EUR/USD sherpa-treks higher on Thursday, with a foothold now above 1.0700 as it continues its labored recovery from the 1.0601 April lows.

Russia Central Bank Reserves $: $603.2B vs $600.7B

The US Bureau of Economic Analysis (BEA) will publish the first estimate of the US Gross Domestic Product (GDP) for the January-March period on Thursday.

Oil prices edge up on Thursday as traders digest the US Crude Inventory release, which was taken as bullish for near-term prices. Overall, the release showed a chunky draw of 6.368 million barrels, which puts the US inventory at its lowest level since

Gold price (XAU/USD) remains well-supported above the crucial support of $2,300 in Thursday’s early New York session.

The Mexican Peso (MXN), which is especially sensitive to risk aversion, trades overall lower on Thursday after weakening on souring market sentiment and rising geopolitical tensions.

There were 207,000 initial jobless claims in the week ending April 20, the weekly data published by the US Department of Labor (DOL) showed on Thursday.

The US Dollar (USD) is recovering after upbeat Personal Consumption Expenditures (PCE) print and upbeat Price Index numbers under the umbrella of the Gross Domestic Product (GDP) release. These elements ahead of the US PCE release on Friday

United States Personal Consumption Expenditures Prices (QoQ) increased to 3.4% in 1Q from previous 1.8%

United States Core Personal Consumption Expenditures (QoQ) above expectations (3.4%) in 1Q: Actual (3.7%)

United States Gross Domestic Product Price Index climbed from previous 1.7% to 3.1% in 1Q

United States Gross Domestic Product Annualized registered at 1.6%, below expectations (2.5%) in 1Q

United States Wholesale Inventories registered at -0.4%, below expectations (0.2%) in March

United States Initial Jobless Claims came in at 207K, below expectations (214K) in April 19

United States Continuing Jobless Claims below forecasts (1.81M) in April 12: Actual (1.781M)

United States Goods Trade Balance came in at $-91.8B below forecasts ($-91.2B) in March

United States Initial Jobless Claims 4-week average down to 213.25K in April 19 from previous 214.5K

The USD/JPY trades higher on Thursday, rising into the mid 155.00s, on the back of a recent step-rise in US Treasury Bond yields as the pair shrugs off yet more verbal intervention from the Japanese Finance Minister (MOF) Sunichi Suzuki.

The NZD/USD pair extends its winning streak for the fourth trading session on Thursday.

The Pound Sterling (GBP) advances to near the psychological resistance of 1.2500 against the US Dollar (USD) in Thursday’s London session.

South Africa Producer Price Index (YoY) rose from previous 4.5% to 4.6% in March

South Africa Producer Price Index (MoM) rose from previous 0.5% to 1.1% in March

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.

USD/CAD pares its recent gains registered in the previous session, trading around 1.3670 during the European hours on Thursday.

Gold prices rose in India on Thursday, according to data from India's Multi Commodity Exchange (MCX).

GBP/JPY attracts strong follow-through buying for the third successive day on Thursday.

“The risks to economic growth remain tilted to the downside,” the European Central Bank’s (ECB) Economic Bulletin showed on Thursday.

The EUR/GBP cross continues to lose ground for the third consecutive session, trading around 0.8570 during the European session on Thursday.

Gold price (XAU/USD) extends its consolidative price move above the $2,300 mark during the Asian session on Thursday as traders more cues about the Federal Reserve's (Fed) rate-cut path before placing fresh directional bets.

Silver Price (XAG/USD) finds interim support near $27 in Thursday’s European session after facing a sharp sell-off in the past week.