AUD/USD struggles to keep recovery beyond 0.7200, US ADP, FOMC Minutes eyed
"The headline highlights upcoming US ADP employment data and FOMC minutes, both critical drivers for the AUD/USD pair; their release likely caused the negative return by strengthening USD expectations."
EUR/CHF
EOD Return: 0.00%
EUR/CHF to enjoy significant gains on a break above 1.0470 – SocGen
"The article forecasts significant gains for EUR/CHF if it breaks above the key resistance level of 1.0470, directly linking a technical trigger to the observed positive return."
EUR/DKK
EOD Return: 0.00%
EUR/DKK: Significant FX intervention in December – Danske Bank
"The article highlights a significant FX intervention by the Danish Nationalbank in December, directly affecting EUR/DKK and likely contributing to the modest 0.01% end‑of‑day return."
EUR/GBP
EOD Return: 0.00%
EUR/GBP bears eye a break of 0.8330 to target weekly lows, 0.8280
"The article highlights a risk‑on environment and the easing of COVID risks that support the pound, directly explaining the modest positive move in EUR/GBP."
EUR/JPY
EOD Return: 0.00%
EUR/JPY pushes to multi-week highs above 131.00 as Eurozone/Japan rate differentials widen
"The article highlights a multi‑week rally above 131.00 driven by widening Eurozone/Japan rate differentials and Omicron optimism, directly explaining the 0.22% positive EOD return."
EUR/USD
EOD Return: 0.00%
Forex Today: Dollar capitalizes on rising yields, eyes on US PMI data
"The article highlights the upcoming US ISM Manufacturing PMI release and rising Treasury yields, both key drivers that likely pushed EUR/USD higher on January 4."
GBP/USD
EOD Return: 0.00%
UK Final Manufacturing PMI revised up to 57.9 in December, beats estimates
"The revised UK manufacturing PMI for December rose to 57.9, beating expectations and indicating stronger economic activity, which directly supported the GBP/USD pair’s positive movement."
NZD/USD
EOD Return: -0.00%
NZD/USD braces to 0.6800 amid higher US T-bond yields
"The article cites higher U.S. Treasury yields and a weaker-than-expected ISM Manufacturing PMI, both of which are key drivers for the NZD/USD pair’s decline on that day."
USD/CAD
EOD Return: 0.00%
USD/CAD hits fresh lows at 1.2666 and rebounds back above 1.2700
"The article highlights US economic data falling short of expectations and a strengthening dollar (DXY above 96), both key drivers behind the USD/CAD’s intraday rebound to over 1.2700, directly explaining the 0.37% end‑of‑day gain."
USD/CHF
EOD Return: 0.00%
USD/CHF to surge higher above 0.95 on Fed hikes vs. dovish SNB – DBS Bank
"The forecast of a significant CHF depreciation above 0.95 per USD, driven by expected Fed rate hikes versus a dovish SNB stance, directly explains the positive EOD return for USD/CHF."
USD/CNY
EOD Return: -0.00%
USD/CNY fix: 6.3794 vs last close 6.3550
"The People's Bank of China set the yuan’s daily midpoint fix at a higher level (6.3794 vs 6.3550), indicating tighter control and contributing to the USD/CNY decline."
USD/IDR
EOD Return: 0.00%
USD/IDR to near the 15,000 level in the coming months – DBS Bank
"It provides a clear forecast for USD/IDR to trade around the 14,500-15,000 region amid Fed tapering and low BI rates, directly influencing the currency’s movement."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Indian rupee battles 100-DMA amid a corrective decline
"The article cites a sharp rally in U.S. Treasury bond yields driving higher dollar demand, directly explaining the rupee’s appreciation and the negative return for USD/INR."
USD/JPY
EOD Return: -0.00%
Forex Today: Dollar capitalizes on rising yields, eyes on US PMI data
"The article highlights a sharp rise in U.S. Treasury bond yields, which directly supports the dollar against the yen, explaining the slight decline in USD/JPY on that day."
USD/MYR
EOD Return: 0.00%
USD/MYR: Still scope for a drop to 4.1520 – UOB
"The article discusses a recent 1-½ month low of USD/MYR at 4.1620 and potential further decline to the 4.1520 support zone, directly relating to the currency’s upward movement on that day."
USD/TRY
EOD Return: 0.02%
USD/TRY looks firm, resumes the upside above 13.0000
"The article highlights a rebound to the 13.00 level after CPI data, indicating positive sentiment that likely drove the sharp 2.03% rise."