Forex Today: US Dollar struggles amid cautious mood, falling yields
"The article highlights a weakening U.S. dollar amid risk‑off sentiment and falling yields, which directly supports the AUD/USD pair’s upward move on that day."
EUR/GBP
EOD Return: 0.00%
Softer stance on Brexit should benefit the Pound in the long run – ING
"The article discusses a softer Brexit stance and potential trade improvements with the EU, directly supporting the Pound against the Euro."
EUR/JPY
EOD Return: 0.01%
EUR/JPY Price Analysis: Subduead around 139.00 as a death-cross looms
"The article highlights the imminent release of Japanese CPI data, a key economic indicator that can significantly influence EUR/JPY movements, making it the most relevant news for the day's price action."
EUR/NOK
EOD Return: 0.00%
EUR/NOK could trade close to 10.60-10.65 again, NB set to deliver last hike – ING
"The Norges Bank policy announcement directly impacts the NOK, with expectations of a rate hike and upside risk for the currency, driving EUR/NOK movement."
EUR/USD
EOD Return: 0.00%
ECB’s Knot: Planning to hike by 50 bps multiple times
"Klaas Knot’s statement that the ECB will likely implement several 50‑bps hikes signaled strong monetary tightening, directly supporting the euro and driving the EUR/USD upward on the day."
GBP/USD
EOD Return: 0.00%
GBP underperformance unlikely to persist – HSBC
"HSBC’s analysis highlighted a shift away from the recent weak BoE stance and improving UK fundamentals, suggesting a rebound in risk sentiment that likely supported GBP/USD’s modest gain."
NZD/USD
EOD Return: 0.01%
NZD/USD rebounds from six-day lows after US data
"The article notes that better-than-expected U.S. economic data boosted risk appetite, leading the NZD/USD to rebound from six‑day lows and climb toward 0.6402, directly supporting the strong end‑of‑day gain."
USD/CAD
EOD Return: -0.01%
USD/CAD slides to fresh daily low amid weaker USD, modest uptick in oil prices
"The article reports a fresh daily low driven by a weaker USD and rising oil prices, directly explaining the significant decline in USD/CAD on that day."
USD/CHF
EOD Return: 0.00%
USD/CHF Price Analysis: Bounces off 14-month low but stays on the bear’s radar below 0.9200
"It highlights a clear downside break of a key ascending trend line and the CHF’s move below its 200‑DMA, indicating strong bearish pressure that likely drove the 0.46% gain in USD/CHF."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.7674 vs. the previous fix of 6.7602
"The People’s Bank of China set the daily midpoint fix for the yuan, directly influencing the USD/CNY exchange rate and explaining the positive return."
USD/IDR
EOD Return: -0.00%
USD/IDR Price Analysis: Bears attack 200-DMA with eyes on Bank Indonesia Rate decision
"The article directly links the USD/IDR movement to Bank Indonesia’s upcoming rate decision, which is a key driver for the currency pair’s daily performance."
USD/INR
EOD Return: -0.00%
USD/INR: More rigorous intervention by the RBI near 81.00 – Credit Suisse
"The Credit Suisse report highlights potential RBI intervention near the 81.00 level and widens the USD/INR range, directly influencing market expectations and contributing to the rupee’s decline."
USD/JPY
EOD Return: 0.01%
BoJ Governor Contender Ito: BoJ could widen band around its 10-year yield target by mid-year
"The article discusses the Bank of Japan potentially widening its yield target band, signaling a move away from negative rates and supporting the yen, which directly explains the USD/JPY’s significant rise."
USD/MXN
EOD Return: -0.01%
USD/MXN rises back above 19.00 after a brief pullback
"The article reports USD/MXN rising above 19.00 after a pullback, indicating a strengthening dollar against the peso, which aligns with the observed negative EOD return."