The NZD/USD is around the 0.60570 mark as of this writing with its usual fast fluctuations and wide spread offering a casino like experience for speculators considering pursuit.
The GBP/USD exchange rate pulled back slightly after the US reported a stronger jobs report than expected. It retreated to a low of 1.3627, down from this week’s high of 1.3720, as focus shifts to the upcoming US inflation and UK GDP reports
Bitcoin price remained under pressure on Thursday as investors remained on the sidelines and as end divergence with the stock market gained steam. The BTC/USD pair retreated below 68,000, down sharply from the year-to-date high of 126,300.
The Australian dollar rally continued, reaching its highest level since 2024 after the US released a strong jobs report.
EUR/USD closed in negative territory on Wednesday as the US Dollar (USD) staged a rebound following the release of the labor market data for January. Early Thursday, the pair moves sideways in a narrow channel below 1.1900.
The GBP/USD pair reverses an early European session dip to the 1.3600 mark touched in the aftermath of mostly disappointing UK macro data, though it lacks follow-through buying or bullish conviction.