AUD/USD retreats towards 0.7000 on mixed Australia Employment report
"The mixed Australia Employment report for May was released during the day, showing higher job growth than expected but a stagnant unemployment rate, which directly influenced AUD/USD sentiment and contributed to its 1.64% drop."
EUR/GBP
EOD Return: 0.01%
EUR/GBP jumps above 0.8600 after BOE rate decision
"The BOE rate hike directly impacted EUR/GBP, causing a sharp jump above 0.8600 and driving the daily gain of 0.57%."
EUR/USD
EOD Return: -0.00%
Forex Today: Fed-inspired dollar selloff eases, eyes on BOE
"The article notes the US Dollar Index (DXY) snapped a five‑day winning streak following the Federal Reserve’s policy announcements, directly linking the USD’s strength to recent Fed actions and explaining the EUR/USD decline."
GBP/USD
EOD Return: -0.01%
Breaking: BoE hikes interest rates by 25 bps to 1.25%, as was widely anticipated
"The Bank of England’s 25‑basis‑point rate hike on June 16 directly weakened the pound, driving GBP/USD down and explaining the day’s negative return."
NZD/USD
EOD Return: -0.01%
NZD/USD Price Analysis: Bulls testing a critical resistance area
"The Q1 GDP miss for New Zealand triggered a bearish reaction, directly affecting the NZD/USD pair and contributing to its decline."
USD/CAD
EOD Return: 0.01%
USD/CAD faces barricades around 1.2950 ahead of Fed Powell, oil prices correct mildly
"The article highlights the upcoming Fed chair Jerome Powell speech and recent oil price movements, both of which are direct drivers for USD/CAD volatility on that day."
"The SNB’s surprise 0.50% rate hike directly strengthened the CHF, causing a sharp decline in USD/CHF, while the mention of Fed Chairman Powell added further context to short‑term market direction."
USD/CNY
EOD Return: 0.00%
PBOC sets USD/CNY reference rate at 6.7099
"The PBOC’s setting of the USD/CNY reference rate directly influences the exchange rate, making it the most relevant news for the day's price movement."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Subdued at open on soaring market mood, oil gets weaker
"The 75‑basis‑point Fed rate hike directly influenced the USD/INR pair, driving a weaker dollar and contributing to the negative return."
USD/JPY
EOD Return: 0.02%
BOJ set to maintain ultra-low rates, sound warning over weak yen
"The article directly addresses the Bank of Japan’s decision to keep ultra‑low rates, signaling continued policy divergence that supports a weaker yen and a stronger dollar, which explains the sharp 2.09% rise in USD/JPY."
USD/KRW
EOD Return: 0.00%
USD/KRW rallies towards 1,300 as South Korea lowers GDP growth forecasts
"The article reports South Korea’s lower GDP growth forecasts, directly impacting USD/KRW by strengthening the dollar and driving the pair up toward 1,300."