India M3 Money Supply: 12.1% (December 22) vs 9.3%

United States EIA Natural Gas Storage Change registered at -119B, below expectations (-109B) in January 2

The Japanese Yen (JPY) trims earlier gains against the US Dollar (USD) on Thursday, as the Greenback strengthens broadly following the latest US economic releases. At the time of writing, USD/JPY trades around the 157.00 mark, pushing higher for a third consecutive day.

NZD/USD trades lower and holds around 0.5750 on Thursday at the time of writing, extending a negative trend seen over recent days. The pair reflects a weakening New Zealand Dollar (NZD), a risk-sensitive currency, as investors remain cautious.

United States Wholesale Inventories meets forecasts (0.2%) in October

The Japanese Yen (JPY) remains incredibly quiet as it extends the tight consolidation that we’ve observed over the past couple of weeks, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

Turkey Treasury Cash Balance fell from previous 56.39B to -333.15B in December

Turkey Treasury Cash Balance dipped from previous 56.39B to -333B in December

The Pound Sterling (GBP) is soft and down a fractional 0.1% vs. the US Dollar (USD), extending its modest pullback from Tuesday’s multi-month high, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Euro (EUR) is entering Thursday’s NA session unchanged vs. the US Dollar (USD) as it consolidates its recent pullback within the flat range from June, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Canadian Dollar (CAD) has leaked steadily lower so far this week, extending its post-Christmas slide to the upper 1.38s, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

Gold (XAU/USD) remains under pressure on Thursday, with prices extending their pullback for a second consecutive day as bullish momentum fades following a rejection near the $4,500 psychological barrier. At the time of writing, XAU/USD trades near $4,425, down nearly 0.60%.

The Euro (EUR) edges lower against the US Dollar (USD) on Thursday, with EUR/USD extending its slide as the Greenback builds on recent gains following the release of US weekly labour-market data.

Both manufacturing PMIs rose back to expansion territory in December. Both composite PMIs up for the first time since September. • Still more targeted support and piecemeal monetary easing expected this year, ABN AMRO's Senior Economist Arjen van Dijkhuizen reports.

The US Dollar (USD) is tracking generally firmer against the major currencies but gains are less apparent for the DXY as the EUR, CHF and JPY are essentially holding up and trading little changed on the session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

United States Goods Trade Balance climbed from previous $-79B to $-59.1B in October

Silver (XAG/USD) trades around $75 on Thursday at the time of writing, down 4.20% on the day, in an otherwise calm market environment.

According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance went up to 208K for the week ending January 3.

United States Unit Labor Costs down to -1.9% in 3Q from previous 1%

United States Continuing Jobless Claims increased to 1.914M in December 26 from previous 1.866M

United States Goods and Services Trade Balance came in at $-29.4B, above expectations ($-58.9B) in October

Canada International Merchandise Trade above expectations ($-1.4B) in November: Actual ($-0.58B)

Canada Exports climbed from previous $64.23B to $65.61B in November

United States Initial Jobless Claims below expectations (210K) in January 2: Actual (208K)

United States Initial Jobless Claims 4-week average fell from previous 218.75K to 211.75K in January 2

Canada Imports climbed from previous $64.08B to $66.19B in November

AUD/USD has led G10 currencies year-to-date, supported by speculation that the RBA could be the first to hike rates, though recent comments from Deputy Governor Hauser suggest a more cautious approach.

Market participants who held onto the Japanese Yen (JPY) were probably glad to see the end of the year, once again. The Yen managed to gain ground against the weak US dollar in 2025 by a small margin.

The Euro (EUR) trades little changed against the Swiss Franc (CHF) on Thursday, with markets digesting fresh economic data from Switzerland and the Eurozone. At the time of writing, EUR/CHF is trading around 0.9313, snapping a two-day winning streak.

EUR/USD posts moderate lows on Thursday, trading at 1.1673 at the time of writing, approaching four-month lows, at the 1.1660 area.