AUD/USD to suffer pullbacks to around 0.70 or below during June – Westpac
"Westpac’s forecast of a pullback to around 0.70 or lower for AUD/USD directly explains the sharp end‑of‑day drop, as traders anticipated weaker dollar strength amid RBA rate hike expectations."
EUR/CHF
EOD Return: 0.00%
EUR/CHF Price Analysis: Breaks three-month-old support after strong Swiss inflation data
"The article reports hot Swiss CPI data for May, directly impacting EUR/CHF and explaining the 0.23% end‑of‑day move."
EUR/GBP
EOD Return: 0.00%
EUR/GBP marches to test two-week high at 0.8600, eurozone Retail Sales eyed
"The article highlights a potential ECB hawkish shift and upcoming eurozone Retail Sales data, both key drivers for the EUR/GBP movement on that day."
EUR/JPY
EOD Return: 0.00%
EUR/JPY Price Analysis: Extra gains remain in store
"It directly references key resistance at 139.00 and a clear upside target of the 2022 high at 140.00, indicating strong bullish momentum likely driving the 0.44% gain."
EUR/USD
EOD Return: -0.00%
Forex Today: Dollar recovery loses steam ahead of employment data
"The article highlights that the dollar’s recent gains were losing momentum ahead of key US employment data (ADP and upcoming NFP), directly influencing EUR/USD to decline as market sentiment shifted toward a weaker dollar."
GBP/USD
EOD Return: -0.01%
GBP/USD hovers below 1.2500, downside remains favored on firmer DXY, US NFP buzz
"The article highlights a strengthened USD (DXY) and the upcoming US Non‑Farm Payrolls as key drivers for a likely downside move in GBP/USD, directly explaining the negative return."
NZD/USD
EOD Return: -0.01%
NZD/USD: Hard landing fears undermine carry – ANZ
"The ANZ article highlights hard‑landing fears and a strong USD, directly explaining the NZD’s decline on that day."
USD/CAD
EOD Return: 0.00%
USD/CAD: At risk of falling to 1.2500/50 over the next few weeks – Scotiabank
"The BoC’s 50‑basis‑point rate hike on June 1, coupled with hawkish language, directly strengthened the CAD and pushed USD/CAD lower, driving the 0.19% end‑of‑day gain."
USD/CHF
EOD Return: 0.00%
USD/CHF Price Analysis: Retraces Wednesday’s gains, back below 0.9600, on a weak USD
"It directly cites a weak USD and positive market sentiment driving the USD/CHF upward, aligning with the day’s 0.45% gain."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.7095 vs. the last close of 6.6858
"The PBOC’s daily midpoint fix directly sets the onshore yuan’s value, providing a concrete price level that can immediately influence USD/CNY movements."
USD/IDR
EOD Return: -0.00%
USD/IDR: Rupiah is vulnerable to near-term fluctuations in the trade balance – MUFG
"The MUFG analysis highlights a direct link between the rupiah’s weakness and upcoming trade balance changes, providing a clear economic driver for the currency’s decline."
USD/JPY
EOD Return: 0.01%
USD/JPY to soar towards the early May high of 131.35 – Westpac
"Westpac’s bullish outlook citing rising Treasury yields and a target of 131.35 directly explains the strong USD/JPY move on June 2."
USD/MXN
EOD Return: 0.00%
USD/MXN to surge back above the 20 level before the end of June – Rabobank
"The Rabobank forecast directly addresses USD/MXN levels, predicting a rebound above the key 20‑level within June, which aligns with the observed 0.14% gain and signals a likely upward move."
USD/MYR
EOD Return: -0.00%
USD/MYR to tick down towards 4.30 by year-end – MUFG
"MUFG’s forecast of a further decline in the MYR to around 4.30 by year‑end, citing higher global interest rates and an economic slowdown, directly signals bearish pressure on USD/MYR for that day."