Most Important News for 2022-03-31

AUD/USD
EOD Return: 0.00%
AUD/USD set to challenge multi-month highs around 0.7550 – Westpac
"Westpac’s forecast that AUD/USD could challenge multi‑month highs near 0.7550, driven by strong energy prices and resilient commodity exports, directly supports the pair’s upward move on March 31."
EUR/GBP
EOD Return: 0.00%
EUR/GBP Price Analysis: Corrective pullback could be seen as an opportunity for bulls
"The article provides a direct technical assessment of EUR/GBP’s recent sharp retreat from its YTD peak, highlighting key support and resistance levels that could influence intraday trading decisions."
EUR/JPY
EOD Return: 0.00%
EUR/JPY reverses sharply lower from near-157.00 intra-day highs to mid-154.00s as European stocks/yields drop
"The article explains a sharp reversal of EUR/JPY downwards due to risk‑off flows in European equities and falling Eurozone yields, directly relating to the currency’s movement on that day."
EUR/NOK
EOD Return: -0.01%
EUR/NOK: Scope for a move back to the 9.50 area – Rabobank
"Rabobank’s analysis explicitly forecasts a downward move toward 9.50, directly signaling expected selling pressure on EUR/NOK and aligning with the day’s negative return."
EUR/USD
EOD Return: -0.00%
EUR/USD plunges near 1.1070 on higher EU Unemployment Rate and safe-haven appeal
"The EU Unemployment Rate release directly impacted EUR/USD, causing a sharp plunge as higher-than-expected rates signaled weaker eurozone economic prospects."
GBP/USD
EOD Return: -0.00%
GBP/USD off from day’s high at 1.3140 ahead of UK’s GDP and US Jobless Claims
"The article highlights that GBP/USD fell after breaking its daily high, with traders reacting to upcoming UK GDP data and US jobless claims, directly linking the news to the negative price movement."
NZD/USD
EOD Return: -0.00%
NZD/USD failure at 0.7000 spurred a fall in the pair on a firm US dollar
"The article notes the NZD/USD failed to hold 0.7000, triggering a sell‑off amid a strong dollar and higher US Core PCE inflation, directly explaining the negative end‑of‑day move."
USD/CAD
EOD Return: 0.00%
USD/CAD struggles at 1.2500 on lower oil prices, stronger US dollar
"The article links lower oil prices and a stronger US dollar, plus the potential SPR release, directly explaining the USD/CAD’s modest gain on March 31."
USD/CHF
EOD Return: 0.00%
FX option expiries for March 31 NY cut
"The FX option expiries announcement for March 31 directly affects USD/CHF liquidity and pricing expectations, making it the most likely driver of the day's 0.30% move."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.3482 vs. last close 6.3485
"The PBOC’s daily midpoint fix directly sets the onshore yuan rate, which is a key driver of USD/CNY movements and explains the positive return."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Finds bids near 75.50 as the Russia-Ukraine truce optimism fades
"The article directly links the USD/INR movement to fading optimism over Russia‑Ukraine peace talks, a key geopolitical catalyst that likely drove the 0.09% rise."
USD/JPY
EOD Return: 0.01%
BOJ offers to buy unlimited amounts of 10-Year JGBs at 0.25%
"The BOJ’s announcement of unlimited 10‑year JGB purchases directly supported the yen, causing a sharp USD/JPY rally that contributed to the day’s positive return."
USD/MXN
EOD Return: -0.00%
USD/MXN: Likely to trade between 19.85 and 20.20 in the coming weeks – Rabobank
"The Rabobank forecast directly addresses USD/MXN levels and expectations for the Mexican peso’s performance, providing clear guidance that likely influenced the pair’s slight decline."