Page 67 - Urrencies News Today

In December, Reuters reports, Indias "digital rupee" crossed the milestone of more than one million transactions per day. Meanwhile, in early January, the European Unions central bank published a rulebook for, and Spains central bank selected "partners" in a pilot/test program for, their own central bank digital currencies (CBDCs). In the US, CBDCs remain at the debate stage.

In Thursday's session, the EUR/GBP was recorded at 0.8630, gaining 0.20% with a peak at 0.8640.

The EUR/JPY rallied on Thursday by more than 1%, but it remains below the Ichimoku Cloud (Kumo), meaning that its bearish bias stays intact.

The AUD/USD continued to backslide on Thursday, slipping back into the 0.6700 handle after a short-lived rally sparked by improving risk sentiment on the back of a better-than-expected print in China’s Caixin Services Purchasing Managers’ Index (PMI) for December.

The People’s Bank of China (PBoC) sets the USD/CNY central rate for the trading session ahead on Friday at 7.1029 as compared to the previous day's fix of 7.0997 and 7.1593 Reuters estimates.

Here is what you need to know on Friday, January 5: Following Thursday's indecisive action, the US Dollar (USD) started to gather strength against its major rivals early Friday.

The NZD/JPY soared sharply and posted gains of more than 0.70% on Thursday, courtesy of broad Japanese Yen (JPY) weakness across the board.

The greenback appears to have taken a break following the strong start of the new trading year on Thursday.

The selling pressure remained unabated around the Aussie dollar for yet another session on Thursday, this time prompting AUD/USD to put the 0.6700 support to the test.

The GBP/USD climbed into a new high for the year at 1.2771 after markets broadly went risk-on after the US Nonfarm Payroll (NFP) data release surged above median forecasts, adding 216K new jobs in December.