Page 34 - Urrencies News Today

A review of things you need to know before you sign off on Thursday; Heartland makes surprise mortgage rate cuts, more houses sell at a loss, Auckland regional fuel tax killed, swaps up, NZD firm, & more

The EUR/USD pair builds on this week's recovery move from the 1.0720-1.0725 region, or its lowest level in almost three months and gains positive traction for the third successive day on Thursday.

The Japanese Yen (JPY) struggles to gain any meaningful traction during the Asian session on Thursday and remains below the weekly top touched against its American counterpart the previous day.

The AUD/JPY cross attracts some buying for the third successive day and rallies to a fresh weekly top, around the 96.85 region during the Asian session on Thursday.

Here is what you need to know on Thursday, February 8: Major currency pairs fluctuate in relatively tight ranges in the second half of the week as investors' search for fresh catalysts continue.

Asia Market Update: CN deflation persists; JP continues prep for exiting NIRP; Nikkei fresh 34-yr highs; US initial jobless in focus tonight.

EUR/USD registered small gains on Wednesday and continued to push higher toward 1.0800 early Thursday.

Market sentiment remains tethered to fading hopes of imminent rate cuts by major central banks..

In Thursday's session, the EUR/GBP pair is seen at 0.8540, posting modest gains.

In Thursday's session, the NZD/JPY staged a rally to land at 91.05, buoyed by steady a softening Yen due to the Bank of Japan’s (BoJ) dovish stance.