The EUR/JPY cross trades on a flat note near 181.10 during the early European session on Thursday. Hawkish expectations of the Bank of Japan (BoJ) rate hike could provide some support to the Japanese Yen (JPY) against the Euro (EUR) in the near term.

The GBP/USD pair loses ground to around 1.3330 during the Asian trading hours on Thursday. The major pair retreats from nearly a two-month high amid renewed US Dollar (USD) demand. However, the rising bets of a Federal Reserve (Fed) rate cut next week might cap its downside.

The USD/CAD pair attracts some buyers during the Asian session on Thursday, and for now, seems to have snapped a two-day losing streak back closer to the 1.3940-1.3935 region, or a nearly one-month low, touched last week.

The Japanese Yen (JPY) is trading with a positive bias during the Asian session on Thursday and looking to build on the previous day's gains against a broadly weaker US Dollar (USD).

The NZD/USD pair edges lower to near 0.5765 during the early Asian trading hours on Thursday, bolstered by renewed US dollar (USD) demand. Nonetheless, the potential downside for the pair might be limited amid the prospect of the US interest rate cut next week.

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0733 compared to the previous day's fix of 7.0754 and 7.0554 Reuters estimate.

The AUD/USD pair prolongs its strong uptrend witnessed over the past two weeks or so and advances to a fresh high since late October during the Asian session on Thursday.

The USD/JPY pair attracts some sellers to around 155.25 during the early Asian session on Thursday. The US Dollar (USD) softens against the Japanese Yen (JPY) on weaker-than-expected US jobs data and expectations of further US rate cuts.

The Australian Bureau of Statistics will publish its data for August on Thursday at 00.30 GMT. Trade surplus is expected to widen to 4,200M MoM in October, compared to 3,938M in the previous reading.

AUD/USD trades firmly on Wednesday, around 0.6590 at the time of writing, up 0.50% on the day.

GBP/USD rallies on Wednesday during the North American session, surpasses the 1.3300 figure as market participants priced in a more dovish Federal Reserve as rumors grow that the White House economic adviser Kevin Hasset could become the next Chair taking Powell’s rein.

The Euro (EUR) trades on the front foot against the US Dollar (USD) on Wednesday as the Greenback remains under sustained selling pressure amid dovish Federal Reserve expectations, while traders digest the latest US services sector data.

The Japanese Yen (JPY) is strengthening again, up 0.3% against the US Dollar (USD) as USD/JPY moves back toward Monday’s lows and threatens a broader retracement of its mid-November weakness, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

NZD/USD holds in positive territory around 0.5750 on Wednesday, up 0.20% on the day at the time of writing.

The Euro (EUR) is up 0.3% against the US Dollar (USD) and a mid-performer among the G10, climbing to fresh local highs at levels last seen in late October.

The Canadian Dollar (CAD) gained modestly as a weaker US Dollar (USD), firmer risk sentiment, and stronger commodity prices helped lift the currency toward its estimated fair value.

The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Wednesday as the Greenback remains under broad pressure amid a firmly dovish Federal Reserve (Fed) outlook. At the time of writing, USD/CAD is trading around 1.3950, edging close to one-month lows as bearish momentum builds.

The Euro (EUR) trades flat against the Swiss Franc (CHF) on Wednesday as traders digest a fresh batch of Swiss inflation figures alongside Eurozone Purchasing Managers Index (PMI) surveys and Producer Price Index (PPI) data.

The United States (US) Institute of Supply Management (ISM) will release its Services Purchasing Managers’ Index (PMI) data for November on Wednesday at 15:00 GMT.

EUR/JPY trades around 181.30 on Wednesday at the time of writing, stable on the day.

AUD/USD rallied to near 0.6600 as Q3 GDP data, though weaker than expected, confirmed strong private investment and household demand, supporting the RBA’s on-hold stance.

The AUD/USD pair extends its winning streak for the ninth trading day on Wednesday.

Eurozone inflation for November came in largely as expected, with headline at 2.2% y/y and core at 2.4%, leaving the ECB’s policy stance unchanged.

USD/CHF stabilizes above 0.8000 on Wednesday, trading near 0.8010 at the time of writing, down 0.25% on the day.

Eurozone Producer Price Index (YoY) below expectations (-0.4%) in October: Actual (-0.5%)

Eurozone Producer Price Index (MoM) meets expectations (0.1%) in October

Eurozone HCOB Services PMI came in at 53.6, above expectations (53.1) in November

Eurozone HCOB Composite PMI registered at 52.8 above expectations (52.4) in November

The Pound Sterling (GBP) trades higher against its major currency peers, except antipodeans, on Wednesday.

USD/JPY traded subdued at 155.70 as markets await the December BoJ rate hike, with momentum mildly bearish and RSI slipping, OCBC's FX analysts Frances Cheung and Christopher Wong note.