The compensation is for a land deal struck in the 1830s which the government did not honour.

EUR/USD extends its upside to near 1.0890 in Thursday’s North American session following Wednesday’s sharp recovery.

The commitment was announced in the budget on Wednesday

The Mexican Peso (MXN) recovers in its key pairs – USD/MXN, EUR/MXN and GBP/MXN – on Thursday after weakening for four days running.

The Pound Sterling (GBP) declines to near 1.2900 against the US Dollar (USD) in Thursday’s New York session, the lowest level in 10 weeks.

"The end could be in sight" for the recent downturn, CoreLogic economist says.

Gold (XAU/USD) declines after touching a new record all-time high of $2,790 on Thursday.

Clearly, the market has now nearly priced out the entire rise in supply risk premia associated with the conflict in the Middle East.

The Dollar’s reversal witnessed during Thursday’s Europen session has found support at the 152.00 area.

The USD/CAD pair struggles to establish above the key support of 1.3900 in Thursday’s North American session.

The NZD/USD pair refreshes a more than 11-week low slightly below 0.5950 in North American trading hours on Thursday.

The Pound Sterling dropped to a new two-month low of 1.2885 against the Greenback during the session, as UK Gilts rose sharply following the budget release.

The USD/CAD pair gained traction on Thursday, rising by 0.15% to 1.3920.

The Budget is about the long game on the economy and Reeves believes the current pain is a price worth paying.

The Dow Jones Industrial Average (DJIA) plummeted over 200 points or more than half a percentage point during the North American session on Thursday.

The US Dollar Index (DXY) trades softer on Thursday despite persistent inflation in the United States, as measured by the Personal Consumption Expenditure (PCE) Prices Index.

The US Dollar lost additional momentum on Thursday, primarily as the Japanese yen gained strong support following a slightly hawkish tone from the BoJ meeting, preventing the dollar from recovering any upward traction.

The Mexican Peso appreciated over 0.60% against the US Dollar on Thursday after posting losses for the fourth straight day.

The AUD/USD declined by 0.45% to 0.6545 in Thursday's session, remaining near an 11-week low of 0.6540 ahead of the US Nonfarm Payrrolls data on Friday.

Gold price retreated from all-time high on Thursday as traders failed to capitalize on falling US Treasury bond yields.

The EUR/USD pair extends the rally to 1.0885 during the early Asian session on Friday.

The GBP/USD pair remains on the defensive around 1.2895, the lowest since August 16 during the early Asian trading hours on Friday.