AUD/USD struggles to extend gains above 0.6970 ahead of US Inflation and RBA Lowe’s speech
"The article highlights the imminent US CPI release and the upcoming RBA Lowe’s speech, both key drivers for AUD/USD movements on that day."
EUR/GBP
EOD Return: -0.00%
GBP to remain on the back foot in the months ahead – Rabobank
"The Rabobank report highlights the UK's only G7 economy with output below pre‑pandemic levels, indicating sustained downward pressure on GBP and explaining the EUR/GBP decline."
EUR/JPY
EOD Return: 0.01%
EUR/JPY climbs above 142.00 on risk-on impulse, breaks technical resistance
"The news highlights a risk‑on move with EUR/JPY breaking key resistance at 142.00 and includes speculation that the new BOJ Governor could adopt a hawkish stance, potentially strengthening the yen and driving the currency pair higher."
EUR/USD
EOD Return: 0.00%
EU Commission revises up 2023 Eurozone GDP forecast, inflation projection lowered
"The European Commission’s upward revision of the Eurozone GDP forecast to 0.9% in 2023 directly supports the EUR/USD pair, providing a clear economic catalyst that likely contributed to the 0.14% end‑of‑day gain."
GBP/USD
EOD Return: 0.00%
GBP/USD bulls approach 1.2150 ahead of UK employment, US inflation figures
"The article highlights bullish momentum for GBP/USD with expectations of an end to the UK labor strike and a pullback in the US dollar ahead of key UK employment and US CPI data, directly supporting the 0.28% positive return."
NZD/USD
EOD Return: -0.00%
NZD/USD struggles to capitalize on modest intraday gains, remains below mid-0.6300s
"The article highlights hawkish Fed expectations and recession fears that limit USD downside, yet the NZD/USD struggled to sustain intraday gains and remained below key levels, directly explaining its end‑of‑day decline."
USD/CAD
EOD Return: 0.00%
USD/CAD extends recovery above 1.3370 as spotlight shifts to US Inflation
"The article highlights a surprise jump in U.S. CPI, signaling continued Fed tightening, while Canada’s weak employment cost index could keep the BoC dovish—factors directly influencing USD/CAD’s modest gain."
USD/CHF
EOD Return: 0.00%
USD/CHF stabilizes below 0.9200 as investors digest US Inflation-inspired uncertainty
"The article highlights a rise in Swiss CPI, suggesting potential SNB rate hikes that directly influence USD/CHF strength, aligning with the positive EOD return."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.8151 vs. the last close of 6.8158
"The People's Bank of China’s daily midpoint fix lowered the yuan to 6.8151 from 6.8158, directly strengthening the USD against the CNY and explaining the modest 0.06% rise."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Indian Rupee slides to 82.80 as markets brace for US inflation
"The article highlights US inflation expectations and hawkish Fed sentiment driving the rupee’s decline, directly explaining the 0.39% EOD move."
USD/JPY
EOD Return: 0.01%
USD/JPY marches beyond 132.00 as BoJ policy appears safe, Japan GDP, US inflation eyed
"The article highlights key economic data—Japan’s GDP and U.S. inflation expectations—and signals that the Bank of Japan’s policy is perceived as stable, directly influencing USD/JPY movement."
USD/MXN
EOD Return: -0.00%
USD/MXN faces barricades around 18.70 as upside looks capped ahead of US Inflation
"The article highlights rising US inflation expectations and a risk‑off mood that capped USD/MXN upside, directly explaining the pair’s decline on that day."