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⏱️ Coming up at 7:00am (Dubai Time): ‼️ ☢️ 🇯🇵 Japan Bank of Japan Short-Term Policy Interest Rate 📊 Quick update before the announcement: #USDJPY is down by -0.083% (-11.9 pips) to 142.44. Trading range for the day is at 77.8 pips. Please be careful as trading is risky during news releases.

🇪🇺 🇺🇸 EURUSD on Thursday rose 0.43% to 1.11588. What we know.

📆 Upcoming key economic events (Dubai Time): 🇯🇵 JPY Fri 07:00am Bank of Japan Short-Term Policy Interest Rate 🇬🇧 GBP Fri 10:00am Retail Sales Volumes (1-mth) 🇪🇺 EUR Fri 07:00pm European Central Bank's President Christine Lagarde speech

🏰 Thursday Europe Session Update: #Majors 🇪🇺🇺🇸 EURUSD rose +0.05% #eurusd 1.11283 🇬🇧🇺🇸 GBPUSD rose +0.23% #gbpusd 1.32426 🇺🇸🇯🇵 USDJPY rose +0.40% #usdjpy 143.596 🇺🇸🇨🇦 USDCAD dropped -0.21% #usdcad 1.35630 🇦🇺🇺🇸 AUDUSD rose +0.22% #audusd 0.68085 🇳🇿🇺🇸 NZDUSD rose +0.23% #nzdusd 0.62348 🇺🇸🇨🇭 USDCHF rose +0.23% #usdchf 0.85021 #Commodities 🛢️ Crude dropped -0.21% #crudeoil 70.491 ✨ XAUUSD dropped -0.48% #gold 2576.28 EURUSD edged higher by 0.05%, showcasing slight optimism towards the euro. The pair is currently trading at 1.11283, reflecting muted movements in the currency market. GBPUSD experienced a more notable rise, gaining 0.23% to sit at 1.32426. This suggests a stronger demand for the British pound in today's session, possibly indicating increased investor confidence in the UK's economic outlook. USDJPY climbed by 0.40% to reach 143.596, marking a significant increase. This suggests a stronger US dollar against the Japanese yen, possibly influenced by ongoing economic developments in Japan or the US. USDCAD fell by 0.21%, trading at 1.35630. The drop indicates that the Canadian dollar is gaining ground against the US dollar, potentially driven by domestic factors or commodity price movements. AUDUSD advanced by 0.22%, with the pair quoted at 0.68085, reflecting mild strength in the Australian dollar amid a favorable risk environment. NZDUSD also rose by 0.23%, hitting 0.62348. The increase highlights a positive sentiment towards the New Zealand dollar, possibly due to positive economic data or external factors supportive to the currency. USDCHF saw a rise of 0.23%, trading at 0.85021. This indicates that the US dollar is strengthening against the Swiss franc, often regarded as a safe-haven currency, which may suggest a broader risk-on sentiment in the market. In the commodities sector, crude oil prices dropped by 0.21%, bringing the price to 70.491. The decline reflects ongoing volatility in the energy markets and potentially softer demand forecasts. Gold prices fell by 0.48%, currently priced at 2576.28. The decrease in gold, a traditional safe-haven asset, may indicate a shift towards riskier assets in today's market environment, pointing to an overall positive market sentiment.

‼️ 🛢️🇺🇸 #USOIL hit an important resistance level of 70.988.

‼️ 🇬🇧🇺🇸 #GBPUSD hit an important resistance level of 1.32996.

⏱️ Coming up at 3:00pm (Dubai Time): ‼️ ☢️ 🇬🇧 U.K. Bank of England Interest Rate Decision (Bank Rate) 📊 Quick update before the announcement: #GBPUSD is up by 0.547% (72.2 pips) to 1.32719. Trading range for the day is at 134.5 pips. Please be careful as trading is risky during news releases.

‼️ 🇦🇺🇺🇸 #AUDUSD hit an important resistance level of 0.68235.

🌏 Thursday Asia Session Update: #Majors 🇪🇺🇺🇸 EURUSD rose +0.04% #eurusd 1.11215 🇬🇧🇺🇸 GBPUSD rose +0.03% #gbpusd 1.32092 🇺🇸🇯🇵 USDJPY rose +0.68% #usdjpy 143.187 🇺🇸🇨🇦 USDCAD dropped -0.02% #usdcad 1.35969 🇦🇺🇺🇸 AUDUSD rose +0.46% #audusd 0.67915 🇳🇿🇺🇸 NZDUSD rose +0.19% #nzdusd 0.62146 🇺🇸🇨🇭 USDCHF rose +0.38% #usdchf 0.84862 #Commodities 🛢️ Crude rose +0.42% #crudeoil 70.205 ✨ XAUUSD rose +0.48% #gold 2575.76 During the Thursday Asia session, the major currency pairs showed modest movements with mixed trends. The EURUSD saw a slight increase of +0.04%, trading at 1.11215, indicating minimal change within the European currency versus the dollar. GBPUSD also experienced a minor rise of +0.03%, settling at 1.32092. The USDJPY surged significantly by +0.68%, reaching 143.187, showcasing the yen's depreciation against the dollar. The USDCAD pair edged slightly lower by -0.02%, now at 1.35969, suggesting a strengthened Canadian dollar despite mild fluctuations. Meanwhile, the AUDUSD climbed by +0.46%, trading at 0.67915, reflecting a robust performance from the Australian dollar. NZDUSD also saw an increase of +0.19%, trading at 0.62146, echoing similar sentiments for the New Zealand dollar. The USDCHF rose by +0.38%, currently at 0.84862, indicating a stronger dollar against the Swiss franc. In the commodities market, crude oil prices rose by +0.42%, trading at 70.205 per barrel, while gold (XAUUSD) gained +0.48%, now priced at 2575.76, showing bullish trends in both crude oil and gold. Market sentiment appears cautiously optimistic, with most major currencies gaining against the USD except for the yen and the Canadian dollar. Commodity prices staying buoyant further adds to a positive outlook, underpinned by investor confidence in the non-U.S. assets.

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