USD/CHF depreciates after four days of gains, trading around 0.7990 during the Asian hours on Thursday. However, the downside of the pair could be restrained as the US Dollar (USD) may regain its ground amid rising safe-haven demand due to ongoing Middle East conflict.

The EUR/USD pair trades slightly higher to near 1.1550 during the Asian trading session on Thursday. The major currency pair edges higher as the Euro (EUR) gains ahead of the European Central Bank’s (ECB) monetary policy announcement at 12:15 GMT.

EUR/JPY gains ground for the fourth successive day, trading around 185.30 during the Asian hours on Thursday. The EUR/JPY cross is holding a constructive bias, with spot remaining above the nine-day and 50-day Exponential Moving Averages (EMAs).

The NZD/USD pair gains traction to around 0.5800 during the Asian trading hours on Thursday. Nonetheless, escalating tensions in the Middle East could weigh on the New Zealand Dollar (NZD) as a riskier asset against the US Dollar (USD). The US Producer Price Index (PPI) report.

The AUD/USD pair recovers a few pips after touching a fresh two-month low during the Asian session on Thursday and moves back above the 0.7000 psychological mark.

Silver price (XAG/USD) gains ground after two days of losses, trading around $64.00 per troy ounce during the Asian hours.

The GBP/USD pair gathers strength to around 1.3385 during the Asian trading hours on Thursday. However, the potential upside might be limited amid rising expectations for higher-for-longer US interest rates.

The USD/CAD pair struggles to capitalize on the overnight bounce from the 1.3900 mark, or the weekly low, and ticks lower during the Asian session on Thursday.

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8150 compared to the previous day's fix of 6.8130 and 6.7819 Reuters estimate.

The EUR/USD pair trades in positive territory near 1.1540 during the early Asian trading hours on Thursday. Rising bets that the European Central Bank (ECB) will deliver a rate hike at its June policy meeting later on Thursday underpin the Euro (EUR) against the Greenback. 

The USD/JPY pair edges higher to around 160.55 during the early Asian session on Thursday. The Japanese Yen (JPY) weakens to a near six-week low against the US Dollar (USD) after a hot US inflation report fuels expectations for higher-for-longer US Federal Reserve (Fed) interest rates.

The New Zealand Dollar is carrying the steepest implied tightening path in the developed world and trading like a currency nobody told.

The Australian Dollar (AUD) has everything a currency bull could ask for except a functioning customer, and Wednesday made that distinction expensive.

South Korea Unemployment Rate remains unchanged at 2.8% in May

Pound Sterling was handed a gift on Wednesday and dropped it within the hour.

The Japanese Yen just logged its weakest close in nearly two years on the same day US inflation printed a fresh cycle high, and the most interesting part of the session is what did not happen.

The US Dollar Index (DXY) trades with a firmer tone above 100.00 after May inflation data highlighted persistent price pressure in the United States (US). The headline Consumer Price Index (CPI) rose 4.2% YoY, accelerating from 3.8% previously, while it increased 0.5% on a monthly basis.

The EUR/USD pair trades near the 1.1550 region on Thursday as the Euro (EUR) remains little changed despite expectations that the European Central Bank (ECB) will raise interest rates at its upcoming policy meeting.

The Swiss Franc (CHF) weakens against the US Dollar (USD) on Wednesday as renewed tensions between the United States and Iran support demand for the Greenback, while traders show a muted reaction to the latest US inflation data.

The Canadian Dollar (CAD) pares some of its losses against the US Dollar (USD) on Wednesday after a brief bout of strength following the Bank of Canada's (BoC) monetary policy announcement. At the time of writing, USD/CAD trades around 1.3925, recovering from an intraday low of 1.3899.

Russia Consumer Price Index (MoM) meets forecasts (0.2%) in May

The Pound Sterling rose by over 0.19% on Wednesday after US inflation matched estimates, though the headline Consumer Price Index (CPI) reached a three-year high. The GBP/USD trades near 1.3400 after bouncing off daily lows of 1.3362.

The AUD/USD pair trades near 0.7020 on Wednesday, as the Australian Dollar (AUD) continues to lose value after the latest United States (US) inflation report was released mostly in line with expectations, reinforcing the view that the Federal Reserve (Fed) could keep interest rates elevated for long

The Euro (EUR) holds modest gains against the US Dollar (USD) on Wednesday as the Greenback comes under modest pressure following the release of US inflation data. At the time of writing, EUR/USD trades around 1.15548, up 0.15% on the day.

Scotiabank’s Shaun Osborne and Eric Theoret say the Japanese Yen (JPY) is soft and underperforming most G10 currencies despite stronger Producer Price Index (PPI) data, with markets fully pricing a 25 bps Bank of Japan (BoJ) hike next week and another by December.

Rabobank strategists Molly Schwartz and Christian Lawrence discusses Mexico in its latest Mexican Peso (MXN) Market Musings, noting that the Mexican Peso has gained against the US Dollar (USD) year-to-date but weakened recently.

NZD/USD trades around 0.5815 at the time of writing on Wednesday, little changed on the day, as investors digest a series of macroeconomic releases from China and the United States (US).

BNY highlights that European governments have raised a record USD 504 billion via syndicated bonds in 2026, driven by defense, infrastructure and energy-transition spending. Despite higher yields and rate uncertainty, demand remains strong, helping governments manage refinancing needs.

The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Wednesday as traders digest the latest US Consumer Price Index (CPI) data and await the Bank of Canada's (BoC) interest rate decision.

Rabobank’s Senior FX Strategist Jane Foley highlights that the Australian Dollar (AUD) has fallen from a top G10 performer to the bottom of recent rankings as growth momentum fades and USD strength weighs.