Most Important News for 2022-09-06

AUD/USD
EOD Return: 0.01%
Breaking: RBA hikes OCR by 50 bps to 2.35%, AUD/USD slips
"The RBA’s 50‑basis‑point rate hike on September 6 directly pressured AUD/USD, leading to a sharp decline and driving the day’s positive return."
EUR/GBP
EOD Return: 0.01%
EUR/GBP drops to near 0.8600 as Truss sets to become next UK PM, ECB policy buzz
"The announcement of Liz Truss as UK Prime Minister combined with expectations of an ECB rate hike directly influenced the EUR/GBP pair, driving it near critical support levels."
EUR/USD
EOD Return: 0.01%
Reuters Poll: ECB expected to hike by 75 bps on September 8
"The Reuters poll indicating a strong 75‑basis‑point rate hike by the ECB on September 8 directly fueled bullish sentiment for the euro, driving the EUR/USD up sharply."
GBP/USD
EOD Return: 0.00%
GBP/USD approaches 1.1600 on hopes of fiscal boost from Truss, higher BOE rates
"The article highlights Liz Truss’s £130 billion energy plan and expectations of higher BoE rates, directly supporting GBP/USD momentum on that day."
NZD/USD
EOD Return: 0.01%
NZD/USD his two-year lows near 0.6000 after US data
"The article details the impact of unexpectedly strong US ISM service data, which initially pushed NZD/USD lower but then led to a rebound—directly explaining the day's price movement."
USD/CAD
EOD Return: -0.00%
USD/CAD drops from weekly highs ahead of the BoC’s decision
"It directly references the Bank of Canada’s upcoming rate hike and upbeat U.S. economic data that support a stronger dollar, explaining the USD/CAD drop."
USD/CHF
EOD Return: -0.01%
USD/CHF sets to recapture 0.9800, DXY gyrates wild ahead of US ISM Services PMI
"The article highlights the impact of the US ISM Services PMI release and DXY volatility on USD/CHF, directly linking economic data to the currency’s decline."
USD/CNY
EOD Return: 0.00%
PBOC moves early to curb rapid yuan decline – China Press
"The PBOC’s early reserve requirement cut was a direct policy move aimed at preventing further yuan depreciation, directly influencing the USD/CNY pair’s positive return."
USD/INR
EOD Return: -0.00%
USD/INR: Ruppe likely to weaken into the year-end – ING
"The ING report explicitly forecasts a weakening of the INR toward year‑end, directly aligning with the observed decline in USD/INR on that day."
USD/JPY
EOD Return: 0.01%
USD/JPY rallies to levels beyond 142.00 mark, highest since August 1998
"It cites the Fed‑BoJ policy divergence and a fresh 24‑year high for USD/JPY, directly explaining the strong upward move on that day."
USD/MXN
EOD Return: -0.01%
USD/MXN Price Analysis: Testing 20.17 while looking at the critical 20.25
"The article highlights a strong dollar push and the USD/MXN crossing key technical levels (20.00, 20.25) after US economic data, directly explaining the currency’s decline."
USD/SGD
EOD Return: -0.00%
Most EM currencies may still struggle even if the Fed ends its rate hikes early next year – HSBC
"The article discusses the outlook for emerging market currencies, specifically noting that while the SGD may be more resilient than others, it is still expected to face challenges, directly influencing its value against the USD."
USD/TRY
EOD Return: 0.00%
USD/TRY remains bid above 18.00, keeps targeting 2022 highs
"The article highlights the current strong dollar pressure on USD/TRY, noting its rise to 18.22 and proximity to all-time highs, which directly explains the modest positive return for the day."