Most Important News for 2023-02-09

AUD/USD
EOD Return: -0.00%
AUD/USD Price Analysis: Bears eye 0.6900 while below 0.6980
"The article details a structural break at 0.7000 and trapped volumes that caused the AUD/USD to drop sharply during the London fix and Wall Street open, directly explaining the -0.27% EOD return."
EUR/CHF
EOD Return: -0.00%
EUR/CHF: Upper end less attractive as SNB likely to remain alarmed for now – Commerzbank
"The article highlights the Swiss National Bank’s continued hawkish stance and an expected March rate hike, directly supporting the franc and explaining the EUR/CHF decline."
EUR/GBP
EOD Return: -0.00%
EUR/GBP struggles near one-week low on softer German inflation, holds above mid-0.8800s
"Softer-than-expected German inflation weakened the euro, directly impacting EUR/GBP and contributing to its slight decline on that day."
EUR/JPY
EOD Return: -0.01%
EUR/JPY Price Analysis: Looks set for a power pack action above 141.00
"The article highlights a surprising decline in German inflation data, which directly influenced EUR/JPY volatility and contributed to the negative return."
EUR/SEK
EOD Return: 0.01%
EUR/SEK plunges toward 11.10 on hawkish Riksbank – Danske Bank
"The article highlights a surprising hawkish stance with a 50 bps rate hike and active quantitative tightening, directly strengthening the SEK and driving EUR/SEK higher."
EUR/USD
EOD Return: -0.01%
German Preliminary HICP drops to 9.2% YoY in January vs. 10.0% expected
"The unexpected drop in Germany’s HICP to 9.2% YoY on February 9 undermined expectations of a stronger Euro and directly contributed to the EUR/USD decline."
GBP/USD
EOD Return: -0.01%
Forex Today: US Dollar struggles to benefit from hawkish Fed commentary
"The article highlights hawkish Fed commentary and its limited impact on the dollar, while emphasizing BoE testimony and upcoming UK GDP data—key factors that likely influenced GBP/USD’s decline on that day."
NZD/USD
EOD Return: -0.00%
NZD/USD rides AUD/USD's coattails, gets set for US CPI next week
"The article highlights NZD/USD’s decline linked to AUD/USD movements and anticipates upcoming U.S. CPI data, directly explaining the negative price action on that day."
USD/CAD
EOD Return: -0.01%
USD/CAD remains depressed near daily low, around 1.3400 mark amid weaker USD
"The article highlights a fresh supply of selling pressure on USD/CAD driven by retreating US bond yields and a risk‑on impulse, coupled with an oil price rally that supports the Canadian dollar—factors directly explaining the 0.80% decline."
USD/CHF
EOD Return: 0.00%
USD/CHF fades rebound from weekly low above 0.9200 on mixed Fed concerns, focus on US data
"The article highlights renewed Fed rate hike fears and strong US data driving risk sentiment, directly influencing USD/CHF’s movement on the day."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.7905 vs. estimate at 6.7900
"The People’s Bank of China set the yuan at 6.7905, slightly higher than the estimate of 6.7900, indicating a tighter control that pushed the USD/CNY pair up by 0.43%."
USD/IDR
EOD Return: 0.00%
USD/IDR Price News: Rupiah consolidates intraday gains above $15,100 on softer Indonesia Retail Sales
"The article reports downbeat Indonesia retail sales, which weakened the Rupiah and contributed to the USD/IDR’s 0.26% gain."
USD/INR
EOD Return: -0.00%
USD/INR: RBI's flexibility to hike further could support the Rupee – Commerzbank
"The article reports the RBI’s 25‑basis‑point policy rate hike and signals potential further tightening, directly influencing expectations for the rupee’s strength against the dollar."
USD/JPY
EOD Return: -0.00%
USD/JPY: Nomination of BoJ Governor to upset the Yen exchange rates quite heavily – Commerzbank
"The article reports that the USD/JPY briefly broke down as investors awaited the Bank of Japan Governor nomination, directly linking political uncertainty to yen weakness and contributing to the day's negative return."
USD/KRW
EOD Return: 0.00%
USD/KRW to touch 1180 later this year – ING
"The article directly forecasts a significant KRW appreciation against the USD, citing factors like China’s reopening and potential BoJ policy changes that would drive the pair below 1200, aligning with the observed positive EOD return."
USD/MXN
EOD Return: -0.01%
BANXICO raises benchmark interest rate to 11.00 pct from 10.50 pct
"The news reports Banxico’s interest‑rate increase to 11%, directly supporting the peso and explaining the sharp USD/MXN decline."