In New Zealand, a CPI indicator is published every month, but these monthly figures only cover the prices of around 44% of the basket of goods and services, Commerzbank's FX analyst Volkmar Baur notes.
Russia is pessimistic on a peace deal as it sees Europeans as the main obstacle now. Today there is a meeting in Paris during which the US Secretary of State Rubio and special envoy Witkoff will meet President Macron and other European officials to negotiate a deal.
Federal Reserve Chair Powell noted US President Trump’s trade taxes would raise inflation and lower economic growth. Markets have already worked this out, but Powell saying it has policy implications.
After losing 57,500 jobs in February, the Australian labour market rebounded slightly in March with 32,200 new jobs, Commerzbank's FX analyst Volkmar Baur notes.
EUR/CHF is clinging to key support at 0.9210, the lower boundary of its long-standing range. While the decline has paused, a clear move above the 200-DMA (0.9410/0.9430) is needed to confirm a short-term recovery.
The Turkish central bank (CBT) is unlikely to cut its main repo rate at today’s meeting, so soon after it had to emergency tighten rates inter-meeting following the market blow-up when Istanbul Mayor Ekrem was arrested.
The EUR/GBP cross struggles to capitalize on the previous day's goodish rebound from the 0.8525-0.8520 area or a fresh weekly low and attracts some intraday sellers on Thursday.
NZD/USD breaks its winning streak that began on April 9, slipping to around 0.5920 during Thursday’s European session. The pair remains subdued near its five-month high of 0.5945 level as the US Dollar gains traction, supported by stronger-than-expected consumer spending data.
AUD/JPY recovers its recent losses registered in the previous session, trading near 90.70 during Thursday’s European session. The recovery is largely driven by weakness in the Japanese Yen (JPY), following disappointing export data from Japan for March.
The US Dollar (USD) had another bad day on Wednesday, suffering several losses – EUR/USD even briefly traded above 1.14. However, this was not really due to the data, which was mixed at best.
Silver price (XAG/USD) falls sharply to near $32.50 in Thursday’s European session after failing to extend a 10-day rally above the key resistance of $33.00. The white metal corrects as the US Dollar (USD) strives to gain ground near its recent lows.
Fed Chair Jerome Powell delivered the clearest message since 'liberation day' yesterday, which was unquestionably hawkish, ING's FX analyst Francesco Pesole notes.
Today's ECB decision will be the highlight of the trading week. After the market briefly doubted that there would be another rate cut today, such a move is now almost fully priced in, Commerzbank's FX analyst Michael Pfister notes.
We expect a 25bp rate cut by the ECB today. Consensus is unanimous, and markets are fully pricing in the move, so the impact on the euro may prove limited, ING's FX analyst Francesco Pesole notes.
Platinum Group Metals (PGMs) trade with a negative tone at the beginning of Thursday, according to FXStreet data. Palladium (XPD) changes hands at $954.32 a troy ounce, with the XPD/USD pair easing from its previous close at $972.85.
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.22 per barrel, up from Wednesday’s close at $61.95.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.34 price posted on Wednesday, and trading at $65.54.
The USD/CAD pair strengthens to near 1.3885 during the early European session on Thursday. Hawkish remarks from Federal Reserve (Fed) Chair Powell and stronger Retail Sales provide some support for the Greenback. Trading volume is likely to be lightened ahead of the Good Friday holiday.
The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is slightly stronger, hovering around 99.50, buoyed by solid consumer spending data.
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press.
Despite looming tariff uncertainty, the US Dollat attempts a bounce heading toward Good Friday, fuelling a mild retreat in Comex Gold price from all-time highs of $3,358 reached early Thursday.
The EUR/GBP cross attracts some sellers to around 0.8590 during the early European trading hours on Thursday. The Euro (EUR) weakens against the Pound Sterling (GBP) as the European Central Bank (ECB) is anticipated to deliver a 25 basis points (bps) rate cut later in the session.
Încercați să vă conectați de pe un dispozitiv nou sau expirat. Vă rugăm să verificați acest dispozitiv prin introducerea codului de autorizare trimis pe adresa dvs. de e-mail.
Abonați-vă la această discuțieDoresc să fiu notificat atunci când cineva postează în această discuțieNotificările se transmit pe site și prin e-mail. Indicați frecvența cu care doriți să primiți notificări prin e-mail pentru acest abonamentFrecvența e-mailurilor:
Abonare
| Scrieți o recenzie
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.
Distribuiți recenzia dvs.!
Sperăm că apreciați serviciile noastre și ne-am dori să aflăm mai multe despre experiența dvs.!
Faceți clic pe unul dintre aceste linkuri pentru a lăsa o recenzie: