GBP/JPY corrects to near 211.30 as BoJ’s Ueda keeps rate hikes on table

The GBP/JPY pair is down 0.3% to near 211.30 during the early European trading session on Thursday. The pair corrects after a sharp upside move in the last two trading days as Bank of Japan (BoJ) Governor Kazuo Ueda has kept the door open for further interest rate hikes in the near term.

EUR/GBP edges higher above 0.8700 as UK political risks weigh on Pound Sterling

EUR/GBP holds positive ground near 0.8715 during the early European session on Thursday. Political risks in the United Kingdom (UK) drag the Pound Sterling (GBP) lower against the Euro (EUR). Traders will keep an eye on the European Central Bank (ECB) Christine Lagarde speech later on Thursday. 

Gold looks to build on strength beyond $5,200, eyes monthly peak amid safe-haven flows

Gold (XAU/USD) touches a fresh daily high heading into the European session on Thursday, with bulls looking to build on the momentum beyond the $5,200 mark.

BoJ’s Takata: Pace of future hikes will depend on economic, price, market developments

Bank of Japan (BoJ) Board Member Hajime Takata said on Thursday that it’s difficult to determine now the desirable pace of rate hike and terminal rate. Takata added that the pace of future rate hikes will depend on economic, price and market developments at the time. 

Australian Dollar reclaims three-year high against US Dollar on hawkish RBA bets

The Australian Dollar (AUD) trades firmly against its major currency peers, revisits the three-year high against the US Dollar (USD) around 0.7140 during the late Asian trading session on Thursday.