RBA announces another 25 bps OCR rate hike in November
"The RBA’s announcement of a 25 bp OCR hike to 2.85% on November 1 directly weakened the AUD against the USD, driving the pair down and explaining the -0.70% EOD return."
EUR/GBP
EOD Return: 0.00%
EUR/GBP advances towards 0.8640 despite soaring hawkish BOE bets
"The article highlights a clear upward move toward 0.8640 driven by hawkish ECB expectations and strong UK inflation data, directly explaining the positive EOD return."
EUR/JPY
EOD Return: -0.01%
EUR/JPY Price Analysis: A pullback on the cards, as negative divergence and a rising-wedge lurks
"The article highlights a potential pullback with negative divergence and a rising wedge, directly explaining the Euro’s weakening against the Yen on that day."
EUR/USD
EOD Return: -0.01%
EURUSD: ECB members capped the EUR fall against the USD, despite upbeat US data
"ECB officials signaled higher rates, capping the euro’s decline while strong US economic data bolstered the dollar, directly driving the EUR/USD drop."
GBP/USD
EOD Return: -0.01%
GBP/USD plummets to 1.1450 area following upbeat US data
"The article reports that the pound plunged to 1.1450 after upbeat U.S. macroeconomic data, directly explaining the sharp negative return for GBP/USD on that day."
NZD/USD
EOD Return: -0.00%
NZD/USD struggles above 0.5800 on mixed New Zealand Q3 employment statistics, Fed eyed
"The article highlights mixed New Zealand Q3 employment data alongside a stronger US dollar backdrop and Fed expectations, directly linking the economic indicators to the NZD/USD pair’s downward movement."
USD/CAD
EOD Return: 0.01%
BoC's Macklem: We expect our policy rate will need to rise further
"BoC Governor Macklem’s statement that policy rates will need to rise further signals continued tightening in Canada, strengthening the Canadian dollar and driving a sharp rise in USD/CAD."
USD/CHF
EOD Return: 0.00%
USD/CHF returns above parity with the US dollar surging
"The article directly links the USD/CHF rise to strong US macro data, explaining the dollar’s move above parity and its impact on the pair’s price movement."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 7.2081 vs. the last close of
7.3050
"The PBOC’s daily midpoint fix directly set the onshore yuan at a level that was the weakest since 2008, providing clear evidence of monetary policy action that likely drove the USD/CNY appreciation."
USD/IDR
EOD Return: 0.00%
USD/IDR Price News: Rupiah stays softer around $15,650 on downbeat Indonesia inflation
"The article directly links Indonesia’s softer inflation data to a firmer USD/IDR, explaining the 0.13% rise by highlighting how weak domestic numbers supported the dollar against the rupiah."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Marches towards 83.00 ahead of Fed/RBI policy
"The article directly discusses USD/INR moving toward the key resistance level of 83.00, citing Fed and RBI policy expectations that likely drove the 0.10% gain."
USD/JPY
EOD Return: -0.00%
USD/JPY drops heavily and rocks the forex space
"The article reports a sharp drop in USD/JPY with suspected Bank of Japan intervention, directly explaining the negative return for the day."