EUR/USD
EUR/USD inched up extending modest gains from the previous session, as U.S. Treasury prices surged ahead of Friday's critical national employment situation report. The currency pair traded in a range of 1.0875 and 1.0940 before settling at 1.0920, up 0.15% on the session.
GBP/USD
The pound pulled back from session lows against the dollar on Thursday after Bank of England Governor Mark Carney said the time for a rate hike is drawing closer, but added that the timing could not be predicted. The pound turned broadly lower earlier after the minutes of the BoE’s August meeting showed that just one monetary policy committee member voted in favor of a rate hike this month. Eight members of the bank’s monetary policy committee were in favor of leaving the key interest rate at a record low of 0.5%. Ian McCafferty was the lone dissenter, voting for a quarter percent rate hike. GBP/USD was last at 1.5520, off 0.50% for the day, up from session lows of 1.5470.
USD/JPY
The dollar was steady against the yen on Thursday as investors turned their attention to Friday's nonfarm payrolls data for further indications on potential September rate hike in the U.S. USD/JPY traded at 124.80.
