EURUSD Analysis: Support at 1.0620/1.0577, resistance at 1.0720/1.0850

AUD/USD holds steady above the weekly low following the release of mixed Australian employment data, which showed that the economy added 17.8K new jobs in January and the jobless rate held steady at 4.1%, compared to a rise to 4.2% expected. The data does little to temper bets for additional tightening by the RBA, doing little to influence the Aussie. The US Dollar, on the other hand, preserves the overnight gains led by less dovish FOMC Minutes and caps the upside for the currency pair.

USD/JPY consolidates the previous day's strong gains to over a one-week top, though the bias seems tilted in favor of bulls as worries about Japan's fiscal health and the upbeat market mood continue to undermine the safe-haven Japanese Yen. Meanwhile, the FOMC Minutes showed that Fed officials remain split over the necessity and timing of further rate cuts amid concerns about inflation, which acts as a tailwind for the US Dollar and should support the currency pair.

Gold price holds positive ground near $4,985 during the early Asian session on Thursday. The precious metal recovers amid shifts in geopolitical sentiment, boosting safe-haven demand. Traders will keep an eye on the release of US Initial Jobless Claims,  Pending Home Sales data, and the Fedspeak later on Thursday. 

Zora has launched a new attention markets feature on the Solana network, allowing users to trade and speculate on emerging online cultural trends.

Food inflation plunged in January, but service sector price pressure is proving stickier. We continue to expect Bank of England rate cuts in March and June. The latest UK inflation read is a mixed bag for the Bank of England, but we doubt it drastically changes the odds of a March rate cut.

European Central Bank (ECB) President Christine Lagarde may step down from her job earlier than her planned retirement in October 2027, according to a report by the Financial Times.