Most Important News for 2022-05-17

AUD/USD
EOD Return: -0.01%
AUD/USD renews intraday high around 0.7000 on RBA Minutes, US Retail Sales, Fed’s Powell eyed
"The article highlights hawkish RBA minutes combined with upcoming US Retail Sales data and Fed Powell’s comments, directly affecting AUD/USD sentiment and likely contributing to the day's negative return."
EUR/CHF
EOD Return: -0.01%
EUR/CHF looks for a move back lower again while below 1.0492/0515 – Credit Suisse
"Credit Suisse’s bearish forecast for EUR/CHF and expectation of a further drop below key support levels directly explains the sharp negative return."
EUR/GBP
EOD Return: 0.00%
GBP/USD could head as low at 1.20 on a 3-month view – Rabobank
"The article highlights strong UK labour data and expectations of further BoE tightening, suggesting a weakening pound which directly supports the EUR/GBP rise."
EUR/JPY
EOD Return: -0.02%
EUR/JPY oscillates around 134.60 as investors await eurozone GDP
"The article highlights market anticipation of eurozone GDP data and the resulting volatility contraction around 134.60, directly influencing the EUR/JPY pair’s downward movement on that day."
EUR/NOK
EOD Return: 0.02%
EUR/NOK to adjust lower towards the 10.00 level – ING
"The ING forecast of a correction toward the 10.00 level for EUR/NOK directly addresses the currency pair’s movement, indicating expectations of a rebound after recent gains and aligning with the day’s positive return."
EUR/USD
EOD Return: -0.01%
Fed’s Evans: Should raise rates to 2.25%-2.5% neutral range 'expeditiously'
"Fed President Charles Evans’ call for rapid rate hikes signaled a stronger U.S. dollar, directly contributing to the EUR/USD decline on that day."
GBP/USD
EOD Return: -0.01%
GBP/USD balances below 1.2500 ahead of UK Inflation, Fed seeks price stability
"The headline reports a much higher-than-expected UK CPI of 9.1%, signalling stronger inflation and likely BoE tightening, which directly pressured GBP/USD downwards."
NZD/USD
EOD Return: -0.01%
NZD/USD extends its rally to three straight days, hovers around 0.6350s post-Fed Powell Q&A
"Fed’s Powell reiterated that 50‑basis‑point hikes remain “on the table,” strengthening expectations for a stronger USD and contributing to the NZD’s decline."
USD/CAD
EOD Return: 0.01%
USD/CAD rebounds toward 1.2850 as the US dollar stabilizes
"The article reports a rebound of USD/CAD to 1.2854, indicating a strengthening dollar that directly supports the 0.62% end‑of‑day gain."
USD/CHF
EOD Return: -0.01%
USD/CHF Price Analysis: Retreats from parity and hovers around 0.9930s on profit-taking
"The article reports a plunge in USD/CHF following stronger-than-expected U.S. retail sales, directly explaining the negative end‑of‑day return."
USD/CNY
EOD Return: 0.00%
USD/CNY: Sustained move above 6.8475 to clear the way towards the 7.00 level – Credit Suisse
"The article highlights a key resistance level at 6.8475 and the potential move toward 7.00, directly explaining the positive price movement for USD/CNY on that day."
USD/IDR
EOD Return: 0.00%
USD/IDR: A test of 14,700 now appears on the cards – UOB
"The UOB analysis highlighted a key resistance level at 14,620 and confirmed the currency had already breached that level, directly explaining the recent upward momentum in USD/IDR."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Indian rupee bounces off 78.00 on firmer sentiment, Fed’s Powell eyed
"The article directly discusses USD/INR movements, noting the rupee’s bounce off 78.00 and linking it to Fed policy expectations, which are key drivers of the currency pair’s daily return."
USD/JPY
EOD Return: -0.01%
Japan GDP less negative than expected for Q1
"Japan’s Q1 GDP came in less negative than forecast, signaling a weaker economy and supporting the yen, which pushed USD/JPY lower."
USD/MXN
EOD Return: 0.01%
USD/MXN drops to four-week lows below 20.00 amid risk appetite
"The article reports a significant drop of USD/MXN to four‑week lows below 20, indicating strong peso rally and bearish sentiment in the pair, directly explaining the positive EOD return."
USD/MYR
EOD Return: 0.00%
USD/MYR: Scope for a test of 4.4000 – UOB
"The article directly discusses USD/MYR’s potential to break the 4.4000 level, indicating significant upside momentum that aligns with the positive EOD return."
USD/NOK
EOD Return: 0.02%
EUR/NOK to adjust lower towards the 10.00 level – ING
"The article predicts a correction of USD/NOK toward 9.60, directly addressing the currency pair’s movement and explaining the expected price action."
USD/TRY
EOD Return: 0.00%
USD/TRY advances confidently towards 16.00, as the lira plunges
"The article directly reports USD/TRY reaching new highs near 15.90, indicating a strong upward move that aligns with the 0.31% EOD return."