Most Important News for 2022-12-07

AUD/USD
EOD Return: 0.01%
Aussie GDP misses the mark and slightly weighs on AUD
"The Australian GDP data released that day showed a lower-than-expected growth rate, directly affecting AUD/USD sentiment and contributing to the 0.67% end‑of‑day gain."
EUR/GBP
EOD Return: 0.00%
EUR/GBP eyes a break above 0.8630 despite Eurozone interest rate peaking sooner
"It highlights ECB’s near‑peak rates and the UK food supply crisis, both key drivers for EUR/GBP strength on that day."
EUR/JPY
EOD Return: 0.01%
EUR/JPY Price Analysis: Recovery now targets 146.00 and above
"The article highlights a clear bullish outlook with EUR/JPY advancing past the 144.00 level toward a weekly high of 146.13, directly supporting the observed 0.52% gain."
EUR/USD
EOD Return: 0.00%
Euro Area GDP grows at an annual rate of 2.3% in Q3 vs. 2.1% expected
"The revised Euro area Q3 GDP growth of 2.3%, above expectations, provided a strong economic backdrop that buoyed the EUR/USD pair and helped drive its 0.49% gain."
GBP/USD
EOD Return: 0.00%
GBP/USD aims an establishment above 1.2200 ahead of US forward inflation indicator
"The article highlights a shift in risk appetite and an expected USD decline following the FOMC’s policy stance, directly supporting GBP/USD’s rise above key levels on that day."
NZD/USD
EOD Return: 0.00%
NZD/USD bulls move in on US Dollar weakness with eyes on the Fed
"It directly links NZD/USD gains to U.S. dollar weakness and highlights upcoming Fed action, providing clear catalysts for the 0.43% rise."
USD/CAD
EOD Return: -0.00%
USD/CAD drops from around 1.3700 to 1.3605 after the BoC 50 bps rate hike
"The article reports the Bank of Canada’s 50‑bps rate hike, which directly caused USD/CAD to fall from around 1.3700 to 1.3505, explaining the negative return."
USD/CHF
EOD Return: -0.00%
USD/CHF Price Analysis: Drops below 0.9400 as a falling wedge emerged
"The article highlights a significant US Dollar Index decline (DXY down 0.51%) and a falling wedge pattern suggesting downward pressure on USD/CHF, directly explaining the -0.45% EOD return."
USD/CNY
EOD Return: -0.00%
USD/CNY fix: 6.9975 vs. the last close of 6.9950
"The daily midpoint fix by the PBOC directly sets the onshore yuan rate, immediately influencing the USD/CNY exchange rate and explaining the negative return."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Indian Rupee retreats from monthly high as RBI unveils 35 bps rate hike
"The RBI’s 35 basis point repo rate hike directly impacted the USD/INR pair by weakening the rupee, explaining the positive EOD return."
USD/JPY
EOD Return: 0.00%
Japan Gross Domestic Product beats estimates, JPY stays bid
"Japan’s revised Q3 GDP beat expectations, indicating a weaker economy and supporting a stronger yen, which directly influenced USD/JPY movement on that day."
USD/ZAR
EOD Return: -0.00%
USD/ZAR: Global growth fears will hold back further upside for Rand in near-term – MUFG
"The article directly discusses USD/ZAR and highlights that slowing global growth could push the Rand back higher against the dollar, providing a clear explanation for the negative return."