Most Important News for 2022-09-12

AUD/USD
EOD Return: -0.02%
AUD/USD Price Analysis: Retreats from monthly resistance, 100-SMA towards 0.6800
"The article reports a clear retreat from key resistance levels and technical indicators (100‑SMA, 50‑SMA), signaling a shift in sentiment that likely drove the AUD/USD down on that day."
EUR/GBP
EOD Return: 0.00%
EUR/GBP to extend its advance once key resistance at 0.8720 is reclaimed – SocGen
"It directly addresses EUR/GBP’s near‑term technical breakout above key resistance at 0.8720, which is likely to drive the modest 0.14% gain observed on that day."
EUR/USD
EOD Return: -0.01%
Germany's Ifo: German economy to contract by 0.3% in 2023
"Germany’s Ifo forecast of a 0.3% contraction and higher inflation expectations directly weakened the euro, leading to the sharp EOD decline."
GBP/USD
EOD Return: -0.02%
UK GDP expands 0.2% MoM in July vs. 0.5% expected
"The UK GDP report for July missed expectations (0.2% vs 0.5%), weakening confidence in the pound and contributing to the sharp decline in GBP/USD on that day."
NZD/USD
EOD Return: -0.02%
NZIER Consensus Forecasts show a weaker economic outlook as high inflation, interest rates continue
"The downward revision of New Zealand’s economic outlook by NZIER signaled weaker growth and higher mortgage rates, directly undermining the kiwi currency and contributing to its sharp decline."
USD/BRL
EOD Return: 0.02%
USD/BRL: Central bank supports real ahead of the election – Commerzbank
"The article highlights the Brazilian central bank’s supportive stance and recent inflation data, directly influencing the real’s strength against the dollar on that day."
USD/CAD
EOD Return: 0.01%
USD/CAD drops to two-week low, further below 1.3000 amid weaker USD, rising oil prices
"The article highlights rising oil prices and broad-based USD weakness, both key drivers behind the USD/CAD’s significant gain on that day."
USD/CHF
EOD Return: 0.01%
USD/CHF Price Analysis: Drops back below 0.9615-20 resistance confluence
"The article provides a detailed technical breakdown showing USD/CHF failing to cross key moving averages and Fibonacci levels, indicating strong bearish momentum that likely drove the 0.81% decline."
USD/IDR
EOD Return: 0.00%
USD/IDR faces some range bound trade near term – UOB
"The article predicts USD/IDR will consolidate within a tight range, explaining the modest 0.06% end‑of‑day move."
USD/INR
EOD Return: 0.00%
USD/INR to suffer a deeper pullback on a break under 78.70/78.50 – SocGen
"It directly addresses a key support level (78.70/78.50) and predicts a deeper pullback if broken, which is highly relevant to the 0.31% positive return."
USD/JPY
EOD Return: 0.01%
USD/JPY oversteps 143.00, more upside seems favored on hawkish Fed bets
"The article reports USD/JPY breaking above 143.00 amid expectations of a strong Fed rate hike, directly explaining the sharp upward move in the pair."
USD/MYR
EOD Return: 0.00%
USD/MYR: Further upside remains on the cards but… - UOB
"The article highlights a recent breakout above the key resistance level at 4.4980, indicating renewed upward momentum for USD/MYR, which directly supports the observed positive EOD return."