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CAD is little changed on the day - Scotiabank

The Canadian Dollar (CAD) is trading down slightly on the session versus the USD but holds a familiar range, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

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NZD/USD: May not be able to break clearly above 0.6000 - UOB Group

New Zealand Dollar (NZD) could rise further, but it may not be able to break clearly above 0.6000. In the longer run, momentum continues to suggest a higher NZD; it must first close above 0.6000 before further advances are likely, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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USD firms modestly ahead of PPI, JPY outperforms - Scotiabank

The US Dollar (USD) has firmed modestly against most major currencies in overnight trade, with the Japanese Yen (JPY) and Pound Sterling (GBP) bucking the trend. The JPY is outperforming in the wake of comments from US Treasury Sec.

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USD/CHF remains capped below 0.8070 ahead of US PPI, claims data

The US Dollar bounced up against the Swiss Franc on Thursday.

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USD/JPY slumps to near 146.50 as US Bessent anticipates BoJ interest rate hikes

The USD/JPY pair falls sharply to near 146.50 on Thursday. The pair faces a sharp selling pressure as the Japanese Yen (JPY) outperforms its peers, following comments from United States (US) Treasury Secretary Scott Bessent that the Bank of Japan (BoJ) would raise interest rates.

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AUD/USD: Might test the 0.6570 level before the risk of a pullback increases - UOB Group

Conditions are approaching overbought, but Australian Dollar (AUD) could test the 0.6570 level before the risk of a pullback increases. In the longer run, there has been a tentative buildup in momentum; AUD could rise to 0.6575, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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BoJ rate hike speculation around the turn of the year remains in place - Rabobank

The Trump Administration clearly does not adhere to the established set of norms on many fronts. Yesterday, US Treasury Secretary Bessent not only stated his view that Fed rates should be significantly lower, but he also had advice for the BoJ, Rabobank's FX analyst Jane Foley reports.

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Gold Price Forecast: XAU/USD is looking for direction above $3,340 support

From a technical perspective, XAU/USD is consolidating after reaching the target of a broken wedge pattern at $3,345.

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GBP/USD: Might test the major resistance at 1.3620 - UOB Group

Pound Sterling (GBP) may test the major resistance at 1.3620; it remains to be seen if it can break and hold above this level.

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Even more arguments for interest rate cuts by the Fed? - Commerzbank

Pressure is not only rising from the side of the US administration, calling for aggressive rate cuts. There are also increasing voices within the FOMC and the Board of Governors for interest rate cuts.

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AUD/USD declines to near 0.6530 even as Aussie employment data meets estimates

The AUD/USD pair trades 0.3% lower to near 0.6530 during the European trading session on Thursday. The Aussie pair faces pressure as the Australian Dollar (AUD) underperforms even as the Australian labor market data remained upbeat in July.

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USD/CAD bounces up to 1.3780 amid a moderate US Dollar recovery

The Canadian Dollar is trading lower against its US peer on Thursday.

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EUR/USD: There is scope for EUR to rise toward 1.1755 - UOB Group

Further Euro (EUR) strength is not ruled out; any advance is unlikely to threaten the resistance at 1.1755. In the longer run, price action suggests there is scope for EUR to rise toward 1.1755, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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EUR/NOK nears key 12.06/12.13 resistance - Société Générale

EUR/NOK is testing a major resistance zone near 12.06/12.13, with past attempts to break higher unsuccessful, leaving 11.73 as the key level to watch on the downside, Société Générale's FX analysts note.

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DXY: Bias for downside play - OCBC

USD continued to trade under pressure, as Fed fund futures shifted to fully price in a 25bp cut at the Sep FOMC. Treasury Secretary Scott Bessent said on Bloomberg TV interview that 'We could go into a series of rate cuts here, starting with a 50bp cut in September'.

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Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.

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Fed's Daly: Jumbo rate cut next month doesn't seem warranted

In a Wall Street Journal (WSJ) interview on Thursday, San Francisco Federal Reserve (Fed) President Mary Daly said, "a jumbo rate cut next month doesn't seem warranted."

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USD: Limited USD spillover from Bessent's Fed comments - ING

Treasury Secretary Scott Bessent's comments on the Fed yesterday added fuel to dovish Fed bets, ING's FX analyst Francesco Pesole notes.

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EUR/JPY price forecast: Falls toward 171.00 on signs of a potential bearish shift

EUR/JPY depreciates more than 0.5%, trading around 171.20 during the European hours on Thursday. The technical analysis of the daily chart suggests a shift from bullish to bearish momentum as the currency cross has broken below the ascending channel pattern.

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Eurozone GDP rises 0.1% QoQ in Q2 2025, second estimate confirms

The Eurozone economy grew 0.1% in the second quarter of 2025 (Q2), confirming the preliminary print, the second estimate released by Eurostat showed on Thursday.

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