RBA to play catch-up, raise rates by 50 bps for third month on August 2 – Reuters poll
"The Reuters poll indicating a third consecutive 50‑bps RBA rate hike on August 2 directly supports the AUD, driving its sharp rise to a multi‑week high and accounting for the day’s positive return."
EUR/GBP
EOD Return: -0.00%
EUR/GBP sticks to recovery gains post-Eurozone GDP/CPI data, lacks follow-through
"The article highlights Eurozone Q2 GDP and CPI figures, directly impacting the EUR/GBP pair’s movement and explaining the negative return on that day."
EUR/JPY
EOD Return: -0.01%
EUR/JPY rebounds from 136.00, downside looks likely on weak estimates for Eurozone GDP
"The article highlights a weaker-than-expected Eurozone GDP estimate (3.4% vs 5.4%), which directly pressures the EUR/JPY pair downward, aligning with the day's negative return."
EUR/USD
EOD Return: 0.00%
Eurozone Preliminary GDP expands 0.7% QoQ in Q2, a positive surprise
"The unexpected 0.7% quarterly GDP growth for the Eurozone on July 29 provided a strong bullish catalyst for the euro, directly supporting the EUR/USD pair’s 0.42% rise."
GBP/USD
EOD Return: 0.01%
BoE Preview: The MPC is expected to hike Bank Rate by 50bps
– TDS
"The forecasted 50 bps rate hike by the Bank of England directly supports the pound, explaining its strong gain against the dollar on that day."
NZD/USD
EOD Return: 0.01%
NZD/USD dives after US PCE suggests further Fed rate hikes needed
"The article links the NZD/USD decline to U.S. PCE inflation data nearing 7%, indicating potential Fed rate hikes, which directly influences the currency pair’s movement."
USD/CAD
EOD Return: 0.00%
USD/CAD clings to recovery gains near mid-1.2800s post-US PCE/Canadian GDP
"The article links the USD/CAD rebound to a strong US PCE report and Canadian GDP data, directly explaining the currency’s positive movement."
USD/CHF
EOD Return: -0.00%
USD/CHF renews monthly low around 0.9515 ahead of US PCE inflation
"The article links the USD/CHF decline to US PCE inflation expectations and Swiss SNB Q2 results, directly explaining the currency’s weakening against the dollar on that day."
USD/CNY
EOD Return: 0.00%
USD/CNY fix:
6.7437 vs. estimate at 6.7414, close of 6.7466
"The People's Bank of China set the daily midpoint fix for CNY at 6.7437, slightly higher than the estimate and close, indicating a modest tightening that likely pushed USD/CNY up."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Indian rupee bulls cheer IMF’s push for rate hikes in Asia around 79.50
"The IMF’s call for rapid Asian rate hikes and the accompanying bullish sentiment for the rupee directly influenced USD/INR dynamics, making this news the key driver of the currency pair’s decline."
USD/JPY
EOD Return: -0.01%
USD/JPY pares intraday losses to multi-week low amid modest USD recovery ahead of US PCE
"The article explains that recovering US bond yields are reviving USD demand ahead of the US PCE report, directly influencing the USD/JPY pair’s intraday movement and contributing to its end‑of‑day decline."
USD/TRY
EOD Return: -0.00%
USD/TRY retreats from yearly top near 18.00 amid softer USD, CBRT’s inflation fears
"The article cites the Central Bank of Turkey raising its annual inflation forecast to 60.4%, a sharp increase that directly influenced the USD/TRY pair’s retreat from its yearly high, making it the most relevant news for the day’s price movement."