The dollar swung between gains and losses while the yen rose first day in five as repeated verbal warnings by Japanese authorities over the currency's weakness spurred intervention speculation.
The Bloomberg Dollar Spot Index drops 0.1% after six straight days of gains, fails to follow US yields higher.
US Treasury 10-year yield climbs 3 basis points to 4.636%, hovering near a 16-year high. Key data releases Thursday include US GDP, initial jobless claims.
USD/JPY falls 0.3% to 149.21, retreating from Wednesday's 11-month high of 149.71; Shunichi Suzuki said authorities will take appropriate responses against excessive currency moves, the third straight day of warnings by Japan's Finance Minister.
EUR/USD up 0.1% to 1.0517; German regional CPI data in focus. Germany's economy is on course for its first full year of contraction since the pandemic, according to projections by five institutes that advise the government.
GBP/USD snaps six day decline, climbs 0.3% to 1.2165 amid higher Gilt yields. AUD/USD advances 0.3% to 0.6370, taken higher in part by month-end demand by local exporters, according to an Asia-based FX trader.
Source : Bloomberg
