AUD/USD declines after facing barricades around 0.6900, focus shifts to US PMI
"The article highlights the impact of a weak Australian PMI on AUD/USD, directly linking the economic data to the pair’s decline and explaining why the currency fell below key resistance levels."
EUR/GBP
EOD Return: 0.00%
EUR/GBP to rise towards 0.86 on a six-month view – Rabobank
"Rabobank’s forecast that EUR/GBP will rise toward 0.86 in the six‑month view directly signals bullish sentiment for the pair, matching the day’s positive EOD return."
EUR/USD
EOD Return: -0.00%
EUR/USD consolidates below 1.0000 as focus shifts to US Durable Goods Orders
"The article highlights the upcoming US Durable Goods Orders, expected to trim to 0.5% versus 2%, and a mixed German PMI that helped EUR/USD bottom after hitting a multi‑year low, directly influencing the pair’s slight decline."
GBP/USD
EOD Return: -0.00%
GBP/USD drops to 1.1700 neighbourhood, lowest since March 2020 amid relentless USD buying
"The article highlights relentless USD buying driven by recession fears and hawkish Fed expectations, directly explaining the GBP/USD decline on that day."
NZD/USD
EOD Return: -0.00%
NZD/USD drops back below 0.6250 with eyes on US Durable Goods Orders, Jackson Hole
"The article highlights US durable goods orders and the upcoming Jackson Hole speech, both of which directly influence USD strength and NZD weakness, explaining the significant drop in the pair."
USD/CAD
EOD Return: 0.00%
USD/CAD nosedives from six-week highs, back below 1.3000
"The article reports weaker-than‑expected U.S. housing and PMI data, directly weakening the dollar against the Canadian dollar and explaining the modest 0.10% rise in USD/CAD."
USD/CHF
EOD Return: 0.00%
USD/CHF Price Analysis: Hovers around 0.9640, after diving from around 0.9700
"The article cites weaker US housing and PMI data that weakened the greenback, directly supporting the USD/CHF pair’s modest gain on August 23."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.8523 vs. last close 6.8477
"The PBOC’s daily midpoint fix set the yuan at 6.8523 versus a closing level of 6.8477, signaling a modest weakening of the CNY that directly drove the USD/CNY pair up."
USD/IDR
EOD Return: 0.00%
USD/IDR: Indonesian rupiah could gain support as BI finally pivots – ING
"It highlights a surprise rate hike by BI, predicts further tightening, and suggests near‑term support for the IDR, directly explaining the positive EOD return."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Indian rupee stays defensive around 79.80 on RBI intervention hopes
"The article directly discusses RBI intervention hopes and the rupee’s defensive stance around 79.80, which aligns with the slight decline in USD/INR on that day."
USD/JPY
EOD Return: 0.00%
USD/JPY faces barricades around 137.40, upside remains favored ahead of US PMI
"The article highlights a bullish outlook for USD/JPY with expectations of Fed rate hikes and strong DXY support, directly aligning with the day's positive return."
USD/TRY
EOD Return: 0.00%
USD/TRY remains bid and prints new 2022 highs near 18.15
"The article highlights the USD/TRY reaching new 2022 highs above 18.15, directly correlating with the day's positive return and indicating strong dollar momentum driving the lira’s decline."