AUDUSD sits near its highest level since September, lacks follow-through
"The article highlights that AUD/USD lacks follow‑through buying after a rally, directly explaining the modest decline in its end‑of‑day return."
EUR/GBP
EOD Return: 0.00%
EURGBP's upside attempt,
capped at 0.8775; retreats to 0.8740
"The article highlights that the UK economy contracted less than expected in Q3, providing a clear economic indicator that supports the EUR/GBP’s positive movement."
EUR/USD
EOD Return: -0.00%
EU Commission revises up 2022 Eurozone GDP forecast, sees bigger slowdown in 2023
"The European Commission’s revised GDP outlook for 2023 showed a sharp slowdown to 0.3%, signalling weaker economic prospects in the Eurozone, which likely pressured the euro against the dollar on November 11."
GBP/USD
EOD Return: -0.01%
GBPUSD rallies to multi-month highs, eyeing 1.1800
"The article reports a soft U.S. inflation figure that caused the dollar to tumble sharply, directly weakening GBP/USD on the day."
NZD/USD
EOD Return: -0.00%
NZDUSD eases from two-month peak, consolidates the post-US CPI rally above 0.6000 mark
"The article reports NZDUSD easing from a two‑month high and consolidating after the US CPI rally, indicating a pullback that aligns with the negative end‑of‑day return."
USD/CNY
EOD Return: -0.00%
USD/CNY fix: 7.1907 vs. the estimated 7.1890 and the previous 7.2422
"The People's Bank of China set the yuan’s daily midpoint at 7.1907, below market expectations and the previous level, directly weakening the CNY against the USD and driving the negative return."
USD/INR
EOD Return: 0.01%
USDINR Price News: Indian Rupee retreats from seven-week low to 80.70 as post-US Inflation optimism fades
"The article directly discusses USD/INR movement, citing US CPI data and Fed rate hike expectations that likely drove the 0.61% gain."
USD/JPY
EOD Return: 0.01%
USDJPY Price Analysis: Recovers a few pips from over a two-month low, 61.8% Fibo. support
"The article highlights USDJPY’s recovery from a two‑month low and identifies key technical support at the 61.8% Fibonacci level, directly explaining the positive price movement on that day."
USD/MXN
EOD Return: -0.01%
USDMXN to move toward 19.00 over second half of 2023 – Wells Fargo
"The Wells Fargo outlook directly addresses USD/MXN dynamics and predicts a gradual strengthening of the Peso, which is highly relevant to the currency pair’s daily movement."