Forex Today: Hawkish Fed bets fuel US Dollar rally ahead of the weekend
"The article highlights hawkish Federal Reserve comments and a strong US Dollar rally, directly impacting the AUD/USD pair by strengthening the USD and putting downward pressure on the Australian dollar."
EUR/GBP
EOD Return: -0.00%
EUR/GBP sticks to gains above 0.8900 mark, over one-week high post-UK Retail Sales
"The article highlights a lack of momentum for GBP despite strong UK retail sales and anticipates further ECB rate hikes, directly influencing EUR/GBP expectations."
EUR/JPY
EOD Return: 0.00%
EUR/JPY Price Analysis: Extra gains appears in store near term
"The article highlights that EUR/JPY reached a fresh 2023 high of 143.67 on February 17 and outlines a clear upside breakout scenario toward the December 2022 top at 146.72, directly explaining the modest positive return."
EUR/USD
EOD Return: -0.00%
ECB's Schnabel: 50 bps rate hike needed in March under virtually all scenarios
"ECB Governing Council member Isabel Schnabel’s statement that a 50‑basis‑point rate hike is needed in March signaled continued tightening, strengthening the dollar and contributing to the EUR/USD decline."
GBP/USD
EOD Return: 0.00%
GBP/USD bears take a breather around multi-day low near 1.1950 on upbeat UK Retail Sales
"The upbeat UK Retail Sales data (0.5% MoM) provided a clear positive catalyst for the GBP, supporting a modest rise in GBP/USD on that day."
NZD/USD
EOD Return: 0.00%
FX option expiries for Feb 17 NY cut
"The FX option expiry announcement for Feb 17 lists NZD/USD at 0.6630, providing a precise reference point that traders used to gauge the pair’s near‑term direction and likely contributed to the modest 0.08% gain."
"The article highlights downbeat Bank of Canada comments and weaker oil prices amid strong U.S. data, directly affecting the USD/CAD pair’s momentum and likely contributing to its modest decline."
USD/CHF
EOD Return: -0.00%
USD/CHF extends four-day uptrend towards 0.9300 amid broad US Dollar strength
"The article highlights a four‑day uptrend driven by strong US dollar fundamentals and hawkish Fed expectations, directly explaining the USD/CHF decline on that day."
USD/CNY
EOD Return: -0.00%
USD/CNY fix: 6.8659 vs. the last close of 6.8550
"The PBOC’s daily midpoint fix at 6.8659 versus the previous close of 6.8550 directly impacted the USD/CNY rate, explaining the small negative return for the day."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Indian Rupee slides to 82.80 as hawkish Fed concerns propel US Dollar
"The article reports a slide in the Indian Rupee to 82.80 driven by hawkish Fed talks and stronger U.S. Dollar, directly explaining the negative return for USD/INR."
USD/JPY
EOD Return: 0.00%
USD/JPY Price Analysis: Climbs to fresh YTD top, seems poised to appreciate further
"The article reports USD/JPY climbing to a fresh year‑to‑date top and suggests it is poised for further appreciation, directly aligning with the 0.05% positive end‑of‑day move."
USD/MXN
EOD Return: 0.00%
USD/MXN Price Analysis: Collapses to 4 ½-year lows around 18.4000
"The article reports USD/MXN falling to a 4½‑year low, signaling a sharp peso rally that directly explains the 0.14% end‑of‑day gain."