EUR/USD
EUR/USD holds its rebound to near 1.1750 in European trading on Thursday, after registering more than 0.5% losses in the previous session. The pair benefits from a modest retreat in the US Dollar across the board as traders turn cautious ahead of a slew of US data releases and speeches from Fed officials.
GBP/USD
The GBP/USD pair recovers some lost ground to around 1.3460 during the Asian trading hours on Thursday. The US Dollar weakens against the Pound Sterling as traders await more cues from the Fedspeak later on Tuesday. Also, the final print of the US Gross Domestic Product growth for the second quarter, Durable Goods Orders and weekly Initial Jobless Claims will be published.
USD/JPY
The Japanese Yen (JPY) sticks to the hawkish Bank of Japan (BoJ) Minutes-inspired gains through the Asian session on Thursday, though it lacks bullish conviction and remains close to a three-week low touched against the US Dollar (USD) the previous day. Investors remain concerned that domestic political uncertainty and economic headwinds stemming from US tariffs could give the BoJ more reasons to delay raising interest rates. This, in turn, is acting as a headwind for the JPY.
AUD/USD
The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday, recovering recent losses from the previous session. The AUD/USD pair gains ground as the Greenback remains steady ahead of the US Gross Domestic Product (GDP) Annualized for the second quarter (Q2) due later in the day. Traders will also likely observe the comments from US Federal Reserve (Fed) officials.
NZD/USD
The NZD/USD pair remains on the defensive around 0.5815 during the early Asian session on Thursday. Federal Reserve (Fed) Chair Jerome Powell struck a cautious tone on further easing on Tuesday, supporting the US Dollar (USD). The final reading of the US Gross Domestic Product (GDP) for the second quarter (Q2) will take center stage later on Thursday.
USD/CAD
USD/CAD halts its three-day winning streak, trading around 1.3890 during the Asian hours on Thursday. The pair loses ground as the US Dollar (USD) corrects downwards after registering more than 0.5% gains in the previous session.
USD/CHF
The Swiss National Bank (SNB) interest rate decision is scheduled this Thursday, September 25, 2025, at 07:30 GMT, which will be followed by the post-meeting press conference at 08:00 GMT. The central bank is widely expected to leave its policy rate unchanged at 0.0% for the second straight meeting after six consecutive rate cuts since March of last year.
CRUDE OIL
Oil prices eased in Asian trade on Thursday, retreating from a seven-week high reached in the prior session as some investors took money off the table due to uncertainty around the supply-demand outlook.
Gold extends its sideways consolidative price below below the $3,750 level through the Asian session, though it manages to hold above the previous day’s swing low. Fed Chair Jerome Powell’s cautious remarks earlier this week might have tempered market expectations for a more aggressive policy easing and acted as a headwind for XAU/USD.
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