Forex Today: Trump slams Powell, US Dollar recovers from four-year lows

Financial markets were choppy on Thursday, with significant volatility during US trading hours. In the absence of other news, the focus was on United States (US) President Donald Trump, who said on Truth Social that the Federal Reserve (Fed) should substantially lower interest rates: “now!

AUD/USD recoils after setting fresh three-year high

AUD/USD hit a slippery slow patch on Thursday as volatility worsens across the board. The Australian Dollar (AUD) hit a three-year high against the US Dollar (USD), before falling back into the low side for the day as broad-market sentiment flows sour.

RBA: February rate hike expected – ING

Australia's CPI has exceeded expectations, with persistent inflation in services and housing, alongside resilient labor data.

EUR/USD trades flat as Dollar steadies, ECB flags Euro strength concerns

The Euro (EUR) trades little changed against the US Dollar (USD) on Thursday, with EUR/USD struggling to find direction as a firm Greenback caps upside attempts. At the time of writing, the pair trades around 1.1952 after touching its highest level in over four years earlier this week.

USD/CHF weakens as US Dollar struggles with political, institutional uncertainty

USD/CHF trades around 0.7660 on Thursday at the time of writing, down 0.40% on the day, under pressure from a broadly weaker US Dollar (USD) and increased demand for safe-haven currencies.