Most Important News for 2022-08-02

AUD/USD
EOD Return: 0.00%
Breaking: RBA raises OCR by 50 bps to 1.85%, AUD/USD drops
"The RBA’s 50‑basis‑point rate hike to 1.85% directly weakened the AUD, causing a sharp drop in AUD/USD and driving the day’s positive return."
EUR/GBP
EOD Return: 0.00%
EUR/GBP tests the upside break of consolidation around 0.8370, BOE policy in focus
"The article highlights a potential shift in Bank of England policy due to subdued economic data, directly influencing EUR/GBP expectations and likely driving the positive return."
EUR/USD
EOD Return: -0.00%
EUR/USD slides below 1.0200 on hawkish Fedspeak, US-China jitters
"Hawkish Fed comments combined with US‑China tensions pushed the euro down, driving the EUR/USD pair slightly lower at close."
GBP/USD
EOD Return: -0.00%
GBP/USD bears step in as the US dollar picks up a safe haven bid
"The article highlights a strong safe‑haven demand for the US dollar amid renewed Sino‑US tensions over Taiwan, directly explaining the downward pressure on GBP/USD and its negative return."
NZD/USD
EOD Return: 0.00%
NZD/USD tumbles to near weekly lows around 0.6220 on vulnerable NZ employment data
"The article reports weak New Zealand employment data, directly linked to a drop in the NZD/USD pair, making it the most relevant news for the day's price movement."
USD/CAD
EOD Return: -0.00%
Forex Today: Dollar stronger amid tensions between the US and China
"The article highlights heightened geopolitical tension from US House Speaker Nancy Pelosi’s visit to Taiwan, triggering a risk‑off sentiment that directly pressured the USD/CAD pair downward on that day."
USD/CHF
EOD Return: 0.00%
USD/CHF Price Analysis: Bounces from multi-month lows, approaching the 100-DMA
"The article provides a direct technical analysis of USD/CHF, noting its recovery from a four‑month low and the potential to test key resistance at 0.9600, directly explaining the positive end‑of‑day move."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.7462 vs. the prior fix of 6.7467
"The PBOC’s daily midpoint fix slightly strengthened the yuan, directly influencing the USD/CNY pair’s modest gain."
USD/INR
EOD Return: 0.01%
USD/INR Price News: Indian rupee stays below 79.00 as bulls approach 50-DMA ahead of RBI
"The article highlights a bearish technical setup for the INR and anticipates an RBI repo rate hike, both of which directly influence USD/INR movement."
USD/JPY
EOD Return: 0.01%
USD/JPY rallies above 133.40 on geopolitical jitters, Fed commentary
"The article reports a USD/JPY rally above 133.40 driven by geopolitical tensions from Pelosi’s Taiwan visit and hawkish Fed comments, directly explaining the 0.53% end‑of‑day gain."
USD/TRY
EOD Return: -0.00%
USD/TRY rebound approaches 18.00 amid risk-aversion, focus on Turkish inflation, US NFP
"It highlights USD/TRY’s rebound toward the 18.00 threshold amid risk‑aversion and explicitly cites upcoming Turkish CPI and US NFP data, directly linking to market sentiment that likely influenced the day’s slight decline."
USD/ZAR
EOD Return: -0.00%
USD/ZAR: Not yet convinced that the worst is over for the South African rand – MUFG
"The article directly discusses USD/ZAR dynamics, citing a 1% rise and forecasting further depreciation due to tighter Fed policy and lower commodity prices—factors that likely contributed to the -0.19% end‑of‑day return."