Aussie Trade Balance weighs on AUD/USD despite higher surplus
"The release of Australia’s October Trade Balance showed a weaker surplus, directly impacting the AUD and causing a noticeable drop in AUD/USD on the day."
EUR/GBP
EOD Return: -0.00%
EUR/GBP extends recovery after a rebound from 0.8600 ahead of ECB Lagarde’s speech
"The article highlights the upcoming ECB Governor Lagarde speech and rising Eurozone inflation expectations, both key drivers for EUR/GBP movements on that day."
EUR/USD
EOD Return: -0.00%
EUR/USD lacks any firm intraday direction, remains confined in a range around 1.0500 mark
"The article highlights a narrow trading band around 1.0500 with rising US bond yields and recession fears boosting the dollar, directly explaining the EUR/USD decline on that day."
GBP/USD
EOD Return: 0.00%
GBP/USD eyes more gains above 1.2250 amid upbeat market mood, UK GDP eyed
"The article cites a BoE rate hike of 50 bps amid recession concerns and upbeat market mood, directly influencing the GBP/USD pair’s movement on that day."
NZD/USD
EOD Return: 0.00%
NZD/USD grinds near 0.6400 on mixed NZ data, focus locked on China/US statistics
"The article highlights improved New Zealand manufacturing sales and upcoming China/US data, providing a clear economic backdrop that likely supported the NZD/USD’s 0.47% gain."
USD/CAD
EOD Return: 0.00%
BoC’s Kozicki: Future rate decisions to rely more on data
"Deputy Governor Sharon Kozicki’s comment that the Bank of Canada will base future rate decisions on economic data signals potential tightening, supporting the Canadian dollar and driving the USD/CAD pair higher."
USD/CHF
EOD Return: -0.00%
USD/CHF declines towards 0.9350 as focus shifts to Fed/SNB interest rate decision
"The article highlights the imminent Fed interest rate announcement, a key driver for USD/CHF movement on that day, directly linking the currency pair’s decline to monetary policy expectations."
USD/CNY
EOD Return: -0.00%
USD/CNY fix: 6.9606 vs. the last close of 6.9693
"The PBOC’s daily midpoint fix directly set the onshore yuan at 6.9606, causing a clear depreciation of USD/CNY and explaining the negative EOD return."
USD/INR
EOD Return: 0.00%
USD/INR Price Analysis: Indian Rupee bears need validation from 82.65
"The article highlights USD/INR approaching a key resistance level at 82.65 after a recent monthly high, directly indicating the factors driving the 0.16% gain."
USD/JPY
EOD Return: -0.00%
USD/JPY erases gains, still above 136.00
"The article reports that USD/JPY is falling for the second consecutive day, indicating a clear downward pressure on the pair which aligns with the negative EOD return."