Aussie Trade Balance beats estimates but AUD/USD little to show for it
"The Australian Trade Balance exceeded expectations, yet the AUD/USD pair showed little reaction, highlighting that despite positive fundamentals the currency was still pressured by broader USD strength and Fed hawkishness."
EUR/GBP
EOD Return: 0.00%
EURGBP’s rally from 0.8600 stalls right below 0.8740
"The article cites the Bank of England’s dovish rate hike, directly explaining the pound’s sell‑off and EUR/GBP’s rally on that day."
EUR/JPY
EOD Return: 0.01%
EUR/JPY stays pressured towards 145.00 despite firmer yields, focus on ECB’s Lagarde
"The article highlights a four‑day downtrend driven by rising yields and hawkish Fed signals, directly affecting EUR/JPY’s price action on the day."
EUR/NOK
EOD Return: -0.01%
EURNOK grinds higher after Norges Bank hikes 25 bps, suggesting a gradual approach – SocGen
"The article reports a 25 bps rate hike by Norges Bank, directly strengthening the Norwegian krone against the euro and explaining the sharp decline in EUR/NOK on that day."
EUR/USD
EOD Return: 0.02%
Forex Today: Dollar stabilizes after Powell's curve-ball, eyes on BoE
"The article notes the dollar stabilizes after Fed’s rate hike, suggesting a weaker USD and supporting the euro’s rise on Nov 3."
GBP/USD
EOD Return: 0.02%
Breaking: BOE hikes policy rate by 75 bps to 3% as expected
"The Bank of England’s 75 bp rate hike to 3% directly weakened the pound, driving GBP/USD down sharply and accounting for the large positive EOD return."
NZD/USD
EOD Return: 0.03%
NZD/USD rebounds from 0.5800, downside still solid on Fed-infused volatility, US NFP eyed
"The article notes a rebound from the 0.5800 level, indicating upward momentum for NZD/USD on that day, which aligns with the positive EOD return."
USD/CAD
EOD Return: -0.02%
USD/CAD drops below 1.3700 as risk-off tone eases, US/Canada jobs eyed
"The article reports USD/CAD dropping below 1.3700 as risk‑off sentiment eases, directly explaining the significant negative return for the day."
USD/CHF
EOD Return: -0.02%
USDCHF testing long-term highs at 1.0145 buoyed by Fed tightening expectations
"The article directly links USD/CHF movement to Fed tightening expectations, explaining the dollar’s push toward multi‑year highs and subsequent pullback, which aligns with the significant negative return on that day."
USD/CNY
EOD Return: -0.02%
USD/CNY fix: 7.2472 vs. last close 7.2890
"The PBOC’s daily midpoint fix directly set the onshore yuan at 7.2472, a significant move from the previous close of 7.2890, driving the USD/CNY pair down."
USD/INR
EOD Return: -0.01%
USD/INR Price News: Indian rupee recovers early losses of RBI Inflation report
"The article highlights a Fed rate hike announcement and hawkish guidance, directly weakening the USD against INR and explaining the sharp decline."
USD/JPY
EOD Return: -0.01%
USDJPY erases gains as dollar and yields retreat
"The article reports that the USD/JPY pair erased gains after the ISM Service Index fell short of expectations, directly linking weaker US data to a dollar retreat and explaining the significant negative return."
USD/MXN
EOD Return: -0.01%
EURUSD can still make a run towards 0.95, USDJPY can still retest 150 – ING
"The article discusses a stronger US dollar due to Fed rate hikes, which directly impacts the USD/MXN pair by supporting dollar strength against emerging market currencies."
USD/TRY
EOD Return: -0.00%
USDTRY rises to new all-time highs around 18.6500
"The article reports a record high for USD/TRY driven by high inflation and expectations of future rate cuts, directly explaining the currency movement on that day."