USD/CAD extends its losses for the third successive session, trading around 1.4030 during the Asian hours on Thursday. The daily chart’s technical setup reflects a persistent bullish bias, with the pair remaining within its ascending channel pattern.

The NZD/USD pair is building on the previous day's post-Reserve Bank of New Zealand (RBNZ) move up and gaining strong follow-through positive traction on Thursday.

The GBP/JPY cross reverses a major Asian session dip on Thursday and remains well within striking distance of its highest level since July 2024, touched the previous day.

GBP/USD continues its winning streak for the sixth successive session, trading around 1.3260 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) struggles amid rising odds of Federal Reserve (Fed) rate cut bets in December.

The Japanese Yen (JPY) gains some positive traction during the Asian session on Thursday and stalls its modest pullback from a one-week top, touched against a broadly weaker US Dollar (USD) the previous day.

Silver price (XAG/USD) declines after three days of gains, trading around $52.80 during the Asian hours on Thursday.

The EUR/USD pair prolongs its uptrend for the fourth consecutive day and climbs beyond the 1.1600 mark, to a one-and-a-half-week top, during the Asian session on Thursday.

The Australian Dollar (AUD) gains against the US Dollar (USD) on Thursday, extending its gains for the fifth successive session. The AUD/USD pair gains ground as the US Dollar (USD) struggles amid rising odds of Federal Reserve (Fed) rate cut bets in December.

The USD/CAD pair holds onto Wednesday’s losses around 1.4030 during the Asian trading session on Thursday. The Loonie pair has been under pressure as the US Dollar (USD) remains fragile due to firm expectations that the Federal Reserve (Fed) will cut interest rates again this year.

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0779 compared to the previous day's fix of 7.0796 and 7.0733 Reuters estimate.

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

The USD/JPY pair struggles to capitalize on the previous day's bounce from the 155.65 area, or a one-week low, and meets with a fresh supply during the Asian session on Thursday.

GBP/USD accelerated into a fifth straight winning session on Wednesday, gaining another 0.55% on the day and pushing through the 1.3200 handle.

The EUR/USD registers back-to-back bullish days boosted by speculation that the Federal Reserve might cut rates at the December meeting, following the release of a strong jobs report. At the time of writing, the pair trades at 1.1595, up 0.22% after bouncing off daily lows of 1.1547.

The Canadian Dollar (CAD) found a fresh round of bidding strength on Wednesday, lurching into its highest levels against the US Dollar (USD) in a week.

The US Dollar (USD) remained on the back foot on Wednesday despite auspicious US data releases ahead of the Thanksgiving Day holiday. Meanwhile, investors continued to see the Federal Reserve delivering another rate cut in December.

The Japanese Yen (JPY) remains under pressure against the US Dollar (USD) on Wednesday despite a broadly weaker Greenback.

EUR/JPY trades higher on Wednesday around 181.30, up 0.40% at the time of writing. The cross benefits from improving risk sentiment as investors closely track political statements hinting at potential progress toward a peace agreement between Russia and Ukraine.

The EUR/GBP retreats on Wednesday after the latest UK’s budget revealed by the Chancellor Rachel Reeves seem to be well received by investors, which initially sold off the British Pound, which trimmed its earlier loses. At the time of writing, the cross trades at 0.8766 down 0.24%.

The Euro (EUR) holds firm against the US Dollar (USD) on Wednesday, with EUR/USD edging higher after a brief dip following the latest US economic data. At the time of writing, the pair is trading around 1.1580, recovering from a daily low of 1.1547.

The Canadian Dollar (CAD) is quietly consolidating for a fourth consecutive session and extending its tight range from last Friday, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The British Pound (GBP) edges higher against the US Dollar (USD) on Wednesday as markets digest the United Kingdom’s Autumn Budget, with traders weighing fresh fiscal measures and updated economic projections.

USD/CHF trades lower on Wednesday, around 0.8060 at the time of writing, down 0.10% on the day. The pair extends the correction initiated after reaching its near three-week high just above 0.8100, pressured by a broader bearish tone surrounding the US Dollar (USD).

The Yen is showing the weakest performance of the G8 currencies on Wednesday, which is supporting the USD/JPY to trim previous losses and return to levels near 156.50.

Brazil Mid-month Inflation came in at 0.2%, above forecasts (0.18%) in November

AUD/USD rallies as Australia’s October inflation prints hotter than expected, reinforcing the RBA’s hold stance and contrasting with aggressive Fed easing expectations, BBH FX analysts report.

The New Zealand Dollar (NZD) climbs after the RBNZ delivers a fully priced 25bps cut and signals an end to its easing cycle, setting the stage for potential NZD gains into 2026, BBH FX analysts report.

Pound Sterling (GBP) remains steady ahead of the UK Autumn Budget, with tax hikes expected to dominate and increased gilt sales likely, leaving GBP under pressure against major currencies, BBH FX analysts report.

AUD/USD strengthens on Wednesday, trading around 0.6500, up 0.45% on the day at the time of writing, after Australia’s new “complete” monthly inflation measure surprised to the upside.

Germany 10-y Bond Auction up to 2.67% from previous 2.62%