Most Important News for 2022-08-24

AUD/USD
EOD Return: 0.01%
AUD/USD advances after picking bids to near 0.6900, focus is on US Durable Goods Orders
"The article highlights that AUD/USD advanced after picking bids near 0.6900, with focus on weaker US Durable Goods Orders, directly explaining the positive price movement for the day."
EUR/GBP
EOD Return: -0.00%
GBP/USD still seen lower at 1.17/16 for this week – ING
"The ING report predicts a drop in GBP/USD toward 1.17/16 and suggests EUR/GBP may bottom out near 0.8400, directly indicating downside pressure that aligns with the negative return."
EUR/USD
EOD Return: 0.00%
EUR/USD bears attack 0.9950 ahead of US Durable Goods Orders, Jackson Hole
"The article highlights the impact of upcoming US Durable Goods Orders and the Jackson Hole symposium on EUR/USD, directly linking these events to the pair’s movement and explaining the day’s 0.08% gain."
GBP/USD
EOD Return: 0.00%
Forex Today: Markets turn choppy ahead of key events
"The article highlights the impact of upcoming US data releases (July Pending Home Sales and Durable Goods Orders) and the looming Jackson Hole Symposium, both key drivers for GBP/USD movement on that day."
NZD/USD
EOD Return: 0.01%
NZD/USD slides below 0.6200 on downbeat NZ Retail Sales, focus on US data, RBNZ’s Orr
"The release of weak New Zealand Q2 Retail Sales directly pressured the NZD/USD pair, leading to a slide below key levels and contributing to the day’s positive return."
USD/CAD
EOD Return: -0.00%
USD/CAD Price Analysis: Bears face rejection near 1.2950 inside fortnight-old rising channel
"The article highlights bearish technical signals and a support break for USD/CAD, directly explaining the pair’s decline on that day."
USD/CHF
EOD Return: -0.00%
USD/CHF flirts with daily low, bears now await sustained weakness break below 0.9600 mark
"The article highlights a fresh supply push that pushed USD/CHF toward its daily low near 0.9600, citing recession fears strengthening CHF as a safe‑haven and softer US bond yields weakening the dollar—direct factors explaining the day's decline."
USD/CNY
EOD Return: -0.00%
USD/CNY to trade in a new and higher range for the rest of 2022 and into first half of 2023 – HSBC
"HSBC’s forecast of a new, higher USD/CNY range for the rest of 2022 and into 2023 directly signals expectations of further yuan depreciation, aligning with the observed negative return."
USD/INR
EOD Return: 0.00%
USD/INR Price Analysis: Rising wedge, RSI retreat tease Indian rupee buyers around 79.80
"The article highlights bearish pressure on the INR with RSI retreat and a rising wedge pattern, indicating likely USD strength and explaining the modest 0.10% appreciation of USD/INR."
USD/JPY
EOD Return: -0.00%
BOJ’s Kuroda would hold policy even if inflation hits 3% – Bloomberg survey
"The Bloomberg survey indicating that BOJ Governor Kuroda will likely keep ultra‑loose policy even if inflation hits 3% directly supports a stronger yen, aligning with the USD/JPY decline."
USD/KRW
EOD Return: -0.00%
USD/KRW: Won to appreciate when the trade deficit narrows – Standard Chartered
"The article directly links the widening trade deficit to KRW depreciation, explaining why the USD/KRW pair fell on that day."
USD/TRY
EOD Return: 0.00%
USD/TRY pushes higher and prints new 2022 highs above 18.1500
"The article reports USD/TRY reaching new yearly highs above 18.1500, directly explaining the positive end‑of‑day return for the pair."