The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.

The monetary policy announcement from the Bank of England is the only major event due on an otherwise light day for European economic news. The nine-member monetary policy committee of the BoE is widely expected to keep the benchmark rate unchanged for the sixth consecutive meeting. At 5.25 percent, the current Bank Rate is the highest since early 2008.

European stocks may see modest gains at open om Thursday as investors react to solid Chinese trade data.

Indian shares opened lower on Thursday as higher bond yields and looming uncertainty over the ceasefire deal in Gaza overshadowed solid trade figures from China.

Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, as traders remain cautious and have been reluctant to make more significant moves amid lingering uncertainty over the outlook for interest rates after recent economic data and hawkish comments from some US Fed officials. Asian Markets closed mixed on Wednesday.

Euro-dollar sideways; Williams negative. Dollar up 0.4% vs. yen; ROC positive. Gold dips 0.2%; stochastic RSI oversold. Nike up 0.4%; MACD positive. Airbnb profits rise, bookings slow; Dow up, benchmarks cool. Europe index high; strong earnings. Upcoming: Japan's earnings, US jobless claims.

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Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: German industrial production slide brings closer ECB’s rate cut

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: US indices are heading towards highs

The USD/JPY pair is on the rise again this Wednesday, recovering more than half of its previous losses despite ongoing warnings from Japanese authorities about sharp fluctuations in the yen. Finance Minister Shunichi Suzuki reiterated today that the government is prepared to act against excessive currency volatility.