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GBP/USD climbs despite Trump's auto tariffs, markets bet on UK exemption
The Pound Sterling rises during the North American session, against the Greenback even though the US President Donald Trump enacted automotive tariffs on all cars made outside of the United States (US).
USD/JPY refreshes three-week high near 151.00 despite correction in US Dollar
The USD/JPY pair posts a fresh three-week high near 151.00 during North American trading hours on Thursday.
AUD/USD Price Forecast: Wobbles around 0.6300
The AUD/USD pair trades sideways around 0.6300 in Thursday's North American session.
ECB's de Guindos: We are optimistic with regard to inflation
European Central Bank (ECB) Vice President Luis de Guindos said on Thursday that they are optimistic with regard to inflation and that they believe they will converge towards the inflation target on a stable basis in coming quarters, per Reuters.
US GDP expands by 2.4% in Q4 vs. 2.3% in previous estimate
The US Bureau of Economic Analysis (BEA) reported on Thursday that the United States' Gross Domestic Product (GDP) expanded at an annual rate of 2.4% in the fourth quarter. This reading came in above the market expectation and the previous estimate of 2.3%.
US: Initial Jobless Claims dropped a tad to 224K last week
US citizens filing new applications for unemployment insurance ticked lower to 224K for the week ending March 22, as reported by the US Department of Labor (DOL) on Thursday.
EU Commission: EU preparing response to new import tariffs announced by US
The European Union is preparing its response to new import tariffs announced by the United States, a spokesperson for the European commission said on Thursday, per Reuters.
US Dollar flat amidst more tariff uncertainty, ahead of GDP
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is currently flat to marginally lower after paring back earlier gains at 104.49 at the time of writing on Thursday.
ECB's de Galhau: Increase in long-term yields tightens financial conditions
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said Thursday that "an increase in long-term yields, all things being equal, tightens financial conditions."
Gold just a sigh away from fresh all-time high on Thursday
Gold price (XAU/USD) sprints higher on Thursday, gaining around 0.70% gains, trading at $3,040 at the time of writing.
EUR/USD recovers despite Trump threatening large-scale tariffs on Eurozone
EUR/USD trades higher around 1.0770 in European trading hours on Thursday.
UK's Reeves: UK is in intensive tariff talks with the Trump administration
British Finance Minister Rachel Reeves said on Thursday that "the UK is in intensive tariff talks with the Trump administration."
NZD/USD rises to near 0.5750 as China's Ding pledges support for private sector growth
NZD/USD is trading around 0.5740 during European hours on Thursday, recovering from losses in the previous session.
USD/CAD struggles to find acceptance above 1.4300 amid modest USD weakness
The USD/CAD pair builds on the previous day's modest bounce from the 1.4235 area, or over a one-month low, and gains some follow-through positive traction on Thursday.
Pound Sterling bounces back against US Dollar despite Trump's tariffs on automobiles
The Pound Sterling (GBP) recovers strongly to near 1.2925 against the US Dollar (USD) during European trading hours on Thursday.
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Thursday, according to FXStreet data.
AUD/JPY hovers near 95.00, downside risks appear amid increased risk aversion
AUD/JPY holds its ground after registering gains in the previous session, trading around 94.90 during early European hours on Thursday.
Forex Today: US Dollar retreats as markets assess tariff headlines, await mid-tier data releases
Here is what you need to know on Thursday, March 27:
ECB's Wunsch: A rate cut pause in April should be on the table
European Central Bank (ECB) policymaker Pierre Wunsch said on Thursday that "a rate cut pause in April should be on the table."
PBOC's Zou: China's monetary policy is supportive and relatively loose
People's Bank of China (PBOC) Deputy Governor Zou Lan said on Thursday that "China's monetary policy is supportive and relatively loose."
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