EUR/USD
EUR/USD remains indecisive around 1.1340 after a three-day uptrend to refresh the weekly top. In doing so, the major currency pair portrays the market’s mood during early Thursday morning in Europe.
GBP/USD
GBP/USD consolidates recent gains around the weekly top, down 0.10% intraday around 1.3350 during early Thursday.
USD/JPY
Early Thursday morning in Europe, Bank of Japan (BOJ) Governor Haruhiko Kuroda crossed wires via Reuters. The policymakers initially defended the Japanese central bank’s currency monetary policy while citing inflation concerns. BOJ’s Kuroda then stated, per Reuters, “Japan’s economic recovery to accelerate next year.”
AUD/USD
The AUD/USD pair reversed an early dip and was last seen trading near the monthly top, around the 0.7215-20 region heading into the European session.
NZD/USD
NZD/USD has rallied this week so far and is showing little signs of retreating at this juncture. Should the bull stay in control into the holidays, it will leave a bullish foundation for the New year.
USD/CAD
USD/CAD snaps a two-day pullback from the yearly top, up 0.09% intraday despite recently easing to 1.2840 ahead of Thursday’s European session.
USD/CHF
USD/CJHF is trading at 0.9133 and flat in the day. The pair is in a daily consolidation between the 0.9190 and 0.9250s as risk appetite bounced back. Risk appetite remained strong on Wednesday as Omicron concerns continued to fade, lifting global equities.
CRUDE OIL
WTI crude oil pierces $73.00 threshold to poke monthly high, flashed before two weeks, during Thursday’s Asian session.
GOLD
Gold grinds higher around the weekly top, rises for the second consecutive day. Optimism over US stimulus, Omicron studies favor bulls. The cautious mood ahead of US Durable Goods Orders, PCE Inflation for November joins China, White House updates to probe upside.
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