Most Important News for 2022-06-08

AUD/USD
EOD Return: -0.01%
AUD/USD pares post-RBA’s gains slides below 0.7200 ahead of Friday’s US CPI data
"The article highlights the unexpected 50‑bp rate hike by the RBA, which immediately eroded AUD gains and set a bearish tone ahead of key US CPI data—directly explaining the sharp -1.32% EOD move."
EUR/CHF
EOD Return: -0.01%
EUR/CHF: Resistance at 1.0495/0515 has to hold to maintain downside potential – Credit Suisse
"The Credit Suisse analysis directly addresses EUR/CHF resistance levels and potential downside, aligning with the negative return observed on that day."
EUR/GBP
EOD Return: -0.01%
EUR/GBP jumps above 0.8550 on a stronger euro ahead of ECB
"The article highlights a stronger euro and rising German bond yields ahead of the ECB meeting, directly influencing EUR/GBP dynamics and likely contributing to the day's decline."
EUR/JPY
EOD Return: -0.01%
EUR/JPY skyrockets near 144.00 ahead of the ECB policy meeting
"The article highlights the upcoming ECB policy meeting and anticipates choppy trading, directly linking central bank action to EUR/JPY movements, which likely contributed to the day's negative return."
EUR/SEK
EOD Return: -0.00%
EUR/SEK: Restrictive Riksbank unable to lift the krona as ECB starts hiking cycle – Commerzbank
"The article links the EUR/SEK movement to both the Riksbank’s restrictive stance and the upcoming ECB rate hikes, directly explaining why the pair’s value is constrained and likely to decline."
EUR/USD
EOD Return: -0.01%
EUR/USD bears pile in on stronger US yields and force the bulls into retreat mode
"The article highlights a sharp rise in U.S. Treasury yields, which directly strengthened the dollar against the euro and explains the significant decline in EUR/USD on that day."
GBP/USD
EOD Return: -0.00%
GBP/USD drops to fresh daily low, back closer to 1.2500 amid broad-based USD strength
"The article cites a pickup in U.S. bond yields and worsening UK political turmoil, both directly weakening the pound and explaining the sharp fall in GBP/USD."
NZD/USD
EOD Return: -0.01%
NZD/USD falls back towards sub-0.6450 weekly lows, 21DMA offering support for now
"The article highlights the upcoming US CPI data as the main event for NZD/USD, linking higher US yields to a stronger dollar and explaining the pair’s decline toward sub‑0.6450 levels."
USD/CAD
EOD Return: 0.01%
USD/CAD retreats towards multi-day low under 1.2600 as oil flirts with three-month high
"Oil prices hitting a three‑month high strengthened the Canadian dollar, driving USD/CAD up sharply on June 8."
USD/CHF
EOD Return: 0.00%
USD/CHF marches towards 0.9800 as focus shifts to US Inflation
"The article highlights the upcoming U.S. Consumer Price Index (CPI) release, a critical economic indicator that directly influences dollar strength and Swiss franc sentiment, aligning with the day's positive return."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.6634 vs. last close of 6.6712
"The People's Bank of China’s daily midpoint fix at 6.6634 versus the previous close of 6.6712 directly influenced the USD/CNY exchange rate for that day."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Indian rupee struggles to cheer RBI’s 50 bps rate hike near 77.70
"The RBI’s unexpected 50 bps repo rate hike to 4.9% directly impacted the USD/INR pair, explaining the modest 0.14% gain."
USD/JPY
EOD Return: 0.00%
USD/JPY crosses 133.00 to refresh 20-year high as yields rebound, US inflation in focus
"The article reports USD/JPY breaking 133.00 to a fresh 20‑year high driven by rebounding US Treasury yields and widening Fed‑BoJ policy divergence, directly explaining the day's positive return."
USD/RUB
EOD Return: -0.05%
USD/RUB drops below 61.00 even as risk-off mood underpins USD rebound
"The article highlights a key resistance level at 61.00 and links the USD/RUB decline to risk-off sentiment, oil prices, and geopolitical tensions—direct factors driving the sharp negative return."
USD/TRY
EOD Return: 0.00%
USD/TRY refreshes yearly top with eyes on 17.00 on Fed vs. CBRT bias ahead of US inflation
"It highlights the Fed’s hawkish stance versus Turkey’s rate‑hike rejection and links USD/TRY gains to US inflation expectations, directly explaining the currency’s upward move."
USD/ZAR
EOD Return: 0.01%
USD/ZAR to turn back higher as the RSA economy will once again contract significantly – Commerzbank
"The article highlights stronger-than-expected Q1 GDP growth for South Africa, providing support for the rand and explaining the significant appreciation of USD/ZAR on that day."