EUR/USD remains vulnerable above the psychological support of 1.0500 in European trading hours on Thursday.
The Mexican Peso (MXN) consolidates in its most-heavily traded pairs during the European session on Thursday.
EUR/USD looks to have been buffeted by events in Ukraine this week.
The AUD/USD pair attracts some dip-buyers on Thursday and sticks to its modest intraday gains, around the 0.6520 area during the first half of the European session.
Further range trading appears likely; soft underlying tone suggests a lower range of 1.2615/1.2685.
USD/CAD retraces its recent gains from the previous day as the commodity-linked Canadian Dollar (CAD) receives support from the improved crude Oil prices amid rising fears of supply disruption amid geopolitical tensions.
The Euro (EUR) is likely to trade in a range between 1.0505 and 1.0575.
The Pound Sterling (GBP) weakens against most of its peers on Thursday even though traders doubt whether the Bank of England (BoE) will cut interest rates again in the December meeting.
Here is what you need to know on Thursday, November 21: The US Dollar (USD) Index stays in a consolidation phase near 106.50 after closing in positive territory on Wednesday.
EUR/GBP appreciates after two days of losses, trading around 0.8340 during the Asian hours on Thursday.
The AUD/JPY cross trades in a narrow range near 101.05 during the early European session on Thursday.
The USD/CHF pair struggles to capitalize on the previous day's recovery from the vicinity of the 0.8800 mark or a one-week low and attracts fresh sellers during the Asian session on Thursday.
EUR/USD appreciates slightly after registering losses in the previous session, trading around 1.0550 during the Asian hours on Thursday.
The EUR/JPY cross meets with a fresh supply following the previous day's good two-way price swings and trades around the mid-163.00s during the Asian session on Thursday, down 0.20% for the day.
GBP/USD edges higher to near 1.2650 during the Asian trading hours on Thursday.
The Indian Rupee (INR) extends its decline on Thursday. The heightened geopolitical tensions and market reactions due to Donald Trump’s victory in the US presidential elections drag the local currency lower.
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Thursday and drags the USD/JPY pair away from the weekly top touched the previous day.
The Australian Dollar (AUD) retraces its recent losses on Thursday, buoyed by a hawkish outlook from the Reserve Bank of Australia (RBA) concerning interest rates.
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1934, as compared to the previous day's fix of 7.1935 and 7.2482 Reuters estimates.
The USD/CAD pair trades on a softer note around 1.3970 amid the modest decline in the Greenback during the early Asian session on Thursday.
GBP/USD struggled to find a direction on Wednesday, testing the bounds of the 1.2700 handle before facing a downside rejection and ending the midweek market session a fifth of a percent lower than it started.
The NZD/USD pair posts modest gains to around 0.5875 during the early Asian session on Thursday.
The Canadian Dollar (CAD) is back to its losing ways, backsliding 0.1% against the Greenback on Wednesday.
The AUD/USD declined by 0.64% to 0.6495 on Wednesday. The decline came after the pair touched a one-week high earlier in the session.
The Mexican Peso erased some of Tuesday's gains versus the Greenback as geopolitical risks continued to drive the financial markets amid a possible escalation of the Russia-Ukraine conflict.
The EUR/CAD fell by 0.29% on Wednesday, reaching a low of 1.4745, continuing its decline and reaching lows last seen in July.
GBP/NZD has been correcting back in a mini channel during November after peaking at the October 30 high.
The Pound Sterling lost ground versus the US Dollar on Wednesday following a hot UK inflation report, which increased the chances that the Bank of England (BoE) would pause its easing cycle.