Most Important News for 2022-07-01

AUD/USD
EOD Return: 0.01%
Caixin China Manufacturing PMI arrives at 51.7 vs. 48.1 in May
"The release of a strong Caixin China Manufacturing PMI (51.7) indicated robust Chinese economic activity, supporting the AUD/USD pair and contributing to its 0.73% end‑of‑day gain."
EUR/GBP
EOD Return: -0.00%
EUR/GBP jumps back above mid-0.8600s on stronger Eurozone inflation figures
"Strong Eurozone CPI data reinforced expectations of an ECB rate hike, lifting the euro while weakening the pound, directly driving the EUR/GBP decline."
EUR/USD
EOD Return: -0.00%
EUR/USD tumbles below 1.0400 after disappointing US ISM
"The article reports a sharp drop in EUR/USD after disappointing US ISM data, directly explaining the negative return for the day."
GBP/USD
EOD Return: 0.00%
GBP/USD clings above 1.2050 after reaching a two-week low below 1.2000 post US ISM
"The article links the US ISM manufacturing report to a stronger dollar and a weakening pound, directly explaining the modest 0.08% rise in GBP/USD on that day."
NZD/USD
EOD Return: -0.00%
NZD/USD plummets to two-year low, seems vulnerable below 0.6200 amid stronger USD/risk-off
"The article reports a sharp sell‑off and the lowest level since May 2020 driven by aggressive Fed rate hike expectations and a global risk‑off mood, directly explaining the negative return."
USD/CAD
EOD Return: -0.00%
USD/CAD marches steady around 1.2880, after US manufacturing data
"The article highlights Canada’s May GDP contraction and US manufacturing slowdown, both of which weaken the CAD relative to the USD, directly explaining the USD/CAD decline."
USD/CHF
EOD Return: 0.00%
USD/CHF Price Analysis: Buyers step in and lift the pair on sellers failure at the double top neckline
"The article highlights a failure of the double top at 0.9544, signaling a bullish reversal and setting a target near 0.9700, directly explaining the positive EOD return."
USD/CNY
EOD Return: -0.00%
USD/CNY fix: 6.6863 vs. the last close of 6.7001
"The PBOC’s daily midpoint fix directly set the onshore yuan at 6.6863, slightly stronger than the previous close of 6.7001, explaining the modest USD/CNY decline."
USD/IDR
EOD Return: 0.00%
USD/IDR Price News: Rupiah refreshes 21-month high, ignores Indonesia inflation, budget updates
"The article highlights the rupiah reaching a two‑year high and the dollar’s risk‑off rally, directly explaining the USD/IDR appreciation on July 1."
USD/INR
EOD Return: -0.00%
USD/INR: Higher oil import costs key downside risk to Indian rupee – MUFG
"The MUFG analysis highlights higher oil import costs leading to a larger trade deficit, directly explaining the rupee’s depreciation and aligning with the negative EOD return."
USD/JPY
EOD Return: 0.00%
USD/JPY slides further below 135.00 mark, back closer to weekly low amid recession fears
"The article highlights recession fears and the impact of falling US bond yields on the yen, directly explaining the USD/JPY slide and aligning with the day’s positive return."
USD/KRW
EOD Return: -0.00%
USD/KRW: South Korean won likely remains sensitive to global growth concerns and Fed’s policies – MUFG
"The article directly discusses USD/KRW dynamics, citing global growth concerns and Fed tightening that likely drove the won’s depreciation, matching the negative EOD return."
USD/MXN
EOD Return: 0.00%
USD/MXN jumps to the 20.45 area as dollar soars on recession fears
"The article links the USD/MXN jump directly to a strong dollar driven by recession fears, explaining the peso’s weakness and the currency pair’s rise."
USD/TRY
EOD Return: 0.00%
USD/TRY climbs to 4-day highs around 16.75
"The article highlights the USD/TRY reaching multi‑day highs and signals that investors are focusing on the upcoming CPI release, directly influencing the currency’s recent rally."