CHF: Swiss inflation shows early signs of stabilization – Commerzbank

Swiss inflation data for November indicate stabilization, keeping pressure on further rate cuts low and supporting the Swiss Franc (CHF).

GBP resilient amid budget scrutiny – DBS

The Pound Sterling (GBP) shrugged off Autumn Budget worries, supported by orderly gilt markets and cautious OBR growth forecasts. Softening US Dollar (USD) and Fed-cut expectations continue to drive GBP gains, DBS' Senior FX Strategist Philip Wee notes.

USD faces pressure as Fed policy expectations diverge – Commerzbank

US monetary policy expectations may be too hawkish, with political pressures potentially driving looser policy and weighing on the US Dollar (USD).

NZD/USD bounces up from session lows and approaches 0.5800

The New Zealand Dollar bears have been contained above the mid-range of the 0.5700s on Thursday, and the pair bounced up in the early European session, returning to levels five-month highs, near 0.5780.

Gold remains depressed below $4,200; lacks follow-through as traders await US data

Gold (XAU/USD) recovers slightly from the daily low, though it keeps the red below the $4,200 mark through the first half of the European session on Thursday amid mixed fundamental cues.