When are the RBA minutes and how might they affect AUD/USD?
"The release of the RBA minutes, which indicated a softer 0.25% rate hike and hinted at a potential policy pivot, directly influenced market expectations for AUD/USD, contributing to its decline."
EUR/CHF
EOD Return: -0.00%
EUR/CHF to move slightly lower on the back of fundamentals and retightening financial conditions – Danske Bank
"Danske Bank’s analysis highlights inflation acceleration and continued SNB tightening, directly supporting a weaker EUR/CHF and explaining the day’s negative return."
EUR/GBP
EOD Return: 0.01%
EUR/GBP juggles around 0.8750 as focus shifts to UK Inflation and BoE policy
"The article focuses on upcoming BoE policy and UK inflation data, key drivers for EUR/GBP movements, directly influencing the 0.92% EOD return."
EUR/JPY
EOD Return: 0.01%
EUR/JPY breaks below 140.00 mark as demand for the Japanese Yen surges
"The article highlights a surge in demand for the Japanese Yen and a break below the 140.00 mark, indicating significant pressure on EUR/JPY which directly relates to its price movement that day."
EUR/NOK
EOD Return: -0.01%
EUR/NOK: Krone under pressure near-term, better prospects in the long run – Danske Bank
"The article directly addresses the EUR/NOK pair, noting near‑term pressure on the krone and a continued downward trajectory, which aligns with the negative EOD return."
EUR/SEK
EOD Return: 0.00%
EUR/SEK to hover around 11.00 before rising toward 11.40 in the long run – Danske Bank
"The article directly discusses EUR/SEK expectations, citing a potential rise to 11.40 and highlighting Riksbank rate hikes versus ECB positioning, which directly influences the currency pair’s movement."
EUR/USD
EOD Return: 0.00%
EUR/USD rises on ECB speakers, sentiment improvement, Lagarde’s eyed
"Lagarde’s remarks about persistent inflation and potential further rate hikes boosted market confidence in the euro, directly supporting the EUR/USD rally on March 20."
GBP/USD
EOD Return: -0.01%
GBP/USD upside stalls near 1.2280 amid banking crisis, BoE response, and Brexit uncertainty
"The article highlights the banking crisis and the Bank of England’s potential to pause rate hikes, directly impacting GBP/USD sentiment and contributing to the day’s decline."
NZD/USD
EOD Return: -0.01%
NZD/USD fails to capitalize on a weaker US Dollar and tumbles below the 200-DMA
"The article notes NZD/USD failed to capitalize on a weaker USD, tumbled below the 200‑day EMA, and was pressured by rising UST bond yields—direct factors that explain the sharp -0.85% move."
USD/CAD
EOD Return: 0.00%
USD/CAD eyes fresh downside below 1.3650 as Fed to sound less-hawkish, Canada CPI eyed
"The article highlights a potential shift in Fed policy toward being less hawkish and anticipates softer Canadian inflation, both of which directly support the USD/CAD pair’s rise."
USD/CHF
EOD Return: -0.01%
USD/CHF eyes 0.9300 level with Fed and SNB decisions in focus
"The article highlights the imminent Federal Reserve meeting and the ongoing Swiss banking crisis, both key drivers that likely pressured USD/CHF lower on March 20."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.8694 vs. the 6.8701 estimated
"The People’s Bank of China set the yuan at 6.8694 versus the expected 6.8701, indicating a modest tightening that likely contributed to the USD/CNY's small positive return."
USD/IDR
EOD Return: -0.00%
USD/IDR faces further consolidation near term – UOB
"The UOB analyst’s forecast of a tight consolidation range for USD/IDR directly signals limited upside potential, aligning with the modest 0.10% decline observed at market close."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Indian Rupee buyers flirt with 82.50 amid cautious optimism, Fed in focus
"The article highlights key factors affecting the USD/INR pair—Fed policy expectations and global liquidity tightening—which directly influence the currency’s movement on March 20, 2023."
USD/JPY
EOD Return: 0.01%
USD/JPY back below 131.50 mark as focus shift to upcoming FOMC meeting
"The article highlights a shift in focus to the upcoming FOMC meeting, directly linking US monetary policy expectations to USD/JPY movements and explaining the pair’s decline as investors anticipate Fed actions."
USD/MXN
EOD Return: -0.01%
USD/MXN stumbles below $19.00 on risk-on impulse and soft US Dollar
"The article cites weak US economic data and expectations of a Fed rate hike, directly explaining the USD’s decline against MXN and aligning with the negative EOD return."
USD/MYR
EOD Return: -0.00%
USD/MYR risks further pullbacks – UOB
"UOB’s analysis highlighted a likely short‑term top at 4.5290 and an expected decline toward the 4.4500/4.5150 range, directly explaining the USD/MYR’s downward move on March 20."