Australia's Prime Minister continues to warn the RBA against “overreach”
"The Prime Minister’s warning about the Reserve Bank of Australia’s potential rate hikes directly signals negative sentiment for the Australian dollar, aligning with the day’s modest decline."
EUR/GBP
EOD Return: -0.00%
EUR/GBP oscillates above 0.8520 ahead of UK Retail Sales
"The article highlights a likely weak UK Retail Sales release, which would weaken the pound and explain the EUR/GBP decline."
EUR/USD
EOD Return: -0.00%
EURUSD price marches towards 1.0300 as ECB-Fed divergence to trim further
"The article reports the ECB’s 50‑basis‑point rate hike, directly impacting EUR/USD sentiment and explaining the negative return."
GBP/USD
EOD Return: 0.00%
GBP/USD stumbles from 1.2000 on risk-off impulse and safety flows
"The article highlights a surprise 50 bps ECB rate hike and a risk‑off impulse from the US due to President Biden’s COVID diagnosis, directly affecting GBP/USD sentiment and contributing to its modest move."
NZD/USD
EOD Return: 0.00%
NZD/USD trims weekly gains but stays afloat around 0.6220
"The article highlights a shift in trader focus to the Fed and reports that the US labor market has begun to slow, directly influencing NZD/USD sentiment and contributing to its modest gain."
USD/CAD
EOD Return: 0.00%
BOC’s Macklem: Inflation in Canada is going to remain painfully high
"Bank of Canada Governor’s warning that Canadian inflation will remain high signals continued pressure on the CAD, directly influencing the USD/CAD pair’s positive return."
USD/CHF
EOD Return: -0.01%
USD/CHF Price Analysis: Trips down below 0.9700 as mood improves
"The article cites the ECB’s first rate hike in 11 years and a market mood shift that weakened demand for the greenback, directly explaining the USD/CHF decline."
USD/CNY
EOD Return: -0.00%
USD/CNY fix: 6.7620 vs. an estimate of 6.7609
"The People’s Bank of China set the yuan at a higher level (6.7620) than expected, directly weakening USD/CNY and driving the negative return."
"The article highlights a significant fiscal deficit surge in India, directly weakening the rupee and contributing to its decline against the dollar on that day."
USD/JPY
EOD Return: -0.01%
USD/JPY snaps two-days of gains, creeps to 137.30s on upbeat mood
"The article highlights a sharp 0.60% appreciation of the yen driven by US recession expectations and the Bank of Japan’s decision to keep rates unchanged, directly explaining the USD/JPY decline."
USD/TRY
EOD Return: 0.00%
USD/TRY retreats from yearly top ahead of CBRT
"The article highlights the Central Bank of Turkey’s expected rate decision amid record inflation, directly affecting the USD/TRY pair’s movement."
USD/ZAR
EOD Return: -0.01%
ZAR: Central bank will today decide about a further step against rising inflation - Commerzbank
"The article predicts a likely interest rate hike by the South African Reserve Bank, which directly impacts the ZAR against USD and explains the negative return."