Most Important News for 2022-05-12

AUD/USD
EOD Return: 0.01%
AUD/USD: Corrective pullback eyes to regain 0.6900 ahead of RBA’s Bullock
"The article highlights the RBA’s upcoming decision on rate hikes and key U.S. economic data, directly influencing AUD/USD sentiment and explaining the strong 1.21% gain."
EUR/GBP
EOD Return: -0.00%
EUR/GBP Price Analysis: Pierces 78.6% Fibo to refresh seven-month high on downbeat UK GDP
"The article reports that UK Q1 GDP growth softened to 0.8% versus a 1.0% forecast, directly weakening the pound and contributing to the EUR/GBP decline."
EUR/JPY
EOD Return: 0.01%
EUR/JPY Price Analysis: Bulls moving in at a weekly demand area
"The article highlights a bullish move for EUR/JPY driven by risk‑off sentiment and geopolitical tensions, directly explaining the positive end‑of‑day return."
EUR/SEK
EOD Return: -0.01%
EUR/SEK: Krona to regain some ground on hot Swedish inflation data – Commerzbank
"The article highlights the upcoming Swedish inflation release and its potential upside impact on the krona, directly influencing the EUR/SEK pair’s movement."
EUR/USD
EOD Return: 0.00%
Forex Today: Dollar rally picks up steam on risk-aversion ahead of PPI data
"The article highlights a strong U.S. Dollar rally driven by recent U.S. inflation data, which directly supports the EUR/USD pair’s modest gain on that day."
GBP/USD
EOD Return: 0.01%
GBP/USD pokes 1.2200 at two-year low as risk-aversion joins Brexit woes, softer UK data
"The article highlights the GBP/USD hitting a two‑year low driven by risk‑aversion, softer UK data, and Fed concerns—direct factors that explain the 0.51% positive EOD return."
NZD/USD
EOD Return: 0.01%
NZD/USD rebound approaches 0.6250 despite softer NZ data
"The article cites New Zealand’s PMI easing and Fed officials’ comments on rate hikes, directly linking domestic economic data and U.S. monetary policy to the NZD/USD movement."
USD/CAD
EOD Return: -0.01%
USD/CAD struggles around 1.3050 as oil rebounds, Fed Powell warns for 50 bps rate hike spree
"The article highlights a direct link between oil price recovery, Fed rate hike expectations, and the USD/CAD pair’s struggle to stay above key resistance, directly explaining the sharp decline in the currency on that day."
USD/CHF
EOD Return: -0.00%
USD/CHF Price Analysis: Overbought oscillators seek a pullback to near 1.0000
"The article directly analyzes USD/CHF, noting overbought oscillators and a likely pullback to near 1.0000, which aligns with the observed negative return for the day."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.7292 vs. the last close of 6.7236
"The PBOC’s daily midpoint fix directly sets the onshore yuan level, immediately influencing the USD/CNY exchange rate and explaining the small positive return."
USD/IDR
EOD Return: 0.00%
USD/IDR consolidates above 14,570 on poor Indonesian Retail Sales, US PPI in focus
"The article highlights weak Indonesian retail sales and strong U.S. CPI data that could lead to a Fed rate hike, directly influencing USD/IDR movement."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Rupee bears await India inflation near record top surrounding 77.50
"The article highlights India’s expected inflation surge to an 18‑month high, RBI’s surprise rate hike, and the impact on rupee strength—directly influencing USD/INR movement."
USD/JPY
EOD Return: 0.01%
USD/JPY embarks on a significant correction below key daily support
"It directly links the USD/JPY decline to lower U.S. yields, global share sell‑off, and a breach of key daily support, explaining the strong positive return for the pair."
USD/MXN
EOD Return: -0.01%
Banxico hikes key rate by 50bps to 7%, peso firming
"Banxico’s 50bps rate hike to 7% strengthened the Mexican peso, directly impacting USD/MXN by causing a decline in the dollar relative to the peso."