Most Important News for 2022-03-17

AUD/USD
EOD Return: 0.01%
AUD/USD pierces 0.7300 on upbeat Australia Employment, Ukraine-led risk-on mood
"The strong February employment data for Australia directly supported the AUD, driving a significant rally that matched the 0.54% EOD gain."
EUR/CHF
EOD Return: -0.01%
EUR/CHF: Limited scope for a substantial recovery even if situation in Ukraine eases – Commerzbank
"The Commerzbank analysis highlights that the Swiss franc remains strong due to ongoing war‑related safe‑haven demand, indicating limited upside for EUR/CHF and explaining its decline."
EUR/GBP
EOD Return: -0.01%
EUR/GBP about to test monthly highs at 0.8455
"The article highlights the Bank of England’s dovish rate hike that weakened sterling, directly driving EUR/GBP down toward its recent lows and explaining the negative return."
EUR/JPY
EOD Return: 0.00%
EUR/JPY rallying towards 132.00, eyeing push towards annual highs as Eurozone bond yields hit multi-year highs
"It directly links the EUR/JPY rally to Eurozone bond yields hitting multi‑year highs and expectations of continued ECB tightening, key drivers for the pair’s price movement."
EUR/USD
EOD Return: -0.00%
EUR/USD wanes back under 1.1100 but still holds on to solid post-Fed policy announcement gains
"The article highlights the impact of the Fed’s hawkish policy announcement on March 15, noting that EUR/USD had gained about 1% but was now falling back below key resistance at 1.1100, directly explaining the day’s negative return."
GBP/USD
EOD Return: 0.00%
GBP/USD plummets to 1.3100 mark on BoE's 8-1 rate hike vote distribution
"The BoE’s 8‑1 vote to raise rates by 25 bps on March 17 directly drove GBP/USD sharply lower, making it the key catalyst for that day’s price movement."
NZD/USD
EOD Return: 0.00%
NZD/USD advances near 0.6900 ahead of China’s stimulus, Fed’s policy weighs DXY
"It directly cites China’s helicopter money stimulus and upbeat New Zealand GDP data, both strong drivers of the NZD/USD rally on that day."
USD/CAD
EOD Return: -0.00%
USD/CAD struggles below 1.2680 amid higher oil prices
"The article highlights a rise in oil prices and a softer US dollar, directly supporting the Canadian dollar and explaining the USD/CAD decline."
USD/CHF
EOD Return: -0.01%
USD/CHF drops beneath the 0.9400 mark after Fed decision on mixed sentiment
"The Fed’s 25‑basis‑point hike and forward guidance on further tightening directly pressured USD/CHF, causing the pair to fall below key levels."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.3406 vs. the est 6.3298
"The People’s Bank of China set the daily midpoint fix for CNY at 6.3406, higher than the estimated 6.3298, directly supporting a stronger USD against CNY and driving the positive return."
USD/IDR
EOD Return: 0.00%
USD/IDR Price Analysis: Rupiah bulls eye key hurdle around $14,300 ahead of Bank Indonesia Rate
"The article discusses Bank Indonesia’s upcoming rate decision and key technical levels for the rupiah, directly influencing USD/IDR movement on that day."
USD/INR
EOD Return: 0.00%
USD/INR: Indian rupee appreciates on weak oil prices and DXY
"The article directly links the rupee’s appreciation to falling oil prices and a weak DXY, explaining the positive movement in USD/INR for that day."
USD/JPY
EOD Return: 0.00%
USD/JPY: Bulls print fresh six-year high at 119.10 on Fed’s interest rate hike
"The Fed’s 25‑basis‑point interest rate hike on March 17 directly strengthened the dollar, driving USD/JPY up to a fresh six‑year high and explaining the 0.50% EOD gain."
USD/MXN
EOD Return: -0.01%
USD/MXN Price Analysis: Drops below the 50 and 100-DMA, as bears eye 20.5000
"The article highlights that the USD/MXN pair was pressured after a US rate hike, which directly impacts the currency movement and explains the negative return."
USD/RUB
EOD Return: 0.04%
USD/RUB prints lowest low since March 2 on Ukraine / Russian peace talk hopes
"The article reports a strong ruble on hopes of Ukraine-Russia peace talks, directly supporting the USD/RUB pair’s significant rise."
USD/TRY
EOD Return: 0.01%
Turkey: CBRT leaves policy rate unchanged at 14% in March as expected
"The article reports the CBRT keeping its policy rate unchanged at 14%, directly influencing USD/TRY to rise toward 2‑day highs, matching the day’s positive return."