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 104.40 at the time of writing on Thursday. The DXY edged higher

Gold price (XAU/USD) jumped higher on Thursday, gained over 1.00% at one point before fading back to $3,046 at the time of writing. The pop in the precious metal was infused by United States President Donald Trump, who issued fresh new tariffs.

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.

The Pound Sterling (GBP) recovers strongly to near 1.2965 against the US Dollar (USD) during North American trading hours on Thursday.

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%.

Russia Central Bank Reserves $ rose from previous $641.9B to $650.4B

EUR/USD jumps to near 1.0800 in North American trading hours on Thursday.

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.

United States Personal Consumption Expenditures Prices (QoQ) in line with forecasts (2.4%) in 4Q

United States Gross Domestic Product Price Index below forecasts (2.4%) in 4Q: Actual (2.3%)

United States Personal Consumption Expenditures Prices (QoQ) below forecasts (2.4%) in 4Q: Actual (2.3%)

United States Continuing Jobless Claims came in at 1.856M below forecasts (1.9M) in March 14

United States Initial Jobless Claims came in at 224K below forecasts (225K) in March 21

United States Goods Trade Balance came in at $-147.9B, below expectations ($-134.5B) in February

United States Core Personal Consumption Expenditures (QoQ) below expectations (2.7%) in 4Q: Actual (2.6%)

United States Personal Consumption Expenditures Prices (QoQ) meets expectations (2.4%) in 4Q

United States Gross Domestic Product Annualized came in at 2.4%, above forecasts (2.3%) in 4Q

United States Initial Jobless Claims 4-week average declined to 224K in March 21 from previous 227K

United States Wholesale Inventories came in at 0.3%, below expectations (0.4%) in February

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.

Mexico Trade Balance s/a, $ increased to $1.269B in February from previous $-0.423B

Brazil Mid-month Inflation came in at 0.64% below forecasts (0.7%) in March

Mexico Trade Balance, $ above forecasts ($-1.1B) in February: Actual ($2.212B)

Silver price (XAG/USD) advances to near $34.00 during European trading hours on Thursday.

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.”

South Africa Producer Price Index (MoM) dipped from previous 0.5% to 0.4% in February

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

South Africa Producer Price Index (YoY): 1% (February) vs previous 1.1%

British Finance Minister Rachel Reeves said on Thursday that “the UK is in intensive tariff talks with the Trump administration.”

NZD/USD is trading around 0.5740 during European hours on Thursday, recovering from losses in the previous session.