Most Important News for 2022-04-07

AUD/USD
EOD Return: -0.00%
AUD/USD awaits Trade Balance figures, sits within weekly resistance
"The article cites the Federal Reserve’s hawkish minutes as a key driver of AUD/USD falling from 0.7593 to 0.7485, directly explaining the day’s negative return."
EUR/GBP
EOD Return: 0.00%
EUR/GBP to plunge towards 0.82 over the coming months – ING
"The article directly forecasts a significant drop in EUR/GBP to 0.82, indicating strong downward pressure that aligns with the positive EOD return of 0.24%."
EUR/JPY
EOD Return: 0.00%
USD/JPY eyes a climactic move above 125 – Westpac
"The article discusses the Fed’s planned rate hikes and a potential move in USD/JPY above 125, which directly impacts EUR/JPY through its inverse relationship with the dollar."
EUR/SEK
EOD Return: -0.00%
EUR/SEK seen trading lower at 10.20 on a three-month view – Rabobank
"Rabobank’s downgrade of the three‑month forecast to 10.20 directly signals a bearish view for EUR/SEK, aligning with the day’s negative return."
EUR/USD
EOD Return: -0.00%
EUR/USD back below 1.0900 as a rising wedge targets 1.0700 despite hawkish ECB minutes
"The article highlights that despite hawkish ECB minutes, a risk‑off sentiment and Fed minutes dragged EUR/USD below 1.0900, directly explaining the slight decline in the pair’s end‑of‑day return."
GBP/USD
EOD Return: -0.00%
GBP/USD marches towards 1.3100 on falling yields, UK announces new sanctions on Russia
"The article links the GBP/USD decline to falling US Treasury yields and new UK sanctions on Russia, directly explaining the negative price movement."
NZD/USD
EOD Return: -0.01%
NZD/USD pressured to test 0.69 the figure
"The hawkish Fed minutes directly pressured NZD/USD, leading to a sharp sell‑off and the observed decline."
USD/CAD
EOD Return: -0.00%
USD/CAD attack 20-EMA at 1.2570 on weak oil prices
"The article highlights weak oil prices weakening the Canadian dollar and notes an upcoming Canadian unemployment report, both directly impacting USD/CAD and explaining the negative return."
USD/CHF
EOD Return: 0.00%
USD/CHF struggles for a firm intraday direction, stuck in a range below mid-0.9300s
"The article highlights the Fed’s hawkish stance driving the dollar and providing tailwind for USD/CHF, directly influencing its modest gain."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.3659 vs. last close 6.3588
"The article reports the PBOC’s daily midpoint fix for CNY, directly affecting USD/CNY rates and explaining the small positive return."
USD/INR
EOD Return: 0.00%
USD/INR to remain elevated as higher oil prices hits the Indian rupee – HSBC
"HSBC’s analysis links higher oil prices to a weaker rupee, directly explaining the USD/INR appreciation on that day."
USD/JPY
EOD Return: 0.00%
Forex Today: Dollar retreats after Fed-inspired upsurge, eyes on central bank speakers
"The article highlights the dollar rally reaching a two‑year high in the DXY, driven by Fed‑inspired momentum, which directly supports the USD/JPY rise on that day."
USD/RUB
EOD Return: 0.01%
USD/RUB recovers and goes back above the 200-DMA as sellers eye 78.0000
"The article highlights the ruble’s recovery above the 200‑DMA, indicating a bullish reversal that aligns with the 1.26% positive EOD return."
USD/SGD
EOD Return: 0.00%
USD/SGD to tick down towards 1.33 if MAS open up more upside room in the April decision – OCBC
"The article directly discusses the USD/SGD pair’s expected movement toward 1.33, linking it to MAS policy decisions that could influence the day's price change."
USD/TRY
EOD Return: 0.00%
USD/TRY advances to weekly highs around 14.75
"The article directly reports USD/TRY reaching weekly highs around 14.75, indicating a strong upward move that aligns with the positive EOD return."