The Pound Sterling (GBP) holds onto weekly gains around 1.3565 against the US Dollar (USD) during the Asian trading session on Thursday. The GBP/USD pair trades firmly as the US Dollar remains under pressure due to uncertainty surrounding the United States (US) trade policy outlook.

The EUR/JPY cross loses ground to around 184.35 during the Asian trading hours on Thursday. The Japanese Yen (JPY) strengthens against the Euro (EUR) on hawkish comments from the Bank of Japan (BoJ) policymakers.

Silver price (XAG/USD) extends its gains for the second successive day, trading around $90.00 per troy ounce during the Asian hours on Thursday. Precious metals, including Silver, draw renewed safe-haven demand amid uncertainty surrounding the White House’s economic policies.

The USD/CAD pair drifts lower for the second consecutive day on Thursday and moves away from the monthly peak, touched earlier this week. Spot prices currently trade around the 1.3665 region, down nearly 0.20% for the day, though the downside seems limited ahead of the crucial US-Iran nuclear talks.

On Thursday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9228 compared to the previous day's fix of 6.9321 and 6.8605 Reuters estimate.

The EUR/USD pair builds on the previous day's modest gains and attracts some buyers for the second straight day on Thursday amid a softer US Dollar (USD). Spot prices, however, lack bullish conviction and trade around the 1.1815-1.1820 area during the Asian session, up 0.10% for the day.

AUD/USD remains stronger for the third successive session, trading around 0.7120 during the Asian hours on Thursday.

South Korea BoK Interest Rate Decision meets forecasts (2.5%)

The USD/JPY pair drifts lower to near 156.15 during the early Asian session on Thursday. The US Dollar (USD) softens against the Japanese Yen (JPY) amid US tariff uncertainty.

GBP/USD rose 0.42% on Wednesday, recovering toward 1.3600 in a session shaped by softer-than-expected UK inflation data and broad US Dollar weakness.

NZD/USD rose 0.52% on Wednesday, climbing back into the 0.6000 handle after the US Dollar came under broad selling pressure.

The AUD/JPY rallies over 1.20% on Wednesday, after an inflation report in Australia prompted investors to price additional rate hikes by the Reserve Bank of Australia (RBA). At the time of writing, the cross trades at 111.38.

BNY’s Geoff Yu highlights that Brazilian assets, including the BRL and IBOVESPA, have attracted strong inflows in February 2026, leaving total exposure stretched.

The GBP/JPY rallies for the second straight day, up by over 0.80% as Yen weakness extends, as the Japanese Prime Minister Takaichi nominates two slightly “dovish” academics to the Bank of Japan’s board. The cross trades at 211.94, slightly below the day’s high of 212.12.

The Australian Dollar (AUD) skyrocketed to near a two-week high after a hotter-than-expected January inflation report, fueling speculation of additional rate hikes by the Reserve Bank of Australia (RBA).

Societe Generale analysts flag that USD/ZAR remains in a sideways consolidation but warn that failure to clear the 50‑day moving average could extend the decline toward lower projections.

USD/CHF extends its losses for the second consecutive trading day, down 0.14%, yet it remains trading confined to the 0.7718-0.7757 range for the last three days. At the time of writing, exchanges hands at 0.7729 above the 20-day Simple Moving Average (SMA) at 0.7726.

XAG/USD surged about 4% on Tuesday, rallying sharply to close near $91 in a session driven by renewed safe-haven demand. The pair has been recovering from its late-January crash, when price collapsed from all-time highs above $121 to a low around $64 in early February, a drop of roughly 47%.

The Australian Dollar rallies over 0.80% against the US Dollar on Wednesday, courtesy of a red-hot inflation report, which increased speculation of further tightening by the Reserve Bank of Australia (RBA). At the time of writing, the AUD/USD trades at 0.7118 after bouncing off daily lows of 0.7057.

USD/JPY trades around 156.30 on Wednesday at the time of writing, up 0.26% on the day, as the Japanese Yen (JPY) remains under pressure against the US Dollar (USD). The pair extends its recent upward move amid growing uncertainty over the interest rate path of the Bank of Japan (BoJ).

EUR/USD regains traction on Wednesday as the US Dollar’s (USD) upside momentum fades, allowing the Euro (EUR) to trim its earlier intraday losses. At the time of writing, EUR/USD is trading around 1.1805, rebounding from the daily low near 1.1711.

NZD/USD trades around 0.5980 on Wednesday at the time of writing, up 0.27% on the day and extending its rebound for a second consecutive day.

The Pound Sterling advances during the North American session as the Greenback remains unchanged amid uncertainty on US trade policies, as investors wait results of one of the seven megacap companies after the Wall Street close. The GBP/USD trades at 1.3523, up 0.29%.

HSBC Global Research argues that GBP/USD looks expensive versus rate differentials as markets increasingly price a more dovish Bank of England. Sterling remains pressured after a narrow February vote to hold policy.

The Euro (EUR) edges lower against the British Pound (GBP) on Wednesday as investors digest fresh Eurozone inflation figures and Germany’s fourth-quarter Gross Domestic Product (GDP) data.

MUFG’s Head of Research Derek Halpenny highlights renewed Japanese Yen underperformance as Prime Minister Takaichi nominates reflationist-leaning academics Toichiro Asada and Ayano Sato to the BoJ policy board.

USD/CHF edges higher on Wednesday, drawing support from a firmer US Dollar, which is exerting pressure on the Swiss Franc (CHF). At the time of writing, the pair is trading around 0.7746, after bouncing off an intraday low of 0.7719.

BNY’s Head of Markets Macro Strategy Bob Savage highlights that Eurozone January inflation eased to 1.7% year-on-year, with EU inflation at 2.0%. Services remain the main positive contribution, while energy drags.

AUD/USD trades around 0.7090 on Wednesday at the time of writing, up 0.42% on the day, supported by an unexpected acceleration in inflationary pressures in Australia, which revives expectations of a restrictive monetary policy stance.

HSBC Global Research views USD/CAD as largely driven by the broader Dollar trend, with the pair trading slightly below levels implied by rate spreads, reflecting Canadian Dollar resilience. Elevated Oil prices linked to Middle East tensions are supportive.