Federal Reserve Bank of Atlanta President Raphael Bostic said he believes inflation pressures will continue throughout the year and that many businesses are still incorporating tariffs into prices at the Metro Atlanta Chamber's Board of Directors meeting on Thursday.

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said that, despite the low Initial Jobless Claims data, there is still strength in the job market in an interview with CNBC on Thursday.

Gold (XAU/USD) trades with a mild negative bias on Thursday as traders book profits following Wednesday’s surge to a fresh record peak near $4,643. At the time of writing, XAU/USD trades around $4,586, down nearly 1.0% on the day.

The British Pound (GBP) weakens against the Japanese Yen (JPY) on Thursday as renewed intervention speculation supports the Yen after its recent slump. At the time of writing, GBP/JPY hovers near 212.35, extending losses for a second consecutive day while holding near multi-year highs.

West Texas Intermediate (WTI) US Oil retreats for a second consecutive day and trades around $59.20 per barrel on Thursday at the time of writing, down 1.60% on the day. Crude Oil prices remain under pressure as concerns about a potential US military action against Iran gradually fade.

United States Export Price Index (MoM) came in at 0.5%, above expectations (0.2%) in November

According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance went down to 198K for the week ending January 10.

United States Continuing Jobless Claims declined to 1.884M in January 2 from previous 1.914M

United States Initial Jobless Claims came in at 198K below forecasts (215K) in January 9

United States Initial Jobless Claims 4-week average dipped from previous 211.75K to 205K in January 9

United States Import Price Index (MoM) above expectations (-0.1%) in November: Actual (0.4%)

United States Export Price Index (MoM) rose from previous 0% to 0.5% in October

United States Import Price Index (MoM) increased to 0.4% in October from previous 0%

Canada Wholesale Sales (MoM) came in at -1.8% below forecasts (0.1%) in November

United States Philadelphia Fed Manufacturing Survey above forecasts (-2) in January: Actual (12.6)

United States NY Empire State Manufacturing Index registered at 7.7 above expectations (1) in January

EUR/USD remains capped below 1.1640 on Thursday, trading at 1.1635 at the time of writing, and dangerously close to one-month lows, at 1.1618, despite the stronger-than-expected Eurozone Industrial Production figures seen earlier on the day.

The US Dollar remains bid against a somewhat softer Swiss Franc, weighed by a brighter market sentiment on Thursday. The Greenback keeps its bullish trend from late December lows in play, but has so far been unable to find acceptance above the 0.8020 area.

NZD/USD hovers around 0.5740 on Thursday at the time of writing, virtually unchanged on the day, as investors digest another round of strong US economic data and remain cautious ahead of the weekly US Initial Jobless Claims figures due later in the day.

Brazil Retail Sales (MoM) came in at 1%, above forecasts (0.3%) in November

UK economic growth surprised on the upside in November, with real GDP rising 0.3% month-on-month, led by gains in services and manufacturing despite continued weakness in construction, BBH FX analysts report.

The Pound Sterling (GBP) trades lower against its major currency peers, falls 0.2% to near 1.3420 against the US Dollar (US) on Thursday, following the release of the United Kingdom (UK) monthly Gross Domestic Product (GDP) data for November.

The Swedish Krona (SEK) remains strong in early 2026, trailing only the AUD among G10 currencies, supported by positive growth data, attractive interest-rate differentials, and expectations of future Riksbank hikes, Rabobank's FX analyst Jane Foley reports.

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades marginally higher to near its monthly high at 99.25.

US Dollar (USD) is mixed near this week’s highs. The run of Goldilocks-type US economic data continues to offer USD support. Consumer spending activity is holding up well.

Gold’s (XAU/USD) reversal from all-time highs found buyers near $4,580 on Thursday, before returning to levels past $4,600 during the European trading session.

The USD/JPY pair trades in a tight range around 158.50 during the European trading session on Thursday, but is close to its yearly high of 159.45 posted on Wednesday.

Italy Trade Balance EU fell from previous €-1.31B to €-1.959B in November

Italy Global Trade Balance below forecasts (€5.2B) in November: Actual (€5.078B)

Ireland Consumer Price Index (YoY): 2.8% (December) vs previous 3.2%