Most Important News for 2022-08-12

AUD/USD
EOD Return: -0.01%
AUD/USD eases from two-month peak on modest USD strength, downside seems cushioned
"The article attributes the AUD/USD pullback directly to a modest USD strength from short‑covering, which explains the negative return."
EUR/GBP
EOD Return: -0.00%
EUR/GBP Price Analysis: Grinds lower around 0.8450 on unimpressive UK GDP
"The article reports UK Q2 GDP shrinking 0.1% QoQ versus a stronger market expectation of -0.2%, directly weakening the GBP and contributing to the EUR/GBP decline."
EUR/USD
EOD Return: -0.01%
EUR/USD creeps down from five-week highs, under the 1.0300 figure
"The article reports EUR/USD slipping below the key 1.0300 level while highlighting strong US consumer sentiment and a Fed outlook for further hikes, directly explaining the pair’s negative return."
GBP/USD
EOD Return: -0.01%
GBP/USD bears flirt with daily low, just above 1.2100 mark amid stronger USD
"It directly cites the BoE’s gloomy outlook and stronger USD demand driving GBP/USD down, matching the day’s negative return."
NZD/USD
EOD Return: -0.01%
NZD/USD Price Analysis: Extends pullback from 100-DMA towards 0. 6400
"The article highlights a pullback from the two‑month high and a bearish bias due to overbought RSI and resistance levels, directly explaining the negative return for NZD/USD."
USD/CAD
EOD Return: 0.01%
USD/CAD pares its losses, though capped between the 100/200-DMAs
"The article highlights a surprising upside in the University of Michigan Consumer Sentiment for August, directly boosting the USD and driving the strong 1.03% gain in USD/CAD."
USD/CHF
EOD Return: 0.01%
USD/CHF ignores options market signals to extend bounce off four-month low beyond 0.9400
"The article highlights USD/CHF’s bounce off a four‑month low and notes that the pair is ignoring positive options market signals ahead of the US Michigan Consumer Sentiment Index release, indicating potential upward momentum for the day."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.7413 vs. the last close of 6.7450
"The People's Bank of China’s daily midpoint fix directly set the onshore yuan at 6.7413, driving the USD/CNY pair up and accounting for the 0.46% EOD gain."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Rupee bears approach 80.00 ahead of India inflation, US Michigan CSI
"The article directly discusses the USD/INR pair’s movement, citing recent gains and upcoming Indian inflation data, which are key drivers for the currency’s decline on that day."
USD/JPY
EOD Return: -0.00%
Forex Today: Markets turn choppy ahead of the weekend
"The article notes that the risk rally fueled by soft US inflation data lost momentum and markets turned choppy ahead of the weekend, directly explaining the USD/JPY’s slight decline on August 12."
USD/TRY
EOD Return: 0.00%
USD/TRY: The 18.00 hurdle remains the big magnet for bulls
"It cites strong Turkish industrial output and high inflation outlook, directly influencing the USD/TRY pair’s movement toward the critical 18.00 level."