AUD/USD extends its gains for the second successive session, reaching a three-year high of 0.7147 during the Asian hours on Thursday. The pair strengthened as the Australian Dollar (AUD) drew support after the Reserve Bank of Australia (RBA) signalled a continued hawkish stance.
West Texas Intermediate (WTI) Oil price edges lower after registering over 1% gains in the previous session, trading around $64.80 during the Asian hours on Thursday.
Silver (XAG/USD) attracts some sellers during the Asian session on Thursday and reverses a major part of the previous day's gains to the $86.30 area, or the weekly high.
The USD/CAD pair trades with mild gains around 1.3580 during the Asian trading hours on Thursday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) on a stronger-than-expected employment report.
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.9457 compared to the previous day's fix of 6.9438 and 6.9153 Reuters estimate.
The EUR/USD pair struggles to capitalize on the overnight bounce from the 1.1835-1.1830 region and oscillates in a narrow band during the Asian session on Thursday.
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Thursday that authorities are watching developments “with a high sense of urgency” and are not lowering their guard amid renewed Japanese Yen volatility.
Gold price (XAU/USD) trades in positive territory near $5,060 during the early Asian session on Thursday. The precious metal edges higher despite stronger-than-expected US employment data. The release of the US Consumer Price Index (CPI) inflation report will take center stage later on Friday.
BNY’s Head of Markets Macro Strategy Bob Savage reports strong demand for Chinese bonds sold in Hong Kong, with yields at decade lows after PBoC liquidity injections ahead of Lunar New Year.
Reserve Bank of Australia (RBA) Governor Michele Bullock said on Thursday that bringing inflation down may or may not require further rate hikes. Bullock further stated that central bank will continue to look at data and will act if inflation seems entrenched.
The Pound Sterling pulled back from four-year highs on Wednesday, weighed down by a combination of Bank of England (BoE) dovishness and UK political uncertainty, even as the US Dollar weakened on soft labor market revisions.
The New Zealand Dollar is holding near multi-month highs against the US Dollar following Wednesday's US Non-Farm Payrolls (NFP) report, which showed 130K jobs added in January, above the 70K forecast, but was overshadowed by an 898K downward benchmark revision to 2025 payroll data that reinforced th
The USD/JPY pair attracts some sellers to around 153.20 during the early Asian session on Thursday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) in the aftermath of Prime Minister Sanae Takaichi's landslide election victory.
The Australian Dollar surged to its highest level since August 2022 on Wednesday after the delayed US Non-Farm Payrolls (NFP) report came in stronger than expected at 130K, well above the 70K consensus, though massive downward revisions to 2025 payroll data (898K lower for March 2025 alone) painted
Markets will be watching closely on Thursday, when the United Kingdom’s (UK) Office for National Statistics (ONS) will release the advance estimate of Q4 Gross Domestic Product (GDP).
Commerzbank’s Moses Lim highlights stronger-than-expected Malaysian industrial production, driven by electronics and export-oriented manufacturing, with mining weakness seen as temporary.
ING expects Chinese inflation dynamics to have limited impact on People’s Bank of China policy in 2026. Lynn Song argues that CPI will again undershoot an expected 2% target, but this shortfall should not constrain monetary decisions.
The Aussie Dollar depreciates against the Japanese Yen on Wednesday, down by more than 1%, courtesy of broad Yen’s strength, courtesy of the landslide victory of Prime Minister Takaichi over the weekend. At the time of writing the AUD/JPY trades at 109.23.
Cleveland Fed President Beth Hammack is crossing the wires. She said that the Unemployment Rate is stabilizing, following the release of the strong January Nonfarm Payrolls report in the US.
UOB Global Economics & Markets Research economists Julia Goh and Loke Siew Ting highlight that Malaysia’s labour market strengthened further in 4Q25, with unemployment falling to 2.9% and participation steady at 70.9%.
Standard Chartered economists Hunter Chan, Shuang Ding and Carol Liao note that China’s broad fiscal deficit reached 8.1% of GDP in 2025, below target but still expansionary.
The shared currency retreats below 1.1900 on Wednesday as the Greenback stages a recovery on a strong jobs report in the United States showed the strength of the economy. At the time of writing, the EUR/USD trades at 1.1885, down 0.07%.
Bitcoin (BTC) briefly bounced from $66,000 to above $68,000 but slightly reversed those gains following Wednesday's US January jobs report. The top crypto is hovering around $67,000, down 2% over the past 24 hours as of writing on Wednesday.
UOB Global Economics & Markets Research reports that Singapore’s 4Q25 GDP was revised significantly higher, driven by stronger manufacturing, services and construction. This lifted full‑year 2025 growth and prompted the authorities to raise the official 2026 forecast range.