Most Important News for 2022-05-02

AUD/USD
EOD Return: 0.01%
AUD/USD steadies around 0.7050 ahead of RBA, Yields look to reclaim 3%
"The article highlights the upcoming Reserve Bank of Australia decision and rising US Treasury yields, both directly influencing AUD/USD movement on that day."
EUR/GBP
EOD Return: 0.00%
Bank of England: Focus definitely much more on forward guidance Danske Bank
"The Bank of England’s monetary policy decision directly influences the GBP, and expectations of a 25 bp hike with forward guidance signals were widely priced, making it the key driver for the EUR/GBP movement."
EUR/JPY
EOD Return: 0.00%
EUR/JPY Price Analysis: Retreats around 137.60 daily highs, below 137.00 as a head-and-shoulders formed
"The article highlights a clear technical pattern (head‑and‑shoulders) and forecasts a significant pullback toward 130, directly explaining the modest positive return observed for EUR/JPY on that day."
EUR/USD
EOD Return: 0.00%
Forex Today: Busy week starts with EU sentiment and US PMI data
"The article highlights the upcoming US ISM Manufacturing PMI release and its potential impact on EUR/USD, directly tying market expectations to the pair’s movement on that day."
GBP/USD
EOD Return: 0.00%
Bank of England: Focus definitely much more on forward guidance Danske Bank
"The Bank of England’s scheduled monetary policy announcement, expected to raise rates by 25 basis points, directly influences GBP/USD sentiment and likely drove the modest 0.05% gain on the day."
NZD/USD
EOD Return: 0.00%
NZD/USD Price Analysis: Weekly support and M-formation could see the bulls back in control
"The article highlights a potential bullish reversal with the weekly M‑formation and support levels, suggesting a shift that could explain the modest 0.08% rise in NZD/USD."
USD/CAD
EOD Return: -0.00%
USD/CAD Price Analysis: Climbs to fresh YTD top, descending trend-line breakout in play
"The article highlights that falling crude oil prices weakened the Canadian dollar, directly contributing to the USD/CAD decline on May 2."
USD/CHF
EOD Return: 0.00%
USD/CHF finds offers around 0.9740 as DXY steadies, investors await Fed’s policy
"The article highlights the upcoming Federal Reserve rate decision, a key driver for USD strength and CHF weakness, directly influencing the modest 0.08% rise in USD/CHF."
USD/CNY
EOD Return: 0.00%
USD/CNY to enjoy a gradual advance towards 6.80 by year-end – TDS
"The article provides a clear forecast of USD/CNY reaching 6.80 by year‑end, citing weakening current account, reduced portfolio inflows, and slowing direct investment—directly relevant to the currency’s price movement."
USD/INR
EOD Return: -0.00%
USD/INR Price Analysis: Rupee regains 76.50 even as India’s active covid cases jump to six-week high
"The article highlights a surge in India’s active COVID-19 cases to a six‑week high, combined with sluggish market sentiment and pre‑Fed uncertainty, all of which directly influence the USD/INR exchange rate movement."
USD/JPY
EOD Return: -0.00%
USD/JPY seesaws around 130.00 as Treasury yields refresh three-year high ahead of FOMC
"The article highlights a surge in US Treasury yields to the highest level since December 2018, driven by hawkish expectations ahead of the Fed meeting, which directly supports the USD and explains the slight decline in USD/JPY."
USD/KRW
EOD Return: -0.01%
USD/KRW falls after S. Korea says rapid FX rate changes are a problem
"The article directly addresses concerns about rapid FX rate changes in South Korea, signaling potential volatility for the KRW against the USD, which likely contributed to the negative return."