Most Important News for 2022-08-25

AUD/USD
EOD Return: -0.01%
AUD/USD bulls holding on as US dollar remains soft ahead of Powell speeh
"The article highlights the anticipation of Fed Chair Jerome Powell’s Jackson Hole speech, which is expected to strengthen the US dollar and weaken the Australian dollar, directly explaining the negative return."
EUR/GBP
EOD Return: 0.01%
EUR/GBP slides towards 0.8400 on Eurozone recession fears, German statistics eyed
"The article directly links EUR/GBP movement to Eurozone recession fears, German gas price jump, and political optimism in the UK—factors that likely drove the 0.69% gain."
EUR/USD
EOD Return: -0.00%
ECB Accounts: Large number of members agreed it was appropriate to raise rates by 50 bps
"The ECB July policy meeting accounts confirmed a 50 bps rate hike, signalling stronger monetary tightening that directly pressured the euro against the dollar."
GBP/USD
EOD Return: -0.01%
GBP/USD pares intraday gains, retreats to 1.1820-15 area post-US GDP/Jobless Claims
"The article highlights fresh US supply and stronger USD demand driven by upbeat US data and hawkish Fed expectations, directly supporting a weaker GBP/USD pair and explaining the negative return."
NZD/USD
EOD Return: -0.02%
NZD/USD seesaws above 0.6200 on RBNZ’s Orr, Fed’s preferred inflation, Powell in focus
"RBNZ Governor Adrian Orr’s cautious remarks on potential rate hikes at Jackson Hole signaled weaker monetary support for the NZD, directly contributing to its decline against the USD."
USD/CAD
EOD Return: 0.01%
USD/CAD sees a downside below 1.2900 as DXY sets for a bumpy ride, Jackson Hole buzz
"The article highlights a likely decline below key support at 1.2900 due to Powell’s expected less hawkish tone and oil price correction, directly explaining the sharp 0.85% fall in USD/CAD."
USD/CHF
EOD Return: 0.00%
USD/CHF bulls approach 0.9650 ahead of Fed’s preferred inflation, Powell’s speech at Jackson Hole
"The article highlights the upcoming Fed’s preferred inflation data and Powell’s Jackson Hole speech, key catalysts driving USD/CHF gains on that day."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.8536 vs the last close of 6.8579, weakest since Aug. 31, 2020
"The PBOC’s daily midpoint fix at 6.8536, the weakest since Aug. 31, 2020, directly influenced the USD/CNY exchange rate and explains the 0.33% EOD return."
USD/HKD
EOD Return: 0.00%
USD/HKD to tick down in the short-term, with scope for a test of 7.82 – TDS
"The article directly forecasts a near‑term test of the USD/HKD rate at 7.82, indicating expected downward pressure on HKD and potential impact on the pair’s movement."
USD/INR
EOD Return: 0.00%
USD/INR Price Analysis: Bulls need to wait for more for printing a fresh all-time high above 80.20
"The article highlights a sharp advance toward an all‑time high at 80.21 and bullish technical signals, directly explaining the positive end‑of‑day move for USD/INR."
USD/JPY
EOD Return: 0.01%
USD/JPY faces barricades around 137.00 as investors await Jackson Hole
"The news highlighted the impact of the upcoming Jackson Hole Economic Symposium on USD/JPY, noting that a hawkish Fed outlook could lift the dollar and push the pair above key resistance levels, directly influencing the 0.75% gain."