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European Central Bank policymakers stressed on the need to remain vigilant against inflation risks though they were increasingly more confident that the rate would be brought to the 2 percent target by 2025, minutes of the December 13-14 policy session showed Wednesday.

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The EUR/USD pair builds on the overnight bounce from its lowest level since December 13, around the 1.0845 region, which coincides with the 200-day Simple Moving Average (SMA) and gains some follow-through traction on Thursday.

A police constable was arrested and an inspector is on the run in connection with a bribery case in Maharashtra, an ACB official said

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The EUR/USD pair trades little changed for a second consecutive day, changing hands at around 1.0880 ahead of the United States (US) opening.

The eurozone as a whole is still struggling to break free from sluggish growth.

Another positive set of results in US key indicators lent oxygen to the upside bias in the greenback and underpinned the tighter-for-longer narrative around the Fed.

The Euro (EUR) fell against most of its major currency peers on Thursday as Euro investors rebalance their exposure.

Rajan Salvi is a three-time legislator representing Rajapur Assembly constituency. He belongs to the Uddhav Thackeray-led faction of the Shiv Sena.