Important Levels to Watch for:

- Resistance line of 1.17931 and 1.18157.

- Support line of 1.17202  and 1.16977.

Commentary/ Reason:

- The euro edged up 0.2% to $1.1769 and held there early in the Asia session.

- The overnight mood had been further supported by hints at even more easing from the U.S. Federal Reserve in the minutes of its September meeting yesterday.

- EUR/USD also boosted by Wednesday's comment from ECB Governing Council member and Bundesbank President Weidmann, who said, "I wouldn't overinterpret" the risk to the economy from the euro's recent appreciation, adding that the economy has recovered "somewhat more quickly than expected," and there's no immediate need for additional fiscal stimulus.

- ECB will release its latest meeting minutes on Thursday.




Important Levels to Watch for:

- Resistance line of 0.91892 and 0.92010.

- Support line of 0.91508 and 0.91390.

Commentary/ Reason:

- The dollar little changed against the Swiss franc, last quoted at 0.9168 on Asian Thursday trade.




Important Levels to Watch for:

- Resistance line of 1.29498 and 1.29827.

- Support line of 1.28435 and 1.28107.

Commentary/ Reason:

- The British pound was quoted at $1.2929 on Thursday against the greenback as it reversed most of its earlier gains.

- Sterling lagged broad gains against the dollar overnight and were weighed in early Asian trade.

- Concerns that the latest Brexit talks were proving less promising than hoped dragged on the pound. The currency awaited cues from final round of Brexit trade negotiations as the expiry of the transition period approached at the end of the year.