Colombia Consumer Price Index (YoY) came in at 12.53%, above expectations (12.37%) in November

EUR/USD is staying firmly supported and hovering near two-day highs around 1.1750 on Thursday, shaking off the mild pullback seen a day earlier. The pair is benefiting from a friendlier risk backdrop, underpinned by easing EU–US trade tensions and a softer Greenback. Moving forward, markets’ attention will be on the release of flash PMIs in Europe and the US on Friday.

GBP/USD is picking up fresh momentum and confronting two-week tops near the 1.3500 yardstick on Thursday. In doing so, Cable is brushing off Wednesday’s brief stumble and getting back on its upward track, supported by continued selling pressure on the Greenback.

Gold is extending its rally on Thursday, approaching the area of record highs near $4,880 per troy ounce as the US Dollar pulls back. The move comes even as global risk appetite improves, after President Trump reversed course on Greenland, helping to ease broader geopolitical tensions.

Bitcoin rises marginally above $90,000, but intense ETF selling pressure continues to weigh on the asset. Ethereum trades around $3,000 amid broader crypto market volatility and waning institutional interest. XRP ticks up for the second consecutive day despite subdued retail demand.

What began as a sharp escalation risk quickly turned into a de-escalation signal. Earlier this week, markets briefly priced in escalation risk after Donald J. Trump proposed a 10% tariff hike on eight NATO nations amid the Greenland dispute.

Ripple (XRP) is consolidating above $1.90, a short-term support level, at the time of writing on Thursday. This mild uptick marks two consecutive days of a strengthening technical outlook, following recent market-wide volatility.