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The Australian Dollar (AUD) snaps its three-day winning streak following the release of unchanged Final Retail Sales and downbeat Trade Balance data from Australia on Friday.
GBP/USD hovers around 1.2650 during the Asian session on Thursday.
The US Dollar Index (DXY), which gauges the value of the US Dollar (USD) against the six major currencies, remains in the negative territory for the third successive day, hovering around 104.20 during the Asian trading hours on Thursday.
The Australian Dollar (AUD) continues to gain ground on the third successive session after improved Judo Bank Purchasing Managers Index (PMI) data released on Thursday.
The Canadian Dollar (CAD) saw soft gains on Wednesday as markets steadily ate away at last week’s surge in the US Dollar (USD) that sent the Loonie skidding into multi-month lows.