USD/MXN has broken below key multi-month support, forming a bearish rounding top pattern and signaling potential downside toward 19.10 and 18.70, Societe Generale's FX analysts report.
USD/CAD stabilized around 1.3980 during Thursday’s European trading hours, recovering earlier losses as the Canadian Dollar (CAD) came under pressure due to declining crude Oil prices.
The Eurozone economy expanded by 0.3% in the first quarter of 2025 (Q1), undermining the preliminary reading of 0.4%, according to the second estimate released by Eurostat on Thursday.
Current price action is non-trending; Pound Sterling (GBP) is likely to trade in a range between 1.3220 and 1.3320. In the longer run, buildup in momentum has faded; GBP is likely to trade in a 1.3140/1.3405 range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
EUR/USD slipped below 1.12 as a Bloomberg report helped the USD recover ground, but confidence in the greenback remains fragile ahead of key US data releases, Danske Bank's FX analysts report.
The dollar is drifting a little lower against major currencies and remains tarnished by April's events. US Treasuries continue to trade on a soft footing, and whether judged against the risk-free SOFR swap rate or German bunds, they have failed to reverse much of the spread widening seen in April.
There has been no increase in either downward or upward momentum; EUR is likely to trade in a 1.1130/1.1230 range vs US Dollar (USD). In the longer run, EUR is likely to consolidate between 1.1100 and 1.1290 for the time being, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
West Texas Intermediate (WTI) Oil price fell by approximately 3% on Thursday, extending the previous session’s losses of over 1%. WTI price is hovering around $60.70 per barrel during European trading hours.
The Pound Sterling (GBP) jumps slightly above 1.3300 against the US Dollar in North American trading hours. The GBP/USD pair gains as the US Dollar faces selling pressure after the release of the softer-than-expected United States (US) Producer Price Index (PPI) report for April.
NZD/USD appreciates after registering a loss of more than 0.50% in the previous session, trading around 0.5910 during the early European hours on Thursday.
Indian Rupee (INR) crosses trade on the front foot at the beginning of Thursday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 96.11, with the EUR/INR pair rising from its previous close at 95.43.
The EUR/GBP cross pares recent gains near 0.8430 during the early European session on Thursday. The Pound Sterling (GBP) edges higher after the release of UK growth numbers.
Platinum Group Metals (PGMs) trade with a negative tone at the beginning of Thursday, according to FXStreet data. Palladium (XPD) changes hands at $950.05 a troy ounce, with the XPD/USD pair easing from its previous close at $955.70.
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $60.97 per barrel, down from Wednesday’s close at $62.45.
The UK economy grew 0.7% QoQ in the three months to March 2025, following a 0.1% increase in the final quarter of 2024. The data beat the estimated 0.6% rise in the reported period.
The GBP/JPY cross remains under some selling pressure around 193.85 during the early European session on Thursday. The Japanese Yen (JPY) edges higher against the Pound Sterling (GBP) amid the prospect that the Bank of Japan (BoJ) will hike rates again.
Đăng ký cuộc thảo luận nàyThông báo cho tôi khi có ai đó đăng bài lên cuộc thảo luận nàyThông báo xảy ra trên trang web và qua email. Vui lòng cho biết tần suất nhận thông báo qua email mà bạn muốn nhận cho đăng ký nàyTần suất Email:
Đăng ký
| Viết đánh giá
Important Information Before You Sign Up as a Company
Before you proceed, please read this important information about our review and rating policies.
Do – Get real customer reviews and embed our ratings widgets
Do – Get real customer reviews and embed our ratings widgets
Showcasing real experiences builds trust and drives long-term success. Our widgets highlight authentic customer feedback, boosting credibility. They link directly to your review page, making it easy for customers to share their experiences—so place them where happy clients can see and contribute.
Don't – Attempt to trick our system with fake reviews
Don't – Attempt to trick our system with fake reviews
We outperform other platforms in detecting fake reviews—our system gets smarter with more reviews. Using automated and human analysis, we monitor review trends, company history, and network and engagement patterns to flag suspicious reviews. Spam reviews appear in the spam tab, alerting the community, and repeated abuse may trigger manual violations. The best strategy? Rely on real, satisfied customers to build your rating honestly.
Chia sẻ đánh giá của bạn!
Chúng tôi hy vọng bạn hài lòng với dịch vụ của chúng tôi và chúng tôi rất muốn nghe về trải nghiệm của bạn!
Nhấp vào một trong các liên kết sau để để lại đánh giá: