Most Important News for 2023-02-21

AUD/USD
EOD Return: -0.01%
AUD/USD remains heavily offered below 0.6900 mark amid stronger USD, risk-off mood
"The article highlights that AUD/USD is under heavy selling pressure and remains below 0.6900 due to a stronger USD and risk‑off sentiment, directly explaining the negative end‑of‑day move."
EUR/GBP
EOD Return: 0.00%
GBP unlikely to strengthen consistently against the Euro – ING
"The ING analysis directly links UK PMI expectations and BoE policy to the GBP’s performance against the Euro, providing a clear economic rationale for the modest rise in EUR/GBP."
EUR/JPY
EOD Return: -0.00%
EUR/JPY grinds near 143.50 with eyes on EU/Japan PMIs, yields
"The article highlights key economic indicators—EU and Japan PMIs and yield expectations—that directly influence the EUR/JPY pair, explaining its negative movement on that day."
EUR/SEK
EOD Return: -0.00%
EUR/SEK: A sustainable move below 11.00 still looks premature – ING
"The article cites Sweden’s hotter-than-expected core CPI inflation and expectations of further Riksbank tightening, directly explaining the EUR/SEK decline on that day."
EUR/USD
EOD Return: -0.00%
EUR/USD losses traction and falls toward 1.0660s post-US PMIs, ahead of FOMC’s minutes
"The article highlights the impact of U.S. S&P Global PMI data and traders’ anticipation of FOMC minutes, directly explaining the EUR/USD decline on that day."
GBP/USD
EOD Return: -0.01%
GBP/USD spikes beyond 1.2100 mark on upbeat UK PMIs, stronger USD caps gains
"The article highlights upbeat UK PMI data boosting sterling, yet a hawkish Fed and stronger USD capped gains, directly explaining the GBP/USD decline on that day."
NZD/USD
EOD Return: 0.00%
When is the RBNZ and how it could affect NZD/USD?
"The article reports the Reserve Bank of New Zealand’s anticipated 50‑basis‑point rate hike, a direct catalyst for the NZD/USD rally on that day."
USD/CAD
EOD Return: 0.00%
USD/CAD spikes to 1.3500 mark on softer Canadian consumer inflation figures
"The article reports a spike in USD/CAD to the 1.3500 level driven by softer Canadian consumer inflation figures, directly explaining the positive price movement on that day."
USD/CHF
EOD Return: 0.00%
USD/CHF attempts a break above 0.9280 as risk-off mood solidifies ahead of FOMC minutes
"The article highlights a potential break above the critical 0.9280 level driven by risk-off sentiment and expectations of Fed rate announcements, directly influencing USD/CHF’s upward movement."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.8557 vs. the previous fix of 6.8643
"The PBOC’s daily midpoint fix directly set the yuan at 6.8557, tightening its value against the dollar and driving the USD/CNY to a positive return."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Cushion around 82.70 strengthens as USD Index rebounds
"The article highlights a strong USD Index rebound and an anticipated RBI rate hike, directly influencing the USD/INR pair’s downward movement."
USD/JPY
EOD Return: -0.00%
Japan manufacturers gloomy as global slowdown hurts - Reuters Tankan
"The Reuters Tankan survey reported a negative manufacturing index, signaling weaker Japanese economic activity which typically strengthens the yen and weakens USD/JPY, directly influencing the day's negative return."
USD/KRW
EOD Return: -0.00%
USD/KRW stays depressed below $1,300 on BOK Rhee’s remarks
"Bank of Korea Governor’s cautious stance and mention of high uncertainty kept USD/KRW below the $1,300 level, directly influencing its decline."
USD/MXN
EOD Return: -0.01%
USD/MXN: Failure to hold 18.30 to open up decline towards 17.90/17.60 – SocGen
"The article highlights a failure to hold the 18.30 level, indicating a likely decline toward lower support and cites key economic data (FOMC minutes, US PCE) that could drive the USD/MXN down."