Most Important News for 2022-05-03

AUD/USD
EOD Return: 0.02%
Breaking: RBA lifts OCR by 25 bps to 0.35%, AUD/USD storms through 0.7100
"The article reports the RBA’s surprise 25‑basis‑point rate hike to 0.35%, directly driving AUD/USD up over 50 pips, which explains the strong 2.37% EOD return."
EUR/CHF
EOD Return: 0.00%
EUR/CHF: Franc to strengthen on possible energy supply stops in Europe – Commerzbank
"The article directly links the EUR/CHF pair to potential energy supply disruptions in Europe, a clear catalyst for CHF appreciation and a likely driver of the positive return."
EUR/GBP
EOD Return: -0.00%
Sterling to weaken as BoE rate announcement may trigger a dovish repricing across GBP curve – ING
"The article predicts a dovish stance from the Bank of England ahead of its meeting, which is expected to weaken the pound against the euro and explain the negative return."
EUR/JPY
EOD Return: 0.00%
EUR/JPY Price Analysis: Trapped around 136.50-138.00, as a head-and-shoulders looms and targets 130.00
"The article provides a detailed technical analysis with specific price levels (136.50‑138.00) and mentions a head‑and‑shoulders pattern that could limit upside, directly explaining the modest 0.12% gain."
EUR/USD
EOD Return: 0.01%
ECB may need to hike rates in the following meeting, board member Schnabel says
"ECB member Schnabel’s statement about a possible July rate hike signaled tighter policy ahead of the Fed, boosting confidence in the euro and driving EUR/USD higher."
GBP/USD
EOD Return: 0.01%
GBP/USD braces to 1.2500 ahead of crucial Fed-BoE policy meetings
"It directly links the GBP/USD movement to upcoming Fed and BoE monetary policy meetings, which were key catalysts for the day's strong gain."
NZD/USD
EOD Return: 0.02%
RBNZ Gov Orr: Cannot rule out a global recession in coming months
"The RBNZ governor’s statement on potential global recession and focus on keeping inflation expectations in check directly signals monetary policy stance, which is highly relevant to NZD/USD price movement."
USD/BRL
EOD Return: -0.01%
USD/BRL: Levels of 4.60 not justified – Commerzbank
"Commerzbank’s analysis highlighting ongoing depreciation pressure on the Brazilian real and expectations of continued weakness directly explains the USD/BRL decline."
USD/CAD
EOD Return: -0.01%
USD/CAD remains pressured towards 1.2800 with eyes on Fed
"It directly links the USD/CAD decline to upcoming Fed policy expectations and strong U.S. economic data, which are primary drivers of the currency’s movement."
USD/CHF
EOD Return: -0.01%
USD/CHF sees an establishment above 0.9800 on firmer DXY, Fed’s policy eyed
"It directly links the USD/CHF pair’s attempt to breach a key resistance level (0.9800) with expectations of a hawkish Fed stance, which would tighten liquidity and pressure the CHF, explaining the negative return."
USD/CNY
EOD Return: 0.00%
USD/CNY: Depreciation is unavoidable amid the contrast between the Fed and the PBoC – BBVA
"The article directly addresses the USD/CNY pair, explaining why depreciation is expected due to divergent monetary policies between the Fed and PBoC, which is highly relevant to the currency’s movement."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Indian rupee drops back towards 77.00 amid holiday mood in Asia
"The article directly discusses USD/INR movements, citing strong US Treasury yields and market sentiment ahead of the FOMC, which are key drivers for the currency’s decline."
USD/JPY
EOD Return: -0.01%
USD/JPY: The move above 130 is likely to establish this as a floor – HSBC
"The BoJ’s announcement of unlimited fixed‑rate bond buying broke the 130 level, establishing a new floor and weakening the yen, directly influencing USD/JPY’s decline."
USD/MXN
EOD Return: -0.01%
USD/MXN Price Analysis: In the 20.30/50 range with risks tilted to the upside
"The article highlights a short‑term correction in USD/MXN with the pair consolidating below key levels, directly explaining the 1.30% end‑of‑day drop."
USD/TRY
EOD Return: -0.00%
USD/TRY retreats from multi-week highs around 14.90
"The article explains that USD/TRY fell from its recent multi‑week highs near 14.90 and highlights the upcoming Turkish inflation data, directly linking to the currency’s downward move on that day."