The EUR/GBP falls some 0.16% during the day as the central bank bonanza ends with the ECB and the BoE keeping interest rates unchanged as expected. The cross-pair trades at around 0.8644 after reaching a daily high of 0.8667.

The AUD/USD recovers toward the 0.7190 price region on Thursday, erasing Wednesday's losses, as the Australian Dollar (AUD) benefits from data showing a resilient Chinese economy and a weaker US Dollar (USD).

Silver (XAG/USD) moves higher on Thursday, trading around $73.40 at the time of writing, up 2.81% on the day, after undergoing a marked pullback in recent weeks. This technical rebound comes as the white metal attempts to stabilize following the rejection near the $80 threshold in mid-April.

United States 4-Week Bill Auction climbed from previous 3.595% to 3.6%

Sources speaking with Reuters revealed that the European Central Bank (ECB) policymakers are likely to hike rates “at least” twice this year, beginning in June if there’s no resolution to the Iran conflict.

Colombia National Jobless Rate down to 8.8% in March from previous 9.2%

ING’s Global Head of Macro, Carsten Brzeski, notes that the European Central Bank (ECB) kept interest rates on hold as stagflationary pressures in the Eurozone rise. The bank highlights weaker Gross Domestic Product (GDP) growth, mixed inflation dynamics and tighter credit conditions.

ABN AMRO’s US Senior Economist Rogier Quaedvlieg reviews the latest Federal Open Market Committee (FOMC) decision, noting that the Federal Reserve (Fed) kept rates unchanged and maintained an easing bias in its statement.

As widely telegraphed, the European Central Bank (ECB) kept its policy rates unchanged, but the tone of the meeting reflected a far more complicated backdrop.

USD/JPY shows signs of stabilizing after a sharp intraday slump triggered by intervention warnings from Tokyo, which sent the Japanese Yen soaring across the board.

US President Donald Trump is exploring options to end the Strait of Hormuz shutdown, according to an official who spoke anonymously to the Associated Press.

National Bank of Canada (NBC) economists Matthieu Arseneau and Alexandra Ducharme note that the Canadian economy expanded by 0.2% in February, with Q1 Gross Domestic Product (GDP) by industry tracking 1.7% annualized.

The GBP/USD pair surges 0.6% on Thursday, trading at around 1.3550 level, after the Bank of England (BoE) left interest rates unchanged at 3.75% with an 8-1 vote and amid lower-than-expected GDP growth in the US.

United States EIA Natural Gas Storage Change below forecasts (83B) in April 24: Actual (79B)

Rabobank's Senior Macro Strategist Stefan Koopman reviews the latest Bank of England (BoE) decision to hold the Bank Rate at 3.75%, noting Governor Bailey’s description of an 'active hold' as he balances inflation persistence against risks to employment and activity.

Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is edging higher as the softer US Dollar (USD) and a narrower 1Y US/Canada swap spread support the currency. The Bank of Canada (BoC) left policy unchanged, highlighting offsetting risks from Oil and trade.

Japanese authorities reportedly intervened directly in the foreign exchange market on Thursday, according to Reuters, citing Nikkei, which attributed the information to Japanese government sources.

Nordea’s Chief Analyst Jan von Gerich notes that the European Central Bank (ECB) kept its key rate at 2.0% and maintained a data-dependent, meeting-by-meeting stance.

United States Chicago PMI came in at 49.2 below forecasts (53) in April

Royal Bank of Canada (RBC) economist Abbey Xu reports that Canada's Gross Domestic Product (GDP) grew 0.2% in February, with both goods-producing and services industries contributing as earlier auto-sector disruptions faded.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the April policy meeting and responds to questions from the press.

Gold (XAU/USD) edges higher on Thursday, recovering from the one-month low of $4,510 seen the previous day. The modest rebound comes as the US Dollar (USD) weakens after Tokyo ramps up FX intervention warnings.

Commerzbank’s Thu Lan Nguyen highlights that Copper’s supply surplus has widened to about 300,000 tons early this year as production expanded while demand stagnated. February saw a notable demand drop with prices near USD 13,000 per ton.

EUR/USD trades around 1.1690 on Thursday at the time of writing, up 0.11% on the day, after hitting a three-week low at 1.1655 earlier in the day.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the April policy meeting and responds to questions from the press.

Ripple (XRP) is under pressure, trading around $1.37 at the time of writing on Thursday as investors assess the Federal Reserve’s (Fed) hawkish tone.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the April policy meeting and responds to questions from the press.