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.
The USD/JPY pair sticks to its bearish bias for the fourth straight day on Thursday and trades just below the 153.00 mark during the Asian session, close to a two-week low set the previous day.
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.
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
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.
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%.
The Japanese Yen (JPY) stays on the front foot against the US Dollar (USD) on Wednesday, extending its three-day winning streak as broad-based Yen demand keeps the pair under pressure.
AUD/USD trades around 0.7110 on Wednesday at the time of writing, up 0.56% on the day, supported by a more favorable external backdrop and by the hawkish tone of the Reserve Bank of Australia (RBA).
The British Pound (GBP) remains on the back foot against the Japanese Yen (JPY) on Wednesday, with GBP/JPY sliding to its lowest level since December 19 amid broad-based strength in the Yen. At the time of writing, the cross is trading near 209.25, extending losses for a third straight day.
USD/CHF is holding a firm downtrend on the daily chart, trading near 0.7720 well below both the 50-day Exponential Moving Average (EMA) at 0.7868 and the 200-day EMA at 0.8120.
Standard Chartered’s Dan Pan argues that while cheaper imported goods and a stronger Brazilian Real have sharply reduced goods inflation and allowed BCB to signal rate cuts from March, persistent services inflation near 5–6% is likely to keep core and headline inflation above target.
USD/CAD edges higher on Wednesday after reports that the US is privately considering withdrawing from the US-Mexico-Canada Agreement (USMCA), weighing on the Canadian Dollar (CAD). At the time of writing, the pair trades around 1.3612, rebounding from intraday lows near 1.3500.
The Pound Sterling advances versus the Greenback during the North American session yet retreated from daily highs hit at 1.3712 following a stronger than expected jobs report in the US. At the time of writing, the GBP/USD trades at 1.3655, up 0.10%.
USD/JPY trades around 153.30 on Thursday at the time of writing, down 0.70% on the day, after briefly advancing following the release of a stronger-than-expected US jobs report.
BNY’s Head of Markets Macro Strategy Bob Savage notes that the Australian Dollar is trading above 0.71, its highest level since February 2023, as markets price a roughly 70% chance of another 25 bp RBA hike in May.
EUR/USD came under brief pressure on Wednesday as a surprisingly firm US jobs report boosted the US Dollar (USD) and weighed on the Euro (EUR). At the time of writing, the pair trades around 1.1875, after sliding about 68 pips to an intraday low near 1.1833 in the immediate reaction to the data.
Rabobank’s Jane Foley highlights that UK political uncertainty around Prime Minister Starmer’s leadership is limiting Pound relief, with EUR/GBP holding near 0.8700 and GBP the weakest G10 currency on a 5‑day view.
MUFG’s Lee Hardman reports that the Australian Dollar has gained nearly 6.5% against the US Dollar this year, supported by the RBA’s early rate hikes and hawkish comments from Deputy Governor Andrew Hauser.
Silver (XAG/USD) climbs on Wednesday, reversing the previous day’s losses as a softer US Dollar (USD) offers support ahead of the delayed US Nonfarm Payrolls (NFP) report due at 13:30 GMT. At the time of writing, XAG/USD is trading near $85.60, up almost 5.70% on the day.
The Pound (GBP) has retraced losses against the US Dollar (USD) on Wednesday, but failed to find acceptance at weekly highs above 1.3700 and has pulled back to the 1.3680 area at the time of writing.
NZD/USD trades around 0.6060 on Wednesday at the time of writing, up 0.25% on the day, and posts a nearly two-week high amid persistent US Dollar (USD) weakness. The bullish move comes as investors position cautiously ahead of the release of the US Nonfarm Payrolls (NFP) report.
MUFG’s Lee Hardman notes that the Japanese Yen has extended its rebound after Japan’s lower house election, with USD/JPY dropping from 157.76 to 152.80 and moving closer to late-January lows.
The US Dollar (USD) has bounced up from fresh11-day lows at 152.80 against the Japanese Yen (JPY) on Wednesday, and is trading at the 153.25 area at the time of writing.
EUR/JPY continues its correction for a third consecutive day and trades around 182.70 on Wednesday at the time of writing, down 0.50% on the day.
The Aussie Dollar (AUD) has ticked down from fresh three-year highs at 0.7128 against the US Dollar, but remains steady above previous highs of 0.7095, as investors brace for the US Non-farm Payrolls release, due later on the day, and the Australian Consumer Inflation Expectations report, on Thursda