Most Important News for 2022-08-26

AUD/USD
EOD Return: 0.00%
AUD/USD is volatile around the Powell speech, but focus is on downside while below 0.7000
"The hawkish Fed speech directly drove the AUD/USD down, causing a sharp 35‑pip drop and setting the day's price action."
EUR/GBP
EOD Return: 0.01%
EUR/GBP Price Analysis: Climbs towards weekly highs above 0.8500, but finishes around 0.8480s
"The article reports EUR/GBP climbing toward weekly highs above 0.8500 and ending near 0.8480, directly explaining the 0.60% positive return for the day."
EUR/USD
EOD Return: 0.00%
Some ECB policymakers want to discuss a 75 bps hike next month – Reuters
"The report that some ECB policymakers were considering a 75 bps rate hike directly supports the euro’s strength, aligning with the positive EOD return."
GBP/USD
EOD Return: -0.00%
GBP/USD remains volatile after Powell’s speech in Jackson Hole, stays above 1.1800
"The article highlights the immediate impact of Fed Chair Jerome Powell’s Jackson Hole speech on GBP/USD volatility, noting that the pair rallied to 1.1900 during the speech but then erased those gains, directly explaining the day’s negative return."
NZD/USD
EOD Return: 0.00%
NZD/USD plummets to six-week lows, post-Powell’s remarks, shiting sentiment sour
"The article cites Powell’s hawkish comments and US inflation data, which directly influence the NZD/USD pair and explain its movement on that day."
USD/CAD
EOD Return: -0.00%
USD/CAD Price Analysis: Struggles near 1.2900 confluence support, Powell’s speech awaited
"The article highlights a sharp slide in USD/CAD driven by USD selling and falling crude oil prices, directly explaining the negative return for the day."
USD/CHF
EOD Return: 0.00%
USD/CHF Price Analysis: Hovering around the top of the 0.9600-0.9660 range, eyeing 0.9700
"The article cites hawkish remarks by the US Federal Reserve Chief, Jerome Powell, which directly influence USD strength against CHF, aligning with the observed 0.18% gain."
USD/CNY
EOD Return: 0.01%
USD/CNY fix: 6.8486 vs. the last close of 6.8470
"The PBOC’s daily midpoint fix at 6.8486 versus the previous close of 6.8470 directly influenced the yuan’s value against the dollar, explaining the positive return for USD/CNY."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Aims to recapture 80.00 on soaring odds for hawkish Fed Powell
"The article highlights a forthcoming hawkish Fed Powell commentary, which is a major driver for USD/INR volatility and potential movement toward the key 80 level."
USD/JPY
EOD Return: 0.01%
USD/JPY reclaims the 137.00 figure after Powell’s speech strengthens the US dollar
"Powell’s hawkish remarks at Jackson Hole directly supported the USD, driving USD/JPY higher and explaining the 0.85% gain."
USD/KRW
EOD Return: 0.00%
S. Korea’s Vice FinMin: We are monitoring the fx market
"Vice Finance Minister’s statement about monitoring and possible contingency plans signals potential intervention, directly influencing the USD/KRW exchange rate."
USD/MXN
EOD Return: -0.00%
USD/MXN Price Analysis: Bearish bias while under 20.20
"The article highlights a bearish bias for USD/MXN below the key level of 20.20, indicating expected downward pressure that aligns with the negative EOD return."
USD/TRY
EOD Return: 0.00%
USD/TRY grinds above 18.00 at yearly top ahead of US PCE Inflation, Fed’s Powell
"The article highlights upcoming U.S. PCE inflation data and Fed Chair Powell’s speech, both key drivers of the dollar’s strength against the lira, directly influencing the 0.11% rise."