Most Important News for 2022-08-01

AUD/USD
EOD Return: -0.01%
AUD/USD bulls take a breather below 0.7050 ahead of RBA Interest Rate Decision
"The article highlights the upcoming RBA interest rate decision, with expectations of a 0.5% hike—the key catalyst for the AUD’s decline on that day."
EUR/GBP
EOD Return: -0.00%
EUR/GBP Price Analysis: Bear flag, German Retail Sales tease sellers below 0.8400
"The sharp decline in German retail sales for June directly weakens the euro against the pound, explaining the downward pressure on EUR/GBP and its negative return."
EUR/JPY
EOD Return: 0.00%
EUR/JPY Price Analysis: Aims to refresh two-month low, 135.00 eyed
"It provides detailed technical analysis with specific support levels and EMA signals that directly explain the recent price movement of EUR/JPY."
EUR/USD
EOD Return: -0.01%
EUR/USD faces hurdles around 1.0260 on lower consensus for Eurozone Retail Sales
"The article highlights a lower consensus on Eurozone Retail Sales, directly impacting EUR/USD by creating a resistance around 1.0260 and contributing to the pair’s decline."
GBP/USD
EOD Return: -0.01%
GBP/USD bulls pushed back to 1.2250 key territory
"The article notes a weaker U.S. dollar following the Federal Reserve’s recent meeting and a shift toward moderate rate hikes, which directly supports GBP/USD selling pressure on that day."
NZD/USD
EOD Return: -0.01%
NZD/USD: China Caixin Manufacturing PMI probes bulls around 0.6300
"China’s weaker private manufacturing PMI signaled economic slowdown, prompting risk‑aversion and a stronger dollar that pushed NZD/USD lower."
USD/BRL
EOD Return: 0.02%
USD/BRL to end the year at 5.25 – Rabobank
"The article forecasts a 50‑basis‑point rate hike by the Brazilian Central Bank in August, directly supporting a stronger USD/BRL and explaining the significant 1.82% gain."
USD/CAD
EOD Return: 0.00%
USD/CAD oscillates around 1.2840 ahead of employment data, oil struggles above $93.00
"The article highlights upcoming US and Canadian employment data and weaker oil prices, both key drivers for the USD/CAD pair’s movement on that day."
USD/CHF
EOD Return: 0.01%
USD/CHF bears flirt with 0.9500 at 3.5-month low with eyes on Fedspeak, US NFP
"The article highlights upcoming Federal Reserve commentary and U.S. non‑farm payroll data, key drivers that likely influenced the USD/CHF’s significant 0.84% gain on that day."
USD/CNY
EOD Return: -0.00%
USD/CNY fix: 6.7467 vs. prev fix 6.7437 and prev close 6.7433
"The PBOC’s daily midpoint fix set the yuan at a slightly higher level, directly influencing USD/CNY to weaken by about 0.24%."
USD/IDR
EOD Return: 0.00%
USD/IDR Price News: Rupiah drops towards $14,900 despite seven-year high Indonesia inflation
"The article highlights a significant rise in Indonesia’s inflation, directly weakening the IDR against the USD and aligning with the observed positive EOD return."
USD/INR
EOD Return: -0.00%
USD/INR: Indian rupee to remain under pressure – MUFG
"The MUFG analysis provides concrete forecasts for USD/INR levels and highlights an imminent RBI rate hike, directly influencing the currency’s downward pressure on that day."
USD/JPY
EOD Return: 0.01%
Forex Today: Markets turn cautious ahead of US PMI data
"The article highlights hot U.S. inflation data and the dollar’s struggle to gain demand, setting the backdrop for the USD/JPY pair’s movement on August 1 as traders reacted to the broader U.S. economic outlook."
USD/KRW
EOD Return: 0.00%
USD/KRW: Korean won likely to strengthen over the next months – MUFG
"MUFG’s forecast of a strengthening won and the recent BOK rate hike signal positive momentum for USD/KRW, directly influencing the 0.41% rise."
USD/MYR
EOD Return: 0.00%
USD/MYR: Extra pullbacks not ruled out – UOB
"The article directly discusses USD/MYR’s near‑term movement, indicating potential pullbacks and a likely resistance level at 4.4300, which aligns with the modest 0.02% end‑of‑day gain."
USD/TRY
EOD Return: 0.00%
USD/TRY flirts with 2022 highs just below the 18.00 mark
"The article highlights USD/TRY nearing the critical 18.00 level with recent manufacturing PMI data suggesting continued upside momentum, directly correlating with the 0.25% end‑of‑day gain."