Most Important News for 2022-06-07

AUD/USD
EOD Return: -0.00%
Breaking: RBA raises OCR by 50 bps to 0.85%, AUD/USD spikes towards 0.7250
"The RBA’s surprise 50‑basis‑point rate hike on June 7 directly weakened the Australian dollar, causing a sharp sell‑off in AUD/USD and driving the negative EOD return."
EUR/GBP
EOD Return: 0.01%
EUR/GBP struggles around 0.8580, upside remain intact on hawkish ECB bets
"The article highlights a potential hawkish stance from the ECB and political instability in the UK, directly influencing EUR/GBP expectations and likely driving the positive return."
EUR/JPY
EOD Return: 0.01%
EUR/JPY hovers around seven-year high of 142.00 on downbeat German data, ECB eyed
"The article links the EUR/JPY rally to significant economic data (German factory orders) and central bank commentary (ECB hawkish stance), directly explaining the currency’s strong performance."
EUR/NOK
EOD Return: 0.00%
EUR/NOK to fall below the 10 mark again – Commerzbank
"The article directly addresses the EUR/NOK pair, citing Norway’s higher-than-expected inflation and potential rate hikes that would strengthen the krone and push the exchange rate below 10, making it the most relevant news for that day."
EUR/USD
EOD Return: 0.00%
Forex Today: Dollar capitalizes on rising US yields ahead of mid-tier data
"The article notes that U.S. Treasury yields rose above 3%, strengthening the dollar and driving a modest gain in EUR/USD."
GBP/USD
EOD Return: -0.00%
Forex Today: Dollar capitalizes on rising US yields ahead of mid-tier data
"The article highlights a rise in U.S. Treasury yields above 3%, strengthening the dollar and contributing directly to GBP/USD’s decline on that day."
NZD/USD
EOD Return: -0.01%
NZD/USD bears pile on as the greenback rallies
"The article highlights a rally in the U.S. dollar and increased bearish pressure on NZD/USD, directly explaining the pair’s decline for the day."
USD/CAD
EOD Return: 0.00%
USD/CAD ignores sluggish oil around seven-week low near 1.2530 as USD traces softer yields
"The article highlights that USD/CAD is rising despite weak oil prices, with the US dollar gaining on softer Treasury yields—directly explaining the 0.22% end‑of‑day gain."
USD/CHF
EOD Return: 0.01%
USD/CHF Price Analysis: Bulls have the upper hand, 0.9745-50 confluence hurdle breakout in play
"The article highlights a key breakout above the 0.9745-0.9750 confluence, indicating strong upside potential for USD/CHF and directly correlating with the positive end‑of‑day move."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.6649 vs. last close 6.6544
"The PBOC’s daily midpoint fix set the onshore yuan at 6.6649 versus a closing level of 6.6544, signaling a modest yuan depreciation that directly supports the USD/CNY pair’s upward movement."
USD/INR
EOD Return: 0.00%
USD/INR: Rupee to find support from a 50 bp hike from the RBI, but some weakness lies ahead – TDS
"It directly cites the RBI’s anticipated 50 bp rate hike, which is a key driver for rupee support, while also noting oil price headwinds that could temper gains."
USD/JPY
EOD Return: 0.01%
Japan's GDP better than expected, yen stays offered
"Japan’s Q1 GDP revision was better than expected, supporting a stronger dollar against the yen and driving the USD/JPY rally."
USD/MXN
EOD Return: -0.00%
USD/MXN Price Analysis: Consolidating, unable to break under 19.50
"The article directly analyzes USD/MXN levels, noting consolidation around key support and resistance zones, which likely influenced the slight decline in the pair."
USD/TRY
EOD Return: 0.02%
USD/TRY picks up pace and records new 2022 tops near 16.80
"The article reports a fresh year‑to‑date high for USD/TRY at around 16.80, directly linking the strong dollar recovery to the currency’s significant rise on that day."