PBoC surprised markets by leaving rates unchanged, but MLF was a give away
"The PBoC’s decision to leave rates unchanged directly impacted AUD/USD, leading to a pullback and contributing to the -1.03% end‑of‑day decline."
EUR/CHF
EOD Return: 0.00%
EUR/CHF to continue its move downward in the coming months – Danske Bank
"The article directly forecasts a continued decline in EUR/CHF, predicting the pair will reach parity within six months, which aligns with the positive EOD return and indicates strong downward momentum for the euro against the franc."
EUR/GBP
EOD Return: 0.00%
EUR/GBP: Any dips to the 0.8250 area could be the low point of the year – ING
"The article from ING provides a concrete forecast that the EUR/GBP could drop to 0.8250, directly linking BoE rate hike expectations to a specific price level, making it highly relevant to the day's modest 0.17% rise."
EUR/JPY
EOD Return: 0.00%
EUR/JPY Price Analysis: Next on the upside appears 140.00
"It highlights a clear upside target of 140.00 after new highs at 139.70, directly indicating bullish momentum that likely drove the 0.19% gain."
EUR/NOK
EOD Return: 0.01%
EUR/NOK to edge higher in the near-term towards the 10.00 mark – Danske Bank
"The article directly forecasts a near‑term rise in EUR/NOK due to rising global recession risks, aligning with the observed positive EOD return."
EUR/SEK
EOD Return: 0.01%
EUR/SEK set to move downward as Riksbank poised to hike – Danske Bank
"The article directly links the EUR/SEK movement to an upcoming Riksbank rate hike decision, providing a clear catalyst for the currency pair’s price action on that day."
EUR/USD
EOD Return: -0.00%
EUR/USD: French TV debate to keep the euro subdued – ING
"The ING report highlighted the upcoming French TV debate between Macron and Le Pen, signalling that even a win for Macron would not likely lift EUR/USD significantly, setting a bearish tone for the day."
GBP/USD
EOD Return: -0.00%
GBP/USD to tumble under the 1.30 level over the next few months – Scotiabank
"Scotiabank’s forecast that GBP/USD will tumble below the 1.30 level due to BoE rate expectations directly signals bearish pressure, matching the day’s negative return."
NZD/USD
EOD Return: -0.01%
NZD/USD plunges to near 0.6780 on lower-than-expected NZ inflation at 6.9%
"The lower-than-expected NZ CPI at 6.9% directly pushed the NZD/USD below key resistance, driving the sharp decline in the pair’s value."
USD/CAD
EOD Return: 0.01%
USD/CAD drops to two-week low post-Canadian CPI, eyes 1.2500 mark amid weaker USD
"The release of unexpectedly high Canadian CPI figures on April 20 directly weakened the USD/CAD pair, driving a sharp intraday decline that contributed to the 0.64% end‑of‑day gain."
"It cites a significant 0.65% drop in the DXY and a 9‑basis‑point fall in US Treasury yields, directly linking USD weakness to the CHF’s rise, which explains the positive return."
USD/CNY
EOD Return: 0.00%
USD/CNY: Big policy divergence between China and the US to weigh on the yuan – Commerzbank
"The article highlights a significant policy divergence between China’s central bank and the US Federal Reserve, directly affecting expectations for the yuan’s value and explaining the sharp move in USD/CNY."
"The article reports that USD/JPY renewed 20‑year highs at 129.40 before the Bank of Japan’s bond market intervention caused a sharp pullback, directly explaining the pair’s strong intraday move and subsequent rally."
USD/TRY
EOD Return: 0.00%
USD/TRY to stabilize in a peg-like manner below the 15.00 mark – Credit Suisse
"The article directly discusses Turkish authorities’ measures to de-dollarize the corporate sector, indicating a likely peg-like stability for USD/TRY below 15.00, which aligns with the positive EOD return."
USD/ZAR
EOD Return: 0.02%
USD/ZAR to start trading at 15.50 if USD/CNH rises to 6.50 – ING
"The ING note directly links a rise in USD/CNH to a target of USD/ZAR at 15.50, providing a clear catalyst for the currency’s sharp move on that day."