"The article cites softer Eurozone inflation and expectations of ECB rate hikes limiting the euro’s strength, directly explaining the EUR/GBP decline."
"The article highlights a Eurozone inflation slowdown and rising German unemployment, which weaken hawkish ECB expectations and directly explain the EUR/JPY decline."
EUR/NOK
EOD Return: -0.00%
EUR/NOK: Krone is not out of the woods yet, 2023 will be better – Nordea
"The article directly addresses the EUR/NOK pair by noting that Norges Bank is reducing its NOK sales, which is a key driver for the currency’s value and explains the slight depreciation seen on the day."
EUR/USD
EOD Return: 0.01%
EUR/USD climbs towards 1.0350s on dovish Powell speech
"Powell’s dovish remarks on rate‑hike pace triggered a sharp Euro rally, directly driving the 1.12% daily gain."
"The article reports a decisive break of the GBP/USD structure following a dovish Fed speech, with bulls targeting liquidity at 1.2150, directly explaining the sharp 1.64% gain."
NZD/USD
EOD Return: 0.01%
NZD/USD rallies above the 200-DMA and 0.6300 on a soft US Dollar
"The article highlights a dovish speech by Fed Chair Jerome Powell that weakened the US dollar, directly supporting the NZD/USD pair’s rise and aligning with the day’s strong 1.18% return."
USD/CAD
EOD Return: 0.00%
USD/CAD declines towards 1.3400 on Fed Powell’s less-hawkish commentary
"The article cites Fed Chair Jerome Powell’s less‑hawkish commentary, directly linking it to a decline in USD/CAD, while also noting a significant jump in oil prices that supports the Canadian dollar—both factors most likely driving the 0.17% EOD gain."
USD/CHF
EOD Return: -0.01%
USD/CHF Price Analysis: Hits weekly high and drops towards 0.9510s on risk-off mood
"The article highlights a scheduled Fed Chair Jerome Powell speech that triggered a risk‑off mood, causing USD/CHF to retreat from weekly highs toward 0.95, directly explaining the sharp negative return."
USD/CNY
EOD Return: -0.01%
USD/CNY fix: 7.1769 vs. the last close of 7.1575
"The People's Bank of China’s daily midpoint fix directly set the onshore yuan rate, providing a clear benchmark that likely influenced the USD/CNY pair’s movement for the day."
USD/IDR
EOD Return: -0.01%
USD/IDR Price News: Indonesian Rupiah holds steady near 15,740 on BI comments
"Bank Indonesia’s governor signaled expectations for a stronger rupiah in 2023, directly influencing USD/IDR sentiment and contributing to the day's decline."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Rupee steadies near 81.60 with eyes on India GDP, Fed Chair Powell
"The article highlights key economic indicators (India GDP, Fed Chair Powell’s hawkish stance) and market expectations that directly influence USD/INR movement, making it the most relevant to the day's negative return."
USD/JPY
EOD Return: -0.02%
USD/JPY Price analysis: Bears eye a break of key support structures
"The article cites Fed Chair Jerome Powell’s statement that the U.S. could scale back rate hikes, directly weakening the dollar and boosting the yen, which explains the significant USD/JPY decline."
USD/MXN
EOD Return: -0.01%
USD/MXN Price Analysis: Sharp reversal of the US Dollar, rises toward 19.50
"The article highlights a sharp rise in the USD/MXN driven by US dollar strength ahead of the Federal Reserve Chair’s speech and the Mexican peso’s poor performance, directly explaining the negative return."