The Pound Sterling registers losses against the US Dollar in early trading during the North American session, sponsored by Bank of England´s (BoE) Catherine Mann's hawkish rhetoric.

EUR/USD continued to backslide on Wednesday, falling into 1.0550 and finding only a meager bounce from 54-week lows after US Consumer Price Index (CPI) inflation for October printed closely to median market forecasts.

The AUD/USD declined by 0.69% to 0.6490 in Wednesday's session.

The Australian Unemployment Rate is foreseen stable at 4.1% in October.

The shared currency stages a recovery against the Aussie Dollar on Wednesday, printing gains of over 0.18%, as traders await Australia’s job report.

GBP/USD eased further into the low end on Wednesday, trimming further south of the 200-day Exponential Moving Average (EMA) in a one-sided bearish decline as the pair closes in the red for a fourth consecutive trading day.

EUR/USD continued to drift into the basement on Wednesday, clipping into a 54-week low and settling within touch range of 1.0550.

Reserve Bank of Australia Governor Michele Bullock said on Thursday that the interest rates are restrictive enough and will stay there until the central bank is confident about inflation.

The USD/CAD pair gains momentum to near 1.4000, the highest level since 2020 during the early Asian session on Thursday, bolstered by the stronger Greenback.

The Australian Dollar (AUD) continues its losing streak against the US Dollar (USD) following the key economic data release on Thursday.

EUR/USD extends its decline for the fifth consecutive day, trading near 1.0550, marking fresh yearly lows during Thursday's Asian session.

The GBP/USD pair extends the decline to near 1.2685 during the Asian trading hours on Thursday.

The USD/CAD pair gains ground for the fifth successive day, trading around 1.4010 during the Asian session on Thursday.

The EUR/GBP cross trades with mild negative bias near 0.8310 during the early European session on Thursday.

The EUR/AUD cross gains ground for the third consecutive day, trading near the 1.6300 mark during the Asian session on Thursday.

The EUR/JPY cross gains traction to around 164.40 during the early European trading hours on Thursday.

Key FX advice for 2025 is not to overthink US Dollar (USD) strength and to trust the general direction of a stronger USD on the back of Trump’s domestic and trade agenda.

European Central Bank (ECB) Vice President Luis de Guindos said on Thursday that “all indicators on core inflation are pointing in the right direction.” Additional quotes Inflation has come down quite a lot.

Yesterday's US inflation figures provided little new information, with all figures coming in as expected: The headline rate rose by 0.2% and the core rate by 0.3% month-on-month, Commerzbank’s FX analysts Michael Pfister notes.

The future US president will appoint Elon Musk (together with Vivek Ramaswamy) to head a new office for government efficiency (independent of the Office of Management and Budget).

The AUD/USD pair extends its downside journey to near 0.6460 in European trading hours on Thursday.

The USD/CAD pair visits the psychological figure of 1.4000 in Thursday’s European session for the first time in more than four years.

The EUR/AUD pair trades in a tight range near the key resistance of 1.6300 in Thursday’s North American session.