Most Important News for 2022-05-23

AUD/USD
EOD Return: -0.00%
AUD/USD retreats from 12-day top on mixed Aussie PMIs, US data, Fed’s Powell eyed
"The article highlights softer Australian manufacturing PMI, stronger services PMI, and key U.S. economic data plus Fed comments—all directly influencing the AUD/USD pair’s downward pressure on that day."
EUR/CHF
EOD Return: -0.00%
EUR/CHF set to see an eventual test of the late April lows at 1.0189/69 – Credit Suisse
"The Credit Suisse analysis provides concrete technical signals (MACD turning lower, key support at 1.0263/53 and potential downside to 1.0189) that directly explain the EUR/CHF decline on that day."
EUR/GBP
EOD Return: 0.01%
GBP/USD: Downside risks remain material for the pound – ING
"The article highlights a solid rebound for the pound against both the dollar and euro, indicating positive momentum that likely contributed to the 0.84% rise in EUR/GBP."
EUR/JPY
EOD Return: -0.00%
FX option expiries for May 23 NY cut
"The FX option expiries for May 23 NY cut listed a large EUR/JPY volume at 139.56, indicating significant market activity that could have pressured the pair down on that day."
EUR/USD
EOD Return: 0.00%
ECB’s Lagarde: In a position to exit negative rates by end of Q3
"ECB President Christine Lagarde’s statement that the ECB is likely to exit negative rates by the end of Q3 provided a clear hawkish signal, directly supporting the EUR/USD rally on May 23."
GBP/USD
EOD Return: -0.00%
GBP/USD: Downside risks remain material for the pound – ING
"The ING analysis highlighted significant downside risks for the pound, citing potential forced dovish re‑pricing of BoE rate expectations and Brexit concerns, which likely contributed to the GBP/USD decline on May 23."
NZD/USD
EOD Return: -0.00%
NZD/USD plummets to 0.6450 on downbeat NZ Q1 Retail Sales, focus on US PMIs, Fed’s Powell
"The article highlights a sharp decline in New Zealand Q1 Retail Sales, directly weakening the NZD and explaining the day’s negative move."
USD/CAD
EOD Return: 0.00%
USD/CAD skids below 1.2770 ahead of US PMI and Fed’s Powell speech
"The article highlights the upcoming Fed’s Powell speech and the possibility of a hawkish stance, which would strengthen the Canadian dollar against the U.S. dollar, directly explaining the 0.41% rise in USD/CAD."
USD/CHF
EOD Return: -0.01%
USD/CHF hits one-month lows under 0.9650 as franc remains strong
"The article reports USD/CHF falling to one‑month lows below 0.9650, directly explaining the significant decline in the pair’s value on that day."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.6756 vs.the estimated 6.6934 and prior 6.748
"The PBOC’s daily midpoint fix of the yuan at 6.6756 versus the expected 6.6934 and previous 6.748 directly influenced the USD/CNY exchange rate, explaining the modest 0.05% end‑of‑day move."
USD/IDR
EOD Return: -0.00%
USD/IDR: Further range bound looks likely for the time being – UOB
"The UOB analysis highlighted a sharp pullback from the recent high, directly explaining the USD/IDR’s decline on that day."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Rupee bulls eye 77.50 on India’s fuel tax relief, firmer sentiment
"The article highlights India’s fuel tax cuts aimed at curbing high inflation and the resulting firmer sentiment against the US dollar, directly influencing the USD/INR pair’s decline."
USD/JPY
EOD Return: -0.01%
Forex Today: Dollar continues to shed ground
"Biden’s remarks about cutting Chinese tariffs and urging OPEC to raise oil production signaled a potential easing of US monetary tightening, weakening the dollar and driving USD/JPY lower."
USD/MXN
EOD Return: -0.00%
USD/MXN Price Analysis: Mexican peso about to test 2022 highs
"The article highlights a continued decline in the Mexican peso against the US dollar, indicating bearish pressure on USD/MXN and explaining the negative end‑of‑day return."
USD/MYR
EOD Return: 0.00%
USD/MYR now seen within 4.3670-4.4010 – UOB
"The UOB analysis directly addresses USD/MYR, outlining a specific price range and key resistance level that aligns with the day's modest gain."
USD/RUB
EOD Return: -0.01%
USD/RUB ignores Central Bank of Russia’s moves to revisit four-year low around 60.00
"The article highlights the Central Bank of Russia’s intervention to curb the ruble’s run‑up and its impact on USD/RUB, directly explaining the currency’s decline."
USD/TRY
EOD Return: 0.01%
USD/TRY appears volatile, bulls still can’t break 16.00
"The article highlights USD/TRY’s struggle to break the critical 16.00 level and notes improving Turkish capacity utilization and CPI outlook, directly influencing the currency’s positive end‑of‑day move."