West Texas Intermediate (WTI) oil price loses ground after two days of gains, trading around $97.80 per barrel during the Asian hours on Thursday.
West Texas Intermediate (WTI) oil price loses ground after two days of gains, trading around $97.80 per barrel during the Asian hours on Thursday.
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).
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 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.
Gold price (XAU/USD) faces some selling pressure near $4,830 during the early Asian session on Thursday.
Australia’s Unemployment Rate rose to 4.3% in February from 4.1% in January, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in above the market consensus of 4.1%.
Japan Chief Cabinet Secretary Minoru Kihara said on Thursday that the government's stance to leave monetary policy decisions up to the Bank of Japan (BoJ) has not changed even after the Iran war.
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.
The Bank of Japan (BoJ) is expected to leave its benchmark interest rate unchanged at 0.75% at the end of its monetary policy meeting on Thursday, adopting a cautious stance as the Iran war-related spike in energy prices adds uncertainty to the economic and inflation outlook.