AUD/USD finds bids from 0.6350, downside looks likely on Fed-RBA policy divergence
"The article highlights a Fed rate hike and widening policy divergence with the RBA, directly impacting the AUD/USD pair’s downside momentum on that day."
EUR/GBP
EOD Return: 0.01%
EUR/GBP in range below 0.8625 ahead of the FOMC
"The article highlights the expectation of a dovish Bank of England rate hike and its impact on EUR/GBP, directly explaining the significant positive move in the pair."
EUR/JPY
EOD Return: -0.00%
EUR/JPY Price Analysis: Well-set for further downside below 146.00
"It reports a clear technical breakdown with a strong bearish MACD signal and indicates that a daily close below the September peak is required, directly explaining the significant downside move."
EUR/USD
EOD Return: -0.01%
EUR/USD reverses sharply on Powell's words, breaks below 0.9850 to weekly lows
"Powell’s hawkish remarks triggered a sharp reversal, breaking below key levels and driving the EUR/USD down sharply on that day."
GBP/USD
EOD Return: -0.02%
Forex Today: It's all about the Fed
"The news focuses on the FOMC meeting and Powell’s press conference, which were the primary drivers of the GBP/USD decline on November 2, directly impacting the pair’s EOD return."
NZD/USD
EOD Return: -0.01%
NZD/USD returns to 0.5860 area after spiking up to 0.5940 post-FOMC
"The article reports that the NZD/USD fell sharply after the FOMC decision and Powell’s hawkish comments, directly explaining the negative return for the day."
USD/BRL
EOD Return: -0.01%
USD/BRL to remain confined between 5.50 and 5.00 in Q4 – Credit Suisse
"Credit Suisse’s Q4 target range of 5.00‑5.50 for USD/BRL following Lula’s runoff victory signals expected resistance above 5.00, contributing to the currency’s decline."
USD/CAD
EOD Return: 0.00%
USD/CAD refreshes weekly high above 1.3700 as Fed announces bigger rate hike
"The news reports the Federal Reserve’s significant rate hike to 3.75‑4%, directly strengthening the USD against the CAD and driving the pair up, which aligns with the positive EOD return."
USD/CHF
EOD Return: 0.01%
USD/CHF struggles to defend post-Fed rally above 1.0000 ahead of Swiss Inflation, US ISM PMI
"The FOMC’s 75 bp rate hike announcement directly strengthened the dollar against CHF, driving the pair above the 1.0000 psychological level and contributing to the 1% gain."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 7.2197 vs. last close of 7.2810
"The PBOC’s daily midpoint fix of the yuan at 7.2197 versus the previous close directly influences the USD/CNY exchange rate, explaining the positive return."
USD/INR
EOD Return: -0.00%
USD/INR: Indian rupee to continue to head lower towards year-end – MUFG
"The MUFG analysis explicitly forecasts a further depreciation of the rupee to 84 by year‑end due to expected Fed rate hikes, directly linking policy expectations to the currency’s movement."
USD/JPY
EOD Return: 0.00%
USD/JPY hits multi-day lows near 146.00 as FOMC hints at a slower pace of rate hikes
"The Fed’s 75‑basis‑point rate hike and signal of a potential slowdown in future hikes directly weakened the USD, driving USD/JPY lower on that day."
USD/TRY
EOD Return: -0.00%
USD/TRY seesaws near record high below 19.00 ahead of Fed, Turkish inflation
"The article highlights the USD/TRY approaching an all‑time high and outlines key upcoming events (Fed policy, Turkish CPI) that directly influence the currency’s near‑term direction, making it the most relevant to the slight decline in the day’s return."