AUD/USD eyes more downside below 0.6570 on RBA Lowe’s less hawkish remarks
"RBA Governor Lowe’s less hawkish remarks directly influenced market sentiment on the AUD, making this news most relevant to the day’s price movement."
EUR/GBP
EOD Return: -0.00%
EUR/GBP set to test next key resistances at 0.8950 and the 0.8970 February high – ING
"The article cites hawkish ECB rate expectations and a more attractive Euro versus the Pound, directly explaining the downward pressure on EUR/GBP."
EUR/JPY
EOD Return: -0.01%
EUR/JPY senses heat around 145.00 as street sees further tweaks in Japan’s YCC
"The article highlights rising bets for an expansion of the Bank of Japan’s yield curve control, directly affecting EUR/JPY by signaling potential tightening that can push the pair lower."
EUR/NOK
EOD Return: 0.00%
NOK to remain under severe pressure in the coming weeks – Nordea
"Fed Chairman Powell’s hawkish remarks triggered a sharp weakening of the Norwegian Krone, directly impacting EUR/NOK and driving the positive return."
EUR/USD
EOD Return: 0.00%
Forex Today: Hawkish Powell lifts US Dollar to multi-month highs ahead of US data
"Powell’s testimony that opened the door to a 50‑basis‑point rate hike sparked a strong dollar rally, directly driving EUR/USD down and accounting for the day’s 0.33% move."
GBP/USD
EOD Return: 0.01%
Forex Today: Hawkish Powell lifts US Dollar to multi-month highs ahead of US data
"Powell’s hawkish testimony on March 8 opened the door to a 50‑basis‑point rate hike, sparking a sharp rally in the US dollar that directly pressured GBP/USD higher."
NZD/USD
EOD Return: -0.00%
NZD/USD Price Analysis: Bulls sit tight in anticipation of an opportunity at a discount
"Fed Chair Powell’s hawkish remarks directly pressured the NZD/USD pair, leading to a decline toward its lowest level since November."
USD/CAD
EOD Return: 0.00%
Breaking: Bank of Canada leaves policy rate unchanged at 4.5% as expected
"The BoC’s unchanged policy rate announcement directly influenced the USD/CAD pair, confirming market expectations and supporting the currency’s rise."
USD/CHF
EOD Return: -0.01%
USD/CHF Price Analysis: Indecision surrounds the major with a doji emerging around 0.9410
"The article highlights indecision and a doji around key levels, indicating uncertainty that likely contributed to the USD/CHF’s decline on March 8."
USD/IDR
EOD Return: -0.00%
USD/IDR to trade slightly lower over the coming months – ING
"The article directly discusses the USD/IDR pair’s expected decline, citing Bank Indonesia’s rate decision and inflation outlook—factors likely driving the negative return."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Scales firmly to 82.30 as Fed’s Powell sees bigger terminal rate
"The article directly links the USD/INR movement to Fed policy expectations and Treasury yields, key drivers of the currency pair’s daily return."
USD/JPY
EOD Return: -0.01%
Forex Today: Hawkish Powell lifts US Dollar to multi-month highs ahead of US data
"Powell’s testimony signalling a potential 50‑basis‑point rate hike spurred the dollar to multi‑month highs, weakening USD/JPY and driving the day’s negative return."
"The article highlights a sharp drop in the MXN to new lows below $18, driven by strong ADP employment data and hawkish Fed comments, directly supporting the USD’s appreciation against the peso."
USD/NOK
EOD Return: 0.00%
NOK to remain under severe pressure in the coming weeks – Nordea
"The article directly links Fed Chairman Powell’s hawkish remarks to a weakening NOK, explaining the short‑term pressure and potential rate hikes, which directly influences USD/NOK movement."