S&P cuts Australia’s 2022 GDP forecast to 3.6% from 4% previous
"The S&P cut of Australia’s 2022 GDP forecast directly signals weaker economic outlook, which is a key driver behind the AUD’s decline against the USD on that day."
EUR/GBP
EOD Return: -0.00%
EUR/GBP to dip below 0.86 on a hawkish message from BoE's Bailey – ING
"The hawkish statement from BoE Governor Bailey was expected to weaken the pound, directly explaining the EUR/GBP decline on that day."
EUR/USD
EOD Return: -0.01%
EUR/USD reverses from 1.0600 and drops to multi-day lows near 1.0500
"The article reports a direct reversal of the EUR/USD pair with a drop to multi‑day lows around 1.0500, driven by a stronger U.S. dollar and negative market sentiment, matching the day’s -0.75% return."
GBP/USD
EOD Return: -0.00%
GBP/USD bears keep reins under 1.2200 with eyes on BOE’s Bailey, Fed’s Powell
"The article highlights key upcoming speeches by BoE Governor Bailey and Fed Chair Powell, directly influencing GBP/USD sentiment and aligning with the day’s negative return."
NZD/USD
EOD Return: -0.00%
NZD/USD slips to fresh two week lows below 0.6250 on soft US economic data
"Soft US consumer confidence data directly weakened the USD, leading to a sharp decline in NZD/USD and explaining the negative EOD return."
USD/CAD
EOD Return: 0.00%
USD/CAD oscillates around 1.2870 ahead of Fed Powell and US economic data, oil advances
"It directly links the USD/CAD movement to key drivers—Fed Powell’s comments, US PCE data, and oil prices—providing clear context for the day’s 0.15% gain."
USD/CHF
EOD Return: -0.00%
USD/CHF steadies above 0.9560, focus is on US GDP and Fed Powell
"The article highlights that USD/CHF was influenced by expectations around Fed Powell’s speech and the upcoming US GDP data, both major drivers of dollar strength, which likely contributed to the negative return."
USD/CNY
EOD Return: -0.00%
USD/CNY to see stability around the 6.70 level – Commerzbank
"The article directly addresses USD/CNY’s expected stability near the 6.70 level and cites PBoC policy support through targeted loans, providing clear context for the currency’s modest decline."
USD/IDR
EOD Return: 0.00%
USD/IDR clings to the side-lined trading – UOB
"The article discusses short‑term consolidation and potential strengthening of USD/IDR with specific resistance levels, directly addressing factors that could influence the 0.08% end‑of‑day move."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Indian rupee traces oil, NDFs higher to renew record top above 78.50
"The article highlights a strong rupee run linked to high oil prices and NDFs indicating further upside, which likely contributed to the USD/INR decline at market close."
USD/JPY
EOD Return: 0.00%
USD/JPY aims to recapture two-decade high on stable forecasts for US PCE, Fed Powell eyed
"The article links the USD/JPY rally directly to expectations of stable U.S. PCE data and Fed policy, providing a clear economic rationale for the 0.33% gain."
USD/MYR
EOD Return: 0.00%
USD/MYR faces extra consolidation – UOB
"The article highlights USD/MYR trading in a tight consolidation range with weak momentum, explaining the modest 0.06% end‑of‑day gain."
USD/TRY
EOD Return: -0.00%
USD/TRY dribbles around 16.50 as Turkish President Erdogan teases wage increase
"Erdogan’s hint at a minimum‑wage review signals potential inflationary pressure, directly affecting TRY sentiment and likely contributing to its decline against USD."