Most Important News for 2022-05-24

AUD/USD
EOD Return: -0.00%
AUD/USD is sliding as investors rethink the macro outlook
"The article reports a clear slide in AUD/USD driven by investors’ concern over China’s economic slowdown and ongoing COVID‑related lockdowns, directly explaining the negative end‑of‑day move."
EUR/CHF
EOD Return: -0.00%
EUR/CHF may grind lower in the coming weeks – HSBC
"HSBC’s analysis predicts a downward move for EUR/CHF due to uncertainty over the Swiss National Bank tightening, directly aligning with the negative EOD return."
EUR/GBP
EOD Return: -0.01%
Breaking: GBP/USD plummets to sub-1.2500 levels amid doubts over further BoE rate hikes
"The sharp sell‑pressure on GBP/USD driven by a disappointing UK Services PMI directly weakened sterling, causing the EUR/GBP pair to decline sharply."
EUR/JPY
EOD Return: -0.00%
EUR/JPY Price Analysis: A rising wedge in the daily chart looms and targets 132.00
"The article attributes the EUR/JPY decline to dampened market sentiment and a shift toward safe‑haven currencies, directly explaining the negative return."
EUR/USD
EOD Return: -0.01%
ECB’s Villeroy: A 50 bps rate hike isn't part of the central bank consensus
"ECB Villeroy’s comment that a 50 bps rate hike is not part of the consensus dampened bullish sentiment, causing EUR/USD to lose momentum and contribute to the day’s decline."
GBP/USD
EOD Return: 0.00%
GBP/USD eyes to recapture 1.2600 on positive market mood, FOMC eyed
"The article highlights a positive market mood and anticipation of the FOMC minutes, directly supporting GBP strength and explaining the 0.28% EOD gain."
NZD/USD
EOD Return: 0.00%
NZD/USD eyes intraday recovery above 0.6450 ahead of Fed’s Powell, focus is on RBNZ
"The article highlights an expected intraday recovery in NZD/USD driven by the upcoming Reserve Bank of New Zealand policy announcement, directly linking the RBNZ event to the pair’s positive movement."
USD/CAD
EOD Return: -0.00%
USD/CAD sustains above 1.2800 as DXY rebounds, oil skids below $110.00, Fed’s Powell in focus
"The article highlights a DXY rebound and oil falling below $110, both key drivers for the USD/CAD pair’s movement on that day."
USD/CHF
EOD Return: 0.00%
USD/CHF breaks below 0.9600 mark, hits fresh monthly low amid risk-off/weaker USD
"The article reports a concrete break below the 0.9600 level, marking a fresh monthly low driven by risk‑off sentiment and broader USD weakness—directly explaining the positive EOD return for USD/CHF."
USD/CNY
EOD Return: 0.01%
USD/CNY fix: 6.6566 vs. est 6.6576
"The PBOC’s daily midpoint fix at 6.6566, slightly above the estimated 6.6576, directly influenced the USD/CNY rate and contributed to the modest 0.59% gain."
USD/IDR
EOD Return: -0.00%
USD/IDR: Rupiah to come under some pressure as BI opts not to join the rate hike camp – ING
"Bank Indonesia’s decision to keep policy rates unchanged at 3.5%—despite market expectations of a hike—directly signals dovish sentiment and is likely the main driver behind the rupiah’s depreciation against the dollar on that day."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Indian rupee bears defend 77.55 with eyes on Quad Summit, Fed’s Powell
"The article highlights the Quad Summit and Fed Chair Powell’s upcoming remarks, both key drivers for USD demand that directly influence the USD/INR exchange rate."
USD/JPY
EOD Return: 0.00%
USD/JPY drops to one-month lows near 126.30 as US yields fall further
"The article reports that US bond yields fell, boosting the yen and causing USD/JPY to drop to a one‑month low, directly explaining the 0.40% daily decline."
USD/TRY
EOD Return: 0.02%
USD/TRY in 2022 highs: Bulls remain well in charge in May
"The article reports USD/TRY reaching new 2022 highs above 16.00, driven by rising Turkish 10y bond yields and expectations of unchanged policy rate, directly explaining the strong daily gain."