EUR/USD holds steady at around 1.1650 after starting the day under bearish pressure, as the Euro benefits from the Purchasing Managers’ Index (PMI) data releases from Germany and the Eurozone.

The USD/CAD pair touches its highest level since May 22 during the early part of the European session on Thursday, with bulls now awaiting a move beyond the 1.3900 mark before placing fresh bets.

Gold is reversing a part of the previous rebound from three-week lows of $3,311 in Thursday’s Asian session, awaiting the preliminary S&P Global US Manufacturing and Services PMIs for the next directional impetus.

EUR/USD consolidates near 1.1625 with a bearish bias, as traders await Eurozone PMI data and Powell’s Jackson Hole remarks for direction.

Gold (XAU/USD) slips to $3,335 support as the dollar strengthens, with traders eyeing Jackson Hole for Fed policy signals and key levels at $3,310–$3,410.

NZD/USD trades near 0.5819 as bearish pressure builds. Support sits at 0.5817, resistance at 0.5823, with Jackson Hole in focus.