following China’s first-quarter Gross Domestic Product figures. China’s economic change could impact the NZD as a key trading partner for New Zealand.

Chin’s stats bureau deputy head has said during the Asian trading session on Thursday that the economy has started 2026 on a promising note despite a severe external environment that is hard won.

The AUD/USD pair holds positive ground around 0.7180 during the Asian trading hours on Thursday. The Australian Dollar (AUD) strengthens against the Greenback amid mixed economic data from Australian and Chinese dockets. 

USD/CAD loses ground for the fourth successive day, trading around 1.3730 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) continues to lose ground on improved market sentiment, driven by expectations of a potential de-escalation in the Middle East conflict.

Silver (XAG/USD) regains positive traction during the Asian session on Thursday and climbs to a fresh daily high, around the $80.50 area in the last hour, though it lacks follow-through.

Japan’s Finance Minister Satsuki Katayama said on Thursday that she discussed with Treasury Secretary Scott Bessent on foreign exchange and agreed to keep close dialogue.

Bitcoin is beginning to show signs of stabilization after a prolonged period of losses, although the recovery remains fragile and lacks strong participation, according to a Glassnode report released Wednesday.

China Fixed Asset Investment (YTD) (YoY) below expectations (1.9%) in March: Actual (1.7%)

China Retail Sales (YoY) below forecasts (2.3%) in March: Actual (1.7%)

China Industrial Production (YoY) came in at 5.7%, above expectations (5.5%) in March

China Gross Domestic Product (YoY) registered at 5% above expectations (4.8%) in 1Q

China Gross Domestic Product (QoQ) meets forecasts (1.3%) in 1Q

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on the previous day's goodish rebound from sub-$85.00 levels, or over a three-week low, and remains depressed for the third straight day on Thursday.

AUD/JPY depreciates after three days of gains, trading around 113.90 during the Asian hours on Thursday.

Australia Part-Time Employment dipped from previous 79.4K to -34.6K in March

China House Price Index dipped from previous -3.2% to -3.4% in March

Australia Participation Rate came in at 66.8%, below expectations (66.9%) in March

Australia Employment Change s.a. registered at 17.9K, below expectations (20K) in March

Australia Unemployment Rate s.a. meets forecasts (4.3%) in March

Australia Full-Time Employment up to 52.5K in March from previous -30.5K

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8616 compared to the previous day's fix of 6.8582 and 6.8190 Reuters estimate.

The USD/JPY pair struggles to capitalize on the previous day's modest gains and meets with a fresh supply during the Asian session on Thursday. Spot prices drop to the 158.70-158.65 region in the last hour and remain close to the weekly trough, touched on Tuesday amid a bearish US Dollar (USD).

Australia Consumer Inflation Expectations increased to 5.9% in April from previous 5.2%

GBP/USD has rebounded from the modest losses recorded in the previous day, hovering near 1.3570 during Asian trading hours on Thursday. The pair advances as market sentiment improves, driven by expectations of a potential de-escalation in the Middle East conflict.

The EUR/USD pair holds positive ground near 1.1805 during the early Asian session on Thursday. The Euro (EUR) edges higher against the US Dollar (USD) amid risk-on sentiment, bolstered by optimism over the ceasefire between the US and Iran.