Most Important News for 2022-03-02

AUD/USD
EOD Return: 0.00%
AUD/USD bulls take a breather below 0.7300 as US President Biden confirms Russia flight ban
"The confirmation of a US airspace ban for Russian flights by President Biden directly impacts global risk sentiment, which is highly relevant to AUD/USD’s positive movement on the day."
EUR/CHF
EOD Return: -0.01%
EUR/CHF: There is little in the way of meaningful support until psychological 1.00 level – Credit Suisse
"The Credit Suisse analysis explicitly forecasts a sharp decline toward parity, directly explaining the significant negative return on EUR/CHF."
EUR/JPY
EOD Return: -0.01%
EUR/JPY to see a dramatic acceleration lower, 127.00 level at risk – Credit Suisse
"The Credit Suisse analysis directly forecasts a significant downward move for EUR/JPY, citing a break below key support levels and a potential retest of the December lows, which aligns with the observed 0.52% decline."
EUR/USD
EOD Return: -0.01%
Breaking: Eurozone Preliminary Inflation jumps to 5.8% YoY in February, a big beat
"The Eurozone’s preliminary February inflation reading jumped to 5.8%, far above expectations, strengthening the dollar and pushing EUR/USD lower."
GBP/USD
EOD Return: -0.00%
GBP/USD hangs near YTD low, below 1.3300 mark amid Ukraine crisis/stronger USD
"The article highlights the Ukraine conflict driving a stronger safe‑haven USD and pushing GBP/USD to its lowest level since December, directly explaining the significant decline."
NZD/USD
EOD Return: 0.00%
NZD/USD grinds higher around 0.6800 on upbeat mood, Ukraine-Russia peace talks eyed
"The article highlights a weekly high for NZD/USD and mentions positive market sentiment linked to potential Russia‑Ukraine ceasefire talks, directly supporting the currency’s 0.24% rise."
USD/CAD
EOD Return: 0.00%
When is the BoC monetary policy decision and how could it affect USD/CAD?
"It directly reports the Bank of Canada’s scheduled rate hike, which is a key driver for USD/CAD movement on that day."
USD/CHF
EOD Return: -0.00%
USD/CHF sticks to modest gains around 0.9200 mark ahead of US ADP report
"The article highlights USD/CHF’s modest intraday gains and the influence of a positive risk tone ahead of the US ADP report, directly relating to the currency pair’s movement on that day."
USD/CNY
EOD Return: -0.00%
PBOC: Will remain policy prudent to keep yuan stable
"The PBOC explicitly stated it will remain policy‑prudent and take measures to keep the yuan stable, directly influencing the USD/CNY exchange rate."
USD/JPY
EOD Return: -0.00%
USD/JPY bears seeking to break the US session lows near 114.70
"The article highlights a risk‑off environment with the yen strengthening and USD/JPY consolidating near key support at 114.70, directly explaining the slight decline in the pair’s end‑of‑day return."
USD/RUB
EOD Return: 0.07%
Sanctions on Russian exports could require another substantial devaluation of the ruble – Credit Suisse
"The Credit Suisse analysis highlights that new sanctions on Russian exports could force a substantial devaluation of the ruble, directly explaining the sharp USD/RUB gain."
USD/TRY
EOD Return: 0.01%
USD/TRY: Ukraine conflict reinforces downside risks for Turkish lira – MUFG
"The article directly links the Ukraine conflict to increased selling pressure on the Turkish lira, explaining a likely depreciation of TRY against USD and aligning with the positive EOD return."
USD/TWD
EOD Return: 0.00%
USD/TWD to trade in an elevated range of 27.80-28.20 over the next three months – Credit Suisse
"The Credit Suisse forecast directly addresses USD/TWD’s expected range and links it to geopolitical sensitivity, providing clear guidance that likely influenced the 0.16% move."