USD/CHF remains in the negative territory for the fourth successive day, trading around 0.7910 during the Asian hours on Thursday. The Swiss Franc (CHF) strengthens against the US Dollar (USD) on renewed safe-haven demand amid uncertainty over the United States (US)-Iran ceasefire.
The EUR/USD pair finds some support near the 1.1650 region during the Asian session on Thursday, and for now, seems to have stalled the previous day's late pullback from over a one-month high.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining flat after three days of losses and hovering around 99.00 during the Asian hours on Wednesday.
The Pound Sterling trades in a tight range around 1.3400 against the US Dollar (USD) during the Asian trading session on Thursday.
The NZD/USD pair gains ground to near 0.5830 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) following a hawkish pause from the Reserve Bank of New Zealand (RBNZ).
USD/CAD gains ground after three days of losses, trading around 1.3860 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) receives support from renewed safe-haven demand amid uncertainty surrounding the ceasefire agreement between the United States (US) and Iran.
Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said that domestic economy could see stronger growth this year if there was a swift resolution to the conflict in the Middle East, Reuters reported on Thursday. She added that the previous rate cuts were still providing some stimulus.
Silver (XAG/USD) is seen extending the previous day's modest pullback from the weekly high and drifting lower during the Asian session on Thursday. The white metal currently trades just below mid-$73.00s, down 2.0% for the day, and seems vulnerable to slide further.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.80 during the Asian trading hours on Thursday. The WTI price jumps after Iran accuses the US of violating elements of a two-week ceasefire agreement.
AUD/USD snaps a three-day winning streak, trading near 0.7030 during the Asian hours on Thursday.
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The EUR/USD pair trades with mild losses around 1.1655 during the early Asian session on Thursday. The Euro (EUR) softens against the US Dollar (USD) amid uncertainty surrounding the two-week ceasefire between the United States (US) and Iran.
