The Canadian dollar continues to strengthen against the U.S. dollar amid positive market sentiment and higher oil prices, with USD/CAD on the verge of breaching a key technical support.

EUR/USD rallies and threatens to break above a key technical resistance after hotter-than-expected German inflation data boosts European bond yields

US GDP drops quarter-on-quarter, but fundamental data remains robust despite rising interest rates and the recent banking turmoil. USD dips lower

Equities have continued to rally in today’s session, allowing the German Dax to break through key technical levels ahead of important inflation data.

Gold continues to benefit from the view that US borrowing costs are near their peak

GBP/USD traders have had difficult trading conditions so far this week with the pair stuck in a tight range. US data released today and tomorrow may change this.

Crude oil prices fell after a disappointing energy survey from the Federal Reserve. Over the remaining 24 hours, WTI remains vulnerable to a nasty surprise in US jobless claims.

The Japanese Yen ran lower going into Thursday with fiscal year-end approaching and a generally buoyant mood for markets with banking issues subsiding for now. Will USD/JPY go higher?