AUD/USD buyers emerged in critical support but are not out of the woods
"The article highlights the impact of the US Producer Price Index report, which eased concerns about inflation and led to a stronger dollar, directly contributing to the AUD/USD decline."
EUR/GBP
EOD Return: 0.01%
EUR/GBP bulls approach 0.8700 on softer UK inflation, European energy crisis in focus
"The article highlights unexpectedly soft UK CPI data, which directly supports the pound and explains the significant rise in EUR/GBP."
EUR/USD
EOD Return: 0.00%
ECB's Holzmann: Rates will be higher in a year
"ECB member Robert Holzmann’s statement that rates will be higher in a year signals continued tightening, directly supporting the euro against the dollar and explaining the positive return."
GBP/USD
EOD Return: -0.01%
Breaking: UK annualized inflation unexpectedly eases to 9.9% vs. 10.2% expected
"The news reports that the UK CPI unexpectedly eased to 9.9%, below expectations, directly weakening sterling and driving GBP/USD down on that day."
NZD/USD
EOD Return: -0.01%
NZD/USD remains depressed below 0.6000 mark, lowest since May 2020
"The article highlights the NZD/USD remaining below the key 0.6000 level and links its weakness to expectations of aggressive Fed rate hikes, directly explaining the negative price movement."
USD/CAD
EOD Return: 0.00%
USD/CAD: Loonie may not strengthen despite the rate hikes – HSBC
"The Bank of Canada’s 75‑basis‑point policy rate increase to 3.25% on September 7 directly influenced USD/CAD sentiment, making it a key driver for the pair’s movement that day."
USD/CHF
EOD Return: -0.00%
USD/CHF consolidates Tuesday’s post-US CPI rally, seems poised to appreciate further
"It directly links the USD/CHF movement to US inflation data and expectations of aggressive Fed rate hikes, which are key drivers behind the day's negative return."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.9116 vs. the last close of 6.9690
"The PBOC’s daily midpoint fix directly set the yuan at 6.9116, a significant appreciation from the previous close of 6.9690, driving the USD/CNY pair up by 0.46%."
USD/JPY
EOD Return: 0.00%
Forex Today: Dollar consolidates CPI-inspired gains
"The article highlights that the US dollar rallied on strong August inflation data, leading to a consolidation of gains and setting expectations for a hawkish Fed stance—directly supporting the USD/JPY rise."
USD/TRY
EOD Return: 0.00%
USD/TRY finally reaches new all-time highs around 18.26
"The news reports USD/TRY reaching a new all‑time high above 18.26, indicating a significant lira depreciation that directly drives the positive EOD return."