RBA to stick with modest rate hikes despite hot inflation
"The Reuters report on the Reserve Bank of Australia’s decision to continue modest rate hikes signals tightening monetary policy, directly weakening the Australian dollar and explaining the negative EOD return."
EUR/CHF
EOD Return: -0.00%
EUR/USD and EUR/CHF to decline by a similar level – HSBC
"The HSBC report directly links EUR/CHF movement to the EUR/USD pair, indicating that a decline in EUR/USD would likely drive the observed -0.29% fall in EUR/CHF on that day."
EUR/DKK
EOD Return: 0.00%
EUR/DKK to tise towards 7.4450 as the interest rate spread widens – Danske Bank
"Danmarks Nationalbank’s rate hike widened the policy‑rate spread to the ECB, signaling a weaker DKK and directly influencing the EUR/DKK exchange movement."
EUR/GBP
EOD Return: 0.00%
EUR/GBP dives to 0.8575 after rejection at the 0.8650 area
"The article highlights Rishi Sunak’s appointment as UK PM boosting the pound, directly explaining the EUR/GBP pair’s significant gain on that day."
EUR/JPY
EOD Return: 0.00%
EUR/JPY Price Analysis: Fluctuates around the 200-DMA subdued amid the lack of catalyst
"The article cites the European Central Bank’s monetary policy decision, which directly influences EUR/JPY movements and explains the modest end‑of‑day change."
EUR/USD
EOD Return: -0.01%
Germany: Annual CPI rises to 10.4% in October vs. 10.1% expected
"The German CPI rose to 10.4%, above expectations, strengthening the dollar and pushing EUR/USD lower on that day."
GBP/USD
EOD Return: -0.01%
GBP/USD to face further downward pressure in the coming weeks – HSBC
"HSBC’s analysis highlighted structural and cyclical challenges, forecasting further downward pressure on GBP/USD, directly explaining the significant decline in that day’s EOD return."
NZD/USD
EOD Return: 0.00%
NZD/USD faces barricades around 0.5870 as DXY recovers, Fed policy eyed
"It links NZD/USD’s failure to break the key 0.5870 level with a broader market context—DXY recovery, risk aversion, and Fed policy expectations—directly explaining the day’s flat return."
USD/CAD
EOD Return: 0.00%
Canada: Real GDP grows by 0.1% in August vs. 0% expected
"Positive Canadian GDP growth of 0.1% in August, better than expectations, supported the USD/CAD pair’s modest gains."
USD/CHF
EOD Return: 0.01%
USD/CHF Price Analysis: Testing the key 200-hour EMA, as bulls eye the parity
"The article highlights a sharp USD/CHF advance toward the 200‑hour EMA with positive fundamentals and an upcoming Fed meeting, directly supporting the 0.5% end‑of‑day gain."
USD/CNY
EOD Return: 0.01%
USD/CNY fix: 7.1698 vs. prev fix 7.1570
"The PBOC’s daily midpoint fix for the yuan directly set USD/CNY at 7.1698 from 7.1570, a clear catalyst for the currency pair’s movement on that day."
"The article highlights a bullish reversal signal for USD/INR, noting positive divergence and key resistance levels, directly explaining the significant upward move in the pair."
USD/JPY
EOD Return: 0.01%
USD/JPY rallies towards 148.00 on BOJ’s dovish rhetoric, Japan’s stimulus news
"The article cites the Bank of Japan’s dovish stance combined with upbeat U.S. Q3 GDP data, directly supporting the USD/JPY rally and explaining the 0.85% gain."