Most Important News for 2022-01-11

AUD/USD
EOD Return: 0.01%
AUD/USD rallied 21DMA and probing 0.7200 level as buck suffers post-Powell testimony
"Powell’s post‑testimony remarks weakened the USD, directly lifting AUD/USD to near its 21‑day moving average and probing key resistance, which explains the strong 1.04% gain."
EUR/GBP
EOD Return: 0.00%
EUR/GBP hits multi-year lows for second session running under 0.8330
"The article reports EUR/GBP hitting multi‑year lows below 0.8330 and rebounding toward 0.8350, directly explaining the positive end‑of‑day return."
EUR/JPY
EOD Return: 0.00%
EUR/JPY rallies back above 131.00 as risk appetite improves as Powell sticks to the script
"The article links the EUR/JPY rally directly to Fed Chair Powell’s statement, indicating a clear catalyst for the positive price movement."
EUR/USD
EOD Return: 0.01%
Fed Chairman: the balance sheet runoff could happen "perhaps later in the year," cooling expectations for an aggressive tapering.
"Fed Chairman Powell’s remarks on a potential later balance‑sheet runoff and cautious tapering weakened the dollar, directly supporting the EUR/USD rise."
GBP/USD
EOD Return: 0.00%
GBP/USD breaks the 1.3600 threshold as Fed's Powell testifies at the US Senate
"Fed Chair Jerome Powell’s Senate testimony weakened the dollar, allowing GBP/USD to rally above 1.3600 and drive the day’s positive return."
NZD/USD
EOD Return: 0.01%
NZD/USD: Bulls attack 100/200 SMA confluence on softer USD, focus on China, US inflation
"Powell’s cautious testimony weakened the USD, directly supporting NZD/USD gains on that day."
USD/CAD
EOD Return: -0.01%
Bank of Canada to hike rates this month – Morgan Stanley
"The forecast of a surprise Bank of Canada rate hike by Morgan Stanley directly supports the Canadian dollar, explaining the USD/CAD decline on that day."
USD/CHF
EOD Return: -0.01%
USD/CHF Price Analysis: Remains bullish despite retreating from daily highs, hovers around 0.9235
"The article cites the Fed chief’s hearing for renomination as a key event that contributed to USD/CHF losses, directly linking the political development to the currency’s decline."
USD/CNY
EOD Return: -0.00%
USD/CNY fix: 6.3684 vs the previous fix of 6.3653
"The PBOC’s daily midpoint fix of the yuan at 6.3684 versus the previous fix directly influences the USD/CNY exchange rate, explaining the negative return."
USD/IDR
EOD Return: 0.00%
USD/IDR Price News: Rupiah prints four-day uptrend on firmer Indonesia Retail Sales
"The article highlights a strong 10.8% jump in Indonesia Retail Sales, directly supporting the rupiah’s appreciation and explaining the positive USD/IDR return."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Indian rupee rallies to fresh four-month highs near 73.80
"The article directly discusses the rupee’s recent rally to four‑month highs and highlights key support levels being breached, explaining the downward pressure that led to the -0.03% EOD return."
USD/JPY
EOD Return: -0.01%
Fed Chairman: the balance sheet runoff could happen "perhaps later in the year," cooling expectations for an aggressive tapering.
"Fed Chairman Powell’s remarks on the economy and balance‑sheet runoff directly influenced dollar sentiment, leading to a sharp decline in USD/JPY on that day."
USD/KRW
EOD Return: -0.01%
USD/KRW: South Korean won to strengthen in 2022 against the US dollar – MUFG
"The MUFG analysis predicts a strengthening of the KRW against the dollar, directly addressing USD/KRW dynamics and explaining the negative return on that day."
USD/MXN
EOD Return: -0.00%
USD/MXN Price Analysis: Unable to recover, remains near 20.30
"The article directly discusses the USD/MXN falling back to key support levels, indicating a likely downward pressure that aligns with the -0.16% EOD return."
USD/MYR
EOD Return: -0.00%
Malaysia: Foreign Portfolio inflows at highest since 2012 in December – UOB
"The article reports record-high foreign portfolio inflows into Malaysia, indicating stronger demand for the MYR and likely supporting a weaker USD/MYR exchange rate."
USD/TRY
EOD Return: -0.04%
USD/TRY looks consolidative below 14.00
"The article cites Turkey’s 10‑year yield edge to 23.70% and a $2.68B current‑account deficit, providing concrete economic data likely driving the USD/TRY decline."