Most Important News for 2022-08-04

AUD/USD
EOD Return: -0.01%
AUD/USD retreats towards 0.6950 ahead of RBA Monetary Policy Statement, US NFP
"The article highlights the AUD/USD retreating ahead of the Reserve Bank of Australia’s Monetary Policy Statement and U.S. Non‑Farm Payroll data, key catalysts that likely drove the negative end‑of‑day move."
EUR/GBP
EOD Return: 0.00%
EUR/GBP spikes above 0.8400, fresh weekly high after BoE warns of economic downturn
"The news reports the Bank of England’s 50‑basis‑point rate hike and its warning of an economic downturn, directly driving EUR/GBP to a new weekly high and explaining the positive EOD return."
EUR/JPY
EOD Return: 0.01%
EUR/JPY Price Analysis: Extra gains appear in the pipeline near term
"It highlights a clear upward trend toward the 137.00 zone with identified resistance levels (100‑day SMA at 137.80), indicating potential for further gains that align with the 0.90% rise."
EUR/USD
EOD Return: -0.01%
German Factory Orders drop 0.4% MoM in June vs. -0.8% expected
"The unexpected decline in German factory orders on June 4 signaled weakening manufacturing activity in the Eurozone’s largest economy, directly weighing on the euro and contributing to the EUR/USD fall."
GBP/USD
EOD Return: -0.01%
GBP/USD dives to fresh weekly low, bears flirt with 1.2100 mark post-BoE
"The article reports that GBP/USD dropped sharply after the BoE’s 50‑bp rate hike, directly linking the policy decision to the currency’s decline."
NZD/USD
EOD Return: -0.01%
NZD/USD bulls pushed back into the close ahead of NFP
"The article highlights the impact of upcoming U.S. Nonfarm Payrolls and fading hawkish Fed sentiment on the USD, which directly influenced the NZD/USD pair’s decline toward the end of day."
USD/BRL
EOD Return: -0.01%
USD/BRL to reach 5.75 by the end of the year – Wells Fargo
"The article reports a significant 50 bps rate hike by Brazil’s central bank, directly strengthening the real against the dollar and explaining the USD/BRL decline."
USD/CAD
EOD Return: 0.01%
USD/CAD seesaws around 1.2850 ahead of US/Canada jobs data
"The article highlights the upcoming U.S./Canada jobs data, a major economic indicator that directly influences the USD/CAD pair and likely drove the 0.51% end‑of‑day move."
USD/CHF
EOD Return: 0.01%
USD/CHF turns sideways around 0.9550 ahead of US NFP
"The article highlights the upcoming US Nonfarm Payrolls (NFP) data, a key economic indicator that directly influences USD strength and thus the USD/CHF pair’s movement."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.7636 vs. the previous fix of 6.7813
"The PBOC’s daily midpoint fix raised the yuan from 6.7813 to 6.7636, strengthening the dollar against the Chinese currency and driving the 0.19% end‑of‑day gain."
USD/INR
EOD Return: 0.00%
USD/INR Price Analysis: Indian rupee bears approach 79.50 with eyes on RBI, US NFP
"The article focuses on USD/INR dynamics, highlighting upcoming RBI policy decision and US NFP data—key drivers for the rupee’s movement, directly explaining the 0.25% gain."
USD/JPY
EOD Return: 0.02%
USD/JPY extends losses to the 133.00 area amid a weaker dollar
"It directly links the USD/JPY decline to a weaker dollar driven by lower US yields and recent US labor market data, explaining the 1.60% positive return for the pair."
USD/TRY
EOD Return: -0.00%
USD/TRY extends the choppy trade still in the sub-18.00 area
"The article highlights key economic drivers for the USD/TRY pair—US non‑farm payroll data and Turkey’s high inflation outlook—which directly influence market sentiment and likely contributed to the slight decline in the exchange rate."