Most Important News for 2022-10-24

AUD/USD
EOD Return: 0.01%
AUD/USD probes bears around 0.6350 on upbeat China GDP, US PMIs eyed
"The upbeat China Q3 GDP release (3.9%) provided strong risk‑on sentiment, directly supporting the AUD/USD pair and contributing to its significant gain."
EUR/GBP
EOD Return: -0.01%
EUR/GBP aims to cross 0.8700 as hawkish ECB bets soar, UK Politics jeopardize
"Hawkish ECB rate‑hike speculation combined with UK political uncertainty pressured the euro against sterling, driving the EUR/GBP down for the day."
EUR/JPY
EOD Return: 0.00%
EUR/JPY shifts business above 147.00 ahead of ECB/BOJ monetary policies
"It directly links the EUR/JPY movement to a possible ECB rate hike and ECB‑BOJ policy divergence, providing clear economic context for the price change."
EUR/USD
EOD Return: 0.01%
EUR/USD recovers sharply to near 0.9900 as DXY drops, ECB policy in focus
"The article highlights the ECB’s upcoming 75 bps rate hike, directly driving EUR/USD sharply higher toward 0.99, which explains the strong 0.92% end‑of‑day gain."
GBP/USD
EOD Return: 0.02%
UK: Rishi Sunak to become next UK PM after winning leaderchip contest
"The announcement that Rishi Sunak would become the new Prime Minister on October 24 provided a clear positive political catalyst, directly supporting GBP/USD and contributing to its strong 1.72% gain."
NZD/USD
EOD Return: 0.01%
NZD/USD attempts a break above 0.5700 as Jinping’s impact fades, US GDP buzz
"The article highlights the fading of Xi Jinping’s impact and anticipates a positive US Q3 GDP, both key catalysts for the NZD/USD rally on that day."
USD/CAD
EOD Return: -0.01%
USD/CAD climbs further beyond 1.3700 mark amid sliding oil prices, stronger USD
"The article highlights falling crude oil prices weakening the Canadian dollar while a stronger US dollar pushes USD/CAD higher, directly explaining the currency pair’s decline on that day."
USD/CHF
EOD Return: -0.01%
USD/CHF consolidating around 1.0000 after pulling back from 1.0145
"The article reports a significant pullback of USD/CHF from its recent high of 1.0145 to around 0.9965, directly explaining the sharp decline in that day's closing return."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 7.1230 vs. the previous fix of 7.1186
"The PBOC’s daily midpoint fix directly sets the yuan’s value, influencing USD/CNY movements; the change from 7.1186 to 7.1230 likely contributed to the 0.09% rise."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Indian rupee pares recent gains around 82.70 amid holidays, DXY rebound
"The article directly discusses USD/INR movements, citing a rebound in the DXY and holiday effects that likely drove the rupee’s decline on that day."
USD/JPY
EOD Return: -0.01%
USD/JPY accelerates towards 149.00 after suspected BoJ’s intervention
"The article reports a suspected Bank of Japan intervention that caused USD/JPY to surge above 149.00, directly explaining the significant negative return for the day."
USD/TRY
EOD Return: -0.00%
USD/TRY finally surpasses 18.60 to print new all-time highs
"The article reports USD/TRY breaking new all‑time highs above 18.60 due to a firmer dollar and the Turkish Central Bank’s rate cut, directly explaining the pair’s movement on that day."