Most Important News for 2023-03-16

AUD/USD
EOD Return: 0.01%
Breaking: AUD/USD rescued on positive Aussie jobs report
"The release of upbeat Australian employment figures directly supports the AUD, driving a significant intraday gain and explaining the 0.59% EOD return."
EUR/CHF
EOD Return: 0.00%
EUR/CHF Price Analysis: Double Bottom reversal activates as Credit Suisse’s fiasco continues
"The article highlights a double‑bottom reversal and a breakout above key resistance at 0.9834, coupled with a bullish RSI range, signaling strong upside momentum that aligns with the 0.18% gain."
EUR/GBP
EOD Return: -0.00%
EUR/GBP pares modest intraday gains, up a little around 0.8780 region post-ECB
"The article reports the ECB’s 50‑bp rate hike, directly affecting EUR/GBP sentiment and likely contributing to the day’s modest decline."
EUR/JPY
EOD Return: -0.01%
EUR/JPY is under pressure over ECB
"The news reports a 50 bps rate hike by the ECB, which directly caused the Euro to sell off and pushed EUR/JPY down about 0.7%, matching the day’s negative return."
EUR/USD
EOD Return: 0.01%
ECB agreed to go ahead with 50 bps hike after SNB threw lifeline to Credit Suisse – Reuters
"The Reuters report confirmed the ECB’s 50‑basis‑point rate hike following the Swiss National Bank’s support to Credit Suisse, directly driving EUR/USD gains on March 16."
GBP/USD
EOD Return: 0.01%
GBP/USD bulls pipe up to test H4 resistance after ECB presser
"The ECB’s half‑point rate hike on March 16 weakened the euro and stabilized the dollar, directly supporting GBP appreciation against USD."
NZD/USD
EOD Return: 0.01%
NZD/USD firm around 0.6190s with buyers eyeing the 200-DMA, ahead of US Consumer Sentiment
"The article highlights a risk‑on impulse that lifted the pair after a dip, with traders anticipating US consumer sentiment data—an event likely driving the 1.03% end‑of‑day gain."
USD/CAD
EOD Return: 0.00%
USD/CAD drops below 1.3750 as street anticipates an unchanged Fed policy
"The article highlights expectations of an unchanged Fed policy, directly influencing USD/CAD dynamics and aligning with the modest end‑of‑day rise."
USD/CHF
EOD Return: -0.00%
USD/CHF slides further below 0.9300 as panic over Credit Suisse crisis subsides
"The Credit Suisse crisis triggered heavy selling of USD/CHF, boosting the CHF and driving the pair below key levels, directly contributing to the -0.36% end‑of‑day decline."
USD/CNY
EOD Return: -0.00%
USD/CNY: Yuan will continue to appreciate this year, but at a mild pace – Commerzbank
"Commerzbank’s forecast of a mild CNY appreciation amid cautious growth outlook signals weaker dollar pressure, aligning with the USD/CNY’s modest 0.17% fall."
USD/IDR
EOD Return: -0.00%
USD/IDR pares gains below $15,400 on Bank Indonesia’s status-quo
"Bank Indonesia’s decision to keep the benchmark interest rate unchanged at 5.75% signaled a lack of monetary tightening, weakening expectations for the rupiah and contributing to its decline against the dollar."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Skids below 82.80 as USD Index eyes downside, hawkish Fed bets wane
"The article explains that the USD/INR fell below key support at 82.80 as the USD Index weakened and expectations of a less hawkish Fed reduced demand for dollars, directly driving the negative return."
USD/JPY
EOD Return: -0.01%
USD/JPY could easily trade under 130 should banking sector conditions deteriorate again – ING
"The ING report links the USD/JPY decline to a potential banking sector crisis, highlighting that the pair could fall below 130 as the yen becomes a safe‑haven amid tightening US credit conditions, directly explaining the sharp negative move."
USD/MXN
EOD Return: 0.01%
USD/MXN falls on risk-on impulse and a soft US Dollar ahead of next week’s FOMC
"It directly links the USD/MXN decline to a risk‑on market sentiment and expectations around the upcoming FOMC meeting, which are key drivers for the pair’s movement."
USD/TRY
EOD Return: 0.00%
USD/TRY bulls poke 19.00 as global banking crisis joins Turkiye’s geopolitical hardships
"The article directly links USD/TRY movement to global banking fears, natural disasters, and upcoming Turkish elections—factors that can drive the currency’s short‑term price action."