AUD/JPY extends its gains due to improved risk appetite on Wednesday.

USD/CHF appreciates as the Fed is expected to maintain higher interest rates for longer. Fed Vice Chair Philip Jefferson has advocated for keeping rates higher until signs of inflation easing become clear.

EUR/USD has recovered its recent gains registered in the previous session, trading around 1.0780 during the Asian session on Tuesday.

USD/CHF inches higher due to a firmer US Dollar driven by cautious remarks from Fed officials.

USD/CHF could depreciate as weaker US labor data initiated the discussion over the Fed adopting a less hawkish stance. US Initial Jobless Claims rose to an eight-month high of 231K, surpassing estimates of 210K.

GBP/USD is gaining ground after the release of higher-than-expected UK GDP data on Friday. The Pound Sterling may encounter challenges on a rate cut possibility by the BoE next month.

The USD/CAD pair edges higher to near 1.3690 during the Asian trading hours on Friday.

AUD/JPY gains ground as RBA is expected to maintain higher rates for an extended period. The fear of Japan’s intervention could limit the advance of the pair.

GBP/USD extends its losing streak for the third successive session, trading around 1.2490 during the Asian session on Thursday. Thursday brings the BoE interest rate decision, with expectations of maintaining interest rate at 5.25%.

EUR/USD extends its losses for the second successive session, trading around 1.0750 during the Asian session on Wednesday. The US Dollar (USD) gains ground due to the expectations of the Federal Reserve’s (Fed) prolonging higher interest rates.

USD/JPY extends gains for the second successive session, trading around 154.00 during the European hours.

West Texas Intermediate (WTI) crude oil price hovers around $78.50 per barrel during the Asian trading hours on Tuesday. The Oil prices experienced a slight increase following Israel's strike on Rafah in Gaza.

EUR/JPY continues to lose ground amid potential market intervention by Japanese authorities. BoJ data showed that Japanese authorities possibly expended approximately ¥6.0 and ¥3.66 trillion on Monday and Wednesday, respectively, to bolster the JPY.

The Australian Dollar continues its winning streak for the third successive session on Friday. The hawkish sentiment surrounding the Reserve Bank of Australia bolsters the strength of the Aussie Dollar, consequently, underpinning the AUD/USD pair.

USD/CAD gained ground as the US Dollar struggled after Fed Powell dismissed the speculation of further rate hikes. The improved market sentiment supports risk-sensitive currencies like the Canadian Dollar.

USD/CAD may continue to advance as technical analysis suggests a resurgence of bullish sentiment. A break above the 1.3800 level might propel the pair to revisit its five-month high of 1.3846.