The USD/JPY pair slides to near 154.00 in Thursday’s European session.

EUR/GBP continues trading in a range. The pair is probably now in a sideways trend and given the principle of technical analysis that “the trend is your friend” it will probably continue oscillating until it makes a decisive breakout one way or another.

AUD/USD has formed an interim trough near 0.6440 last week and has staged an initial bounce, BBH analyst note.

Turkey’s central bank (CBT) is scheduled to meet today for a rate decision: it is unanimously expected that the central bank will leave its key rate unchanged at 50%, Commerzbank’s FX analyst Tatha Ghose notes.

The USD/CHF pair consolidates in a tight range below 0.8850 in European trading hours on Thursday.

Given South Africa's exposure to China, the rand has been hit hard by the US election result and what it will mean for the Chinese economy and world trade next year, ING’s Chris Turner notes.

Last month (17 Oct), the European Central Bank (ECB) slashed interest rates, lowering policy rates by 25bps.

The US Dollar (USD) could pull back further; any decline is likely limited to a test of 154.35.

The Central Bank of Turkey (CBT) is expected to leave rates unchanged at 50% today.

The New Zealand Dollar (NZD) could retest the 0.5865 level before a rebound is likely; the strong support at 0.5850 is unlikely come under threat.

EUR/CHF remains on the low near 0.93, ING’s Chris Turner notes.

The Australian Dollar (AUD) is expected to trade between 0.6485 and 0.6535.

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.

NZD/USD extends its losses for the second consecutive day, trading around 0.5860 during the European hours on Thursday.

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.

The GBP/JPY cross pares its recent gains, trading around 195.80 during the early European hours on Thursday.

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.