Trading news

Gold prices fell in India on Thursday, according to data compiled by FXStreet.

The EUR/USD pair loses ground to around 1.1785 during the early European trading hours on Thursday. The Euro (EUR) softens against the US Dollar (USD) as Eurozone inflation declined well below target ahead of the European Central Bank (ECB) interest rate decision.

GBP/USD extends its losses for the second successive session, trading around 1.3620 during the Asian hours on Thursday. The pair weakens as the Pound Sterling (GBP) comes under pressure ahead of the Bank of England’s (BoE) interest rate decision later in the day.

Indonesia Gross Domestic Product (QoQ) came in at 0.86%, above forecasts (0.68%) in 4Q

Indonesia Gross Domestic Product (YoY) came in at 5.39%, above expectations (5.01%) in 4Q

Silver price (XAG/USD) plunged over 10% after two days of gains, trading around $77.00 per troy ounce during the Asian hours on Thursday. Silver prices fall as precious metals face renewed selling pressure and increased volatility.

The Japanese Yen (JPY) continues with its relative underperformance on the back of worries about the country's financial health, fueled by Prime Minister Sanae Takaichi's expansionary fiscal plans.

USD/CAD extends its gains for the second successive session, trading around 1.3680 during the Asian hours on Thursday. The pair is supported by a firmer US Dollar (USD) as markets price in a slower pace of potential Federal Reserve (Fed) rate cuts.

The NZD/USD pair trades on a softer note near 0.5980 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) edges lower against the Greenback amid rising Unemployment Rates in New Zealand. Federal Reserve (Fed) Atlanta President Raphael Bostic is set to speak later on Thursday. 

The Australian Dollar (AUD) moves little against the US Dollar (USD) on Thursday following the release of Australia’s Trade Balance data, which showed the trade surplus widened to AUD 3,373M in December 2025, up from a downwardly revised AUD 2,597M in November and slightly above market expectations

US President Donald Trump said that he would have passed on Kevin Warsh as his nominee to lead the Federal Reserve (Fed) if Warsh had expressed a desire to hike interest rates, Bloomberg reported on Thursday.

Gold price (XAU/USD) jumps to around $5,005 during the early Asian session on Thursday. The precious metal rebounds following a period of intense volatility. Traders weigh the next round of US economic signals and the broader demand for safe-haven assets.

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.9570 compared to the previous day's fix of 6.9533 and 6.9468 Reuters estimate.

West Texas Intermediate (WTI) US Crude Oil prices seem to have stabilized following the previous day's good two-way price moves and traded around the $64.00 mark during the Asian session on Thursday.

Ireland AIB Services PMI dipped from previous 54.8 to 54.5 in January

Australia Trade Balance (MoM) came in at 3373M, above expectations (3300M) in December

Australia Exports (MoM) up to 1% in December from previous -2.9%

Australia Imports (MoM): -0.8% (December) vs previous 0.2%

The USD/JPY pair extends the rally to around 156.85 during the early Asian session on Thursday. The Japanese Yen (JPY) weakens to a two-week low against the US Dollar (USD) amid concern over Japan's fiscal health under Prime Minister Sanae Takaichi's expansionary spending policy.

Japan Foreign Investment in Japan Stocks rose from previous ¥328.1B to ¥494.6B in January 30