AUD/USD corrects to near 0.6500 as hawkish Fed bets soar
"The article highlights strong US ADP and ISM Services PMI data boosting hawkish Fed expectations, which directly pressured AUD/USD down below key support, aligning with the -1.29% EOD return."
EUR/CHF
EOD Return: -0.00%
EUR/CHF: Key 0.9867/84 zone to hold to avoid strength towards 0.9950/parity – Credit Suisse
"The Credit Suisse analysis outlines critical support and resistance levels for EUR/CHF, directly indicating potential price movement toward the 0.9867/84 zone or back to parity, which is highly relevant to the day's negative return."
EUR/GBP
EOD Return: 0.01%
EUR/GBP Price Analysis: Faces solid resistance around 0.8770s, falls to 0.8720
"The article highlights a clear resistance level at 0.8770 and a subsequent drop to 0.8720, directly explaining the positive EOD return for EUR/GBP."
EUR/JPY
EOD Return: -0.01%
EUR/JPY Price Analysis: A bearish harami in the daily chart could pave the way towards 142.00
"The article reports sellers stepping in around 144, pushing EUR/JPY below 143 with a bearish harami pattern, directly explaining the significant drop in that day’s price."
EUR/USD
EOD Return: -0.01%
EUR/USD plunges from around parity to 0.9850 amid a strong US dollar
"The article reports a sharp plunge of EUR/USD from near parity to 0.9850 driven by a stronger US dollar and fading expectations of a Fed pivot, directly explaining the large negative return."
GBP/USD
EOD Return: -0.01%
GBP/USD tumbles toward 1.1200 as pound weakens and DXY soars
"The article reports a significant surge in the US dollar index (DXY up 1.25%) and concurrent weakening of the pound, directly explaining the sharp drop in GBP/USD on that day."
NZD/USD
EOD Return: -0.01%
NZD/USD jumps above 0.5760 as RBNZ hikes OCR by 50 bps to 3.5%
"The Reserve Bank of New Zealand’s 50‑basis‑point rate hike to 3.5% directly influenced NZD/USD, causing a short‑term rally that was later reversed, driving the overall negative return for the day."
USD/CAD
EOD Return: 0.01%
USD/CAD ignores rising oil prices, closes in on 1.3700
"The article highlights a strong rally in USD/CAD driven by rising oil prices (WTI above $87) and a significant increase in the DXY, directly supporting the currency pair’s 0.98% gain."
USD/IDR
EOD Return: -0.00%
USD/IDR to hit 15,500 before stabilising in 2023 – MUFG
"The MUFG forecast that the USD/IDR will hit 15,500 and BI’s expected rate hikes signal a stronger dollar and weaker rupiah, directly explaining the slight negative return for the pair."
USD/JPY
EOD Return: 0.00%
USD/JPY rises above 144.50 as US yields stretch higher
"The article highlights a significant rise in US Treasury yields, directly supporting the USD/JPY move toward higher levels, which aligns with the 0.33% end‑of‑day gain."
USD/TRY
EOD Return: 0.00%
USD/TRY adds to recent gains and approaches 18.60… again
"The article highlights a strong US ADP report and continued buying interest in the dollar, directly supporting USD/TRY gains toward its 18.60 level, which aligns with the positive EOD return."