EUR/USD posts moderate lows on Thursday, trading at 1.1673 at the time of writing, approaching four-month lows, at the 1.1660 area.

The US Dollar is trading firm against its Canadian counterpart on Thursday, rallying for the fifth consecutive day, to reach a four-week high at 1.3888.

West Texas Intermediate (WTI) US Oil trades around $56.70 on Thursday at the time of writing, up 0.90% on the day. WTI prices rebound, supported by the release of inventory data showing a sharp decline in US Crude Oil stockpiles.

Brazil Industrial Output (YoY) below expectations (-0.1%) in November: Actual (-1.2%)

Mexico 12-Month Inflation came in at 3.69%, below expectations (3.8%) in December

Brazil Industrial Output (MoM) came in at 0%, below expectations (0.2%) in November

Mexico Core Inflation came in at 0.41% below forecasts (0.42%) in December

Mexico Headline Inflation below forecasts (0.4%) in December: Actual (0.28%)

South Africa Total New Vehicle Sales dipped from previous 54896 to 48983 in December

Gold (XAU/USD) deprecates for the second consecutive day on Thursday, after being rejected at $4,500. Bears are looking at a previous resistance area, at $4,400, amid generalised weakness for precious metals.

Gold (XAU/USD) remains under pressure on Thursday, with prices extending their pullback for a second consecutive day as bullish momentum fades following a rejection near the $4,500 psychological barrier. At the time of writing, XAU/USD trades near $4,425, down nearly 0.60%.

The Pound Sterling (GBP) extends the decline for the third consecutive day against the US Dollar (USD), trading near 1.3450 during the European trading session on Thursday.

The USD/JPY pair trades in a tight range around 156.70 during the European trading session on Thursday. The pair consolidates as investors shift focus to the United States (US) Nonfarm Payrolls (NFP) data for December, which will be released on Friday.

USD/CHF is holding near the middle of its 0.7900–0.8100 range as Swiss inflation prints came in line with expectations, BBH FX analysts report.

EUR/USD is trading lower near 1.1670 as the ECB’s latest consumer survey shows inflation expectations holding steady, supporting the case for rates to remain at 2.00%, BBH FX analysts report.

South Africa Manufacturing Production Index (YoY) dipped from previous 0.2% to -1% in November

Tentative increase in upward momentum suggests US Dollar (USD) could test 6.9950. In the longer run, outlook for USD is neutral now; it is likely to trade between 6.9660 and 7.0160, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

USD/JPY remains directionless near this week’s high as November labor cash earnings in Japan came in well below expectations, while full-time pay growth also eased.

US Dollar (USD) is likely to range-trade between 156.30 and 157.05. In the longer run, USD is likely to trade in a range between 155.60 and 157.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

US Dollar (USD) is up against most major currencies, with the Dollar Index (DXY) closing in on its next resistance level at the 200-day moving average. A break above would add upside momentum.

For several months now, a topic that had been somewhat overshadowed in recent years by episodes of increased inflation and recurring concerns about growth and public finances has resurfaced in British politics: Brexit.

The AUD/USD pair retraces further to near 0.6690 during the European trading session on Thursday from its over-a-year high of 0.6766 posted the previous day.

EUR/JPY trades around 183.00 on Thursday at the time of writing, virtually unchanged on the day, as relative support for the Japanese Yen (JPY), driven by expectations of monetary policy normalization in Japan, meets mixed European macroeconomic data released earlier today.

The Euro appreciates for the third consecutive day against a weaker British Pound on Thursday, approaching 0.8700, fuelled by upbeat Eurozone sentiment data and an unexpected decline in the region’s jobless rate.

NZD/USD is likely to trade in a range between 0.5740 and 0.5825, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Spain 10-y Obligaciones Auction rose from previous 1.463% to 1.508%

Spain 5-y Bond Auction climbed from previous 2.471% to 2.512%

Eurozone Business Climate up to -0.56 in December from previous -0.66

The Indian Rupee (INR) trades lower against the US Dollar (USD) during Indian trading hours on Thursday, after a decent upside move the previous day.

France 10-y Bond Auction climbed from previous 3.38% to 3.53%