Silver (XAG/USD) attracts some follow-through selling during the Asian session on Thursday and drops to its lowest level since September 19 in the last hour.

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

Silver price (XAG/USD) extends its losses to two-month lows, trading around $29.90 per troy ounce during the European 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.

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 US Dollar (USD) adds to more gains in the Trump trade rally, good for a fifth consecutive trading day with the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, reaching the highest level seen since November

Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed's officials want to see where it heads next.

Silver price (XAG/USD) discovers a temporary support near $29.70 in Thursday’s North American session.

The AUD/USD declined by 0.34% to 0.6470 in Thursday's session, extending its decline to a fresh three-month low of 0.6460.

Gold recovers some ground on Thursday yet remains trading below its opening price for the fifth consecutive day, undermined by the Greenback’s advance for its own fifth consecutive day.