Most Important News for 2023-03-23

AUD/USD
EOD Return: -0.01%
AUD/USD again rejected from above 0.6750, drops to 0.6690
"The unexpected decline in U.S. initial jobless claims strengthened the dollar (DXY), directly weakening AUD/USD and aligning with its negative end‑of‑day return."
EUR/CHF
EOD Return: -0.00%
EUR/CHF turns negative and retreats from tops near 1.0000 post-SNB
"The SNB’s 50‑basis‑point rate hike directly pressured EUR/CHF, causing it to fall below parity and drive the day’s negative return."
EUR/GBP
EOD Return: -0.00%
EUR/GBP remains around 0.8840 as BoE raises rates as expected
"The article reports the Bank of England’s 25‑basis‑point rate hike to 4.25%, which directly influenced the EUR/GBP pair by causing a fresh daily low before a quick rebound, matching the day’s negative return."
EUR/JPY
EOD Return: -0.01%
EUR/JPY corrects to near 142.50 ahead of Japan’s Inflation
"The article links the EUR/JPY decline to Japan’s upcoming inflation data and ECB’s hawkish stance, directly explaining the negative move."
EUR/NOK
EOD Return: 0.00%
EUR/NOK dives to multi-day lows near 11.2000 post-Norges Bank
"The Norges Bank’s 25‑bp rate hike directly impacted EUR/NOK, pushing it to multi‑day lows near 11.2000 and explaining the day's price movement."
EUR/USD
EOD Return: -0.01%
EUR/USD retreats below 1.0900 post-Fed dovish hike, despite ECB hawkish rhetoric
"The article reports that the Fed’s 25‑basis‑point rate hike was perceived as dovish while ECB officials remained hawkish, directly explaining why EUR/USD fell below 1.0900 and contributed to the day’s negative return."
GBP/USD
EOD Return: -0.00%
Breaking: BOE hikes policy rate by 25 bps to 4.25% in March as expected
"The BoE’s 25‑basis‑point hike to 4.25% on March 22 directly weakened the pound, explaining the 0.45% fall in GBP/USD on March 23."
NZD/USD
EOD Return: -0.01%
NZD/USD eyes a recovery near 0.6250 as Fed’s tightening cycle looks set to terminate
"The article notes a downside move for the Kiwi asset in the early Asian session, directly indicating pressure on NZD/USD that likely contributed to its end‑of‑day decline."
USD/BRL
EOD Return: -0.01%
USD/BRL to travel toward 5.15 after a hawkish BCB – TDS
"The news reports a hawkish stance from Brazil’s central bank, which is expected to strengthen the BRL against the USD and contributed to the 0.99% decline in the pair."
USD/CAD
EOD Return: 0.00%
USD/CAD struggles to break 1.3740 barriers amid market uncertainty
"The article highlights the aftermath of the Fed meeting with expectations of a pause in rate hikes and potential cuts by year‑end, which supports the USD against the CAD, aligning with the 0.23% rise."
USD/CHF
EOD Return: 0.00%
SNB hikes key deposit rate by 50 bps to 1.50%, as widely expected
"The SNB’s 50‑basis‑point rate hike to 1.50% directly strengthened the Swiss franc, driving USD/CHF higher on March 23."
USD/CNY
EOD Return: 0.01%
USD/CNY fix: 6.8709 vs. an estimate of 6.8719
"The People’s Bank of China set the yuan at 6.8709 versus an estimate of 6.8719, indicating a slightly stronger yuan that directly contributed to the USD/CNY appreciation."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Indian Rupee extends post-Fed gains above 82.00 on downbeat yields
"The article highlights a Fed‑induced loss in USD/INR, with the Indian Rupee extending gains above 82.00 due to dovish Fed policy, directly explaining the positive EOD return."
USD/JPY
EOD Return: -0.00%
USD/JPY licks Fed-inflicted wounds at six-week low under 131.00 as yields stay weak
"The article highlights a Fed‑inflicted hit to the dollar, weak yields, and banking sector turmoil—all key drivers that likely pushed USD/JPY lower on March 23."
USD/MXN
EOD Return: -0.01%
USD/MXN falls below $18.50 on upbeat Mexican Retail Sales, tight US jobs data
"The article cites strong Mexican retail sales and tight U.S. labor market data, directly supporting the peso’s strength and explaining the USD/MXN decline."
USD/TRY
EOD Return: 0.00%
USD/TRY pares post-Fed losses to around 19.00 with eyes on CBRT
"The article directly discusses USD/TRY’s reaction to Fed policy and the upcoming CBRT rate decision, which are key drivers of the currency pair’s movement on that day."