The EUR/USD pair trades 0.15% higher to near 1.1470 in the early European session on Thursday. The major currency pair gains as the Euro (EUR) rises against its major currency peers, except antipodeans, ahead of the European Central Bank’s monetary policy announcement at 13:15 GMT.

The GBP/JPY cross struggles to capitalize on its modest Asian session gains to the 212.35 area on Thursday and retreats to the lower end of its daily range in the last hour.

The USD/CAD pair trades on a softer note near 1.3730 during the early European session on Thursday. Surging oil prices due to escalating Middle East tensions provide some support to the commodity-linked Loonie against the US Dollar (USD).

The EUR/GBP pair trades in a tight range around 0.8640 during the Asian trade on Thursday. The pair consolidates as investors await monetary policy announcements by the Bank of England (BoE) and the European Central Bank (ECB) during the day.

The AUD/USD pair attracts some dip-buyers near the 0.7020 area during the Asian session on Thursday and reverses a part of the previous day's retracement slide from the weekly high.

The GBP/USD pair gathers strength near 1.3290 during the early European trading hours on Thursday. However, the potential upside for the major pair might be limited amid the ongoing conflict in the Middle East and the hawkish tone from the US Federal Reserve (Fed).

The USD/CHF pair retraces to near 0.7910 during the Asian trading session on Thursday, following a strong Wednesday.

EUR/JPY recovers its recent losses from the previous session, trading around 183.30 during the Asian hours on Thursday. The currency cross remains stronger as the Japanese Yen (JPY) softens after the Bank of Japan (BoJ) decided to hold the short-term interest rate steady at 0.75%, as expected.

EUR/USD recovers its losses registered in the previous session, hovering near 1.1490 during Asian trading hours on Thursday. Daily chart technical analysis indicates a persistent bearish bias as the pair moves downwards within a descending channel pattern.

The AUD/JPY cross holds gains near 112.45 during the Asian trading hours on Thursday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) after the Bank of Japan (BoJ) interest rate decision.

The Japanese Yen (JPY) faces selling pressure against the US Dollar (USD) after the Bank of Japan (BoJ) decided to leave interest rates unchanged at 0.75%. Still, the USD/JPY pair is 0.14% down to near 159.70 as the US Dollar is underperforming its peers.

The NZD/USD pair attracts some buyers near the 0.5785 region during the Asian session on Thursday and reverses a part of the previous day's rejection slide from a technically significant 200-day Simple Moving Average (SMA).

The USD/JPY pair trades in negative territory around 159.70 during the Asian trading hours on Thursday. The Japanese Yen (JPY) edges higher against the Greenback amid intervention fears by Japanese authorities.

USD/CAD trims gains from the prior session, trading near 1.3720 during Asian hours on Thursday.

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8975 compared to the previous day's fix of 6.8909 and 6.8955 Reuters estimate.

The AUD/USD pair edges higher during the Asian session on Thursday and reverses a part of the previous day's retracement slide from the weekly high.

GBP/USD fell around 0.7% on Wednesday, sliding below the 1.3300 handle as Cable continues to grapple with the technical level. The sell-off extends the pullback from the late-January high near 1.3870, with the pair now trading below both of its key daily moving averages.

The EUR/USD pair slumps to around 1.1465 during the early Asian session on Thursday. The US Dollar (USD) strengthens against the Euro (EUR) on a hawkish stance from the US Federal Reserve (Fed). Attention will shift to the European Central Bank's (ECB) interest rate decision later on Thursday. 

AUD/USD fell around 1.15% on Wednesday, chalking in another sharp rejection from the 0.7100 handle to settle near 0.7025. The pair pushed briefly above 0.7120 early in the session before sellers took control, extending a pattern of failed attempts to reclaim the year-to-date high close to 0.7190.

NZD/USD dropped around 1.25% on Wednesday, knocking against the 200-day Exponential Moving Average (EMA) before sellers drove the pair sharply lower to settle near 0.5790.

The GBP/JPY register losses of 0.20& on Wednesday as investors wait for the Bank of Japan monetary policy decision on Thursday.

Brazil Interest Rate Decision registered at 14.75% above expectations (14.5%)

The USD/JPY posted solid gains of nearly 0.40% on Wednesday after the Federal Reserve kept interest rates steady, hinting at just one rate cut in 2026. At the time of writing, the pair trades at around 159.60, remaining volatile as the Fed Chair Jerome Powell takes the stand.

The NZD/USD pair is trading near the 0.5814 price region, sliding by 0.71% after the Federal Reserve (Fed) kept interest rates unchanged on Wednesday and forecast only one rate cut in 2026, supporting the US Dollar (USD).

The Swiss Franc (CHF) trades on the back foot against the US Dollar (USD) on Wednesday, with USD/CHF snapping a two-day losing streak as a firmer Greenback lends support.

AUD/USD trades around 0.7080 on Wednesday, down 0.34% on the day, despite a broadly supportive domestic backdrop for the Australian Dollar.

EUR/USD drops by 0.21% on Wednesday as the Federal Reserve left interest rates unchanged, with the Board expecting just 25 basis points of easing towards the end of the year, as depicted in the Summary of Economic Projections(SEP).

The US Dollar Index (DXY) stalled post-Federal Reserve Fed on Wednesday, cycling quickly in place after the Fed delivered a widely-anticipated interest rate hold.

EUR/USD recovers part of its earlier decline on Wednesday as the US Dollar (USD) eases slightly from daily highs, offering modest support to the Euro (EUR) ahead of the Federal Reserve’s (Fed) interest rate decision at 18:00 GMT.

The GBP/USD fell 0.21% on Wednesday following the release of a hot US inflation report, prompting investors to cut their dovish bets on the Federal Reserve. At the time of writing, the pair trades at around 1.3320.