Forex Today: Dollar stays on the backfoot following Tuesday's selloff
"The article reports that disappointing U.S. macroeconomic releases led to a sharp dollar sell‑off, weakening the AUD/USD pair and driving its significant decline on the day."
EUR/CHF
EOD Return: -0.01%
EUR/CHF points towards a stronger near-term recovery to 1.0022/69 – Credit Suisse
"The Credit Suisse analysis provides specific price targets (1.0022/69) and risk thresholds, directly indicating a near-term recovery that likely influenced the EUR/CHF decline."
EUR/GBP
EOD Return: -0.01%
EUR/GBP trims losses, but remains capped below 0.8700
"The article directly addresses EUR/GBP’s daily movement, noting the pair’s loss and cap below 0.8700, which aligns with the negative EOD return."
EUR/JPY
EOD Return: -0.01%
EUR/JPY Price Analysis: Euro clings above 147.00 as a negative divergence emerges
"The article highlights a negative divergence between price action and RSI, signaling potential further downside for EUR/JPY, which aligns with the significant -1.24% EOD return."
EUR/USD
EOD Return: -0.01%
EUR/USD set to drop toward 0.95 into the winter months – Rabobank
"The article forecasts a significant drop in EUR/USD toward 0.95, citing potential ECB rate slowdown and higher US policy rates, directly explaining the sharp negative return on that day."
GBP/USD
EOD Return: -0.01%
GBP/USD remains pressured around 1.1450 as US dollar recovers
"The article notes a strengthening U.S. dollar and cautious market sentiment after disappointing U.S. tech earnings, directly explaining the pound’s pullback against the dollar."
NZD/USD
EOD Return: -0.00%
NZD/USD climbs sharply, eyeing the 50-DMA around 0.5880 as the US Dollar slide prolongs
"The article highlights a Fed pivot commentary and rising expectations of an RBNZ rate hike, directly influencing the NZD/USD pair’s movement and contributing to its end‑of‑day decline."
USD/BRL
EOD Return: -0.01%
USD/BRL to test the 30 Aug lows around 5.01 on a clear victory by Bolsonaro – Credit Suisse
"The Credit Suisse analysis links the USD/BRL rate to the upcoming presidential election outcome, suggesting a stronger BRL (lower USD/BRL) if Bolsonaro wins, directly impacting the currency pair’s movement."
USD/CAD
EOD Return: 0.00%
Breaking: Bank of Canada hikes policy rate by 50 bps vs 75 bps expected
"The Bank of Canada’s surprise 50‑bps rate hike, lower than the anticipated 75 bps, directly weakened the Canadian dollar and drove USD/CAD higher, explaining the day’s positive return."
USD/CHF
EOD Return: 0.00%
USD/CHF testing three-week lows at 0.9855 after pulling back from 0.9930
"It reports USD/CHF testing a specific three‑week low (0.9855) after failing to hold 0.9930, directly indicating the pair’s downward move and aligning with the 0.43% gain."
USD/CNY
EOD Return: 0.01%
USD/CNY set for a move to 7.4220/7.4540 – Credit Suisse
"Credit Suisse’s bullish outlook projected a clear uptrend and potential break above key resistance, directly supporting the USD/CNY rally."
USD/ILS
EOD Return: 0.01%
USD/ILS set to climb towards 3.65 later in Q4 – Credit Suisse
"The Credit Suisse report directly forecasts a rise in USD/ILS toward 3.65 later in Q4, indicating strong bullish sentiment ahead of the upcoming Israeli elections, which likely drove the 0.90% end‑of‑day gain."
USD/JPY
EOD Return: -0.00%
USD/JPY extends slide under 147.00 as dollar remains under pressure
"The article reports a continued slide in USD/JPY below key levels and links the decline to broader dollar weakness (DXY drop), directly explaining the negative return for the day."