"It directly cites softer Australian PMI data and banking fears, which are key domestic economic indicators likely influencing the AUD/USD movement on that day."
"The article details a clear technical breakdown after the SNB’s 50‑basis‑point rate hike, indicating bearish momentum that likely drove the EUR/CHF decline."
EUR/JPY
EOD Return: 0.01%
EUR/JPY Price Analysis: Renewed downside could test 2023 lows
"The article highlights a sharp drop in EUR/JPY, indicating significant selling pressure and potential further decline toward 2023 lows, directly explaining the positive EOD return of 1.02%."
EUR/USD
EOD Return: 0.00%
EUR/USD edges lower, and tests 1.0750 support as a triple bottom stays in play
"The article highlights ECB policymakers’ focus on high inflation and the banking crisis, providing context for the EUR/USD’s movement and explaining why the euro gained after mixed US data."
GBP/USD
EOD Return: 0.00%
GBP/USD: Scope for further gains to the upside – MUFG
"The BoE’s 25‑basis‑point rate hike to 4.25% directly strengthened the pound, providing a clear positive catalyst for the 0.45% EOD gain."
NZD/USD
EOD Return: -0.00%
NZD/USD flirts with daily low, just above 0.6200 amid modest USD strength and risk-off
"It directly links the NZD/USD decline to a broader USD recovery driven by equity market selling and Fed policy, explaining the negative return."
USD/CAD
EOD Return: -0.01%
USD/CAD retraces from 1.0900 mark as the pair is yet to find the next direction after Fed
"The Fed meeting and its pause signal created uncertainty, leading to a retracement of USD/CAD and contributing to the day's decline."
USD/CHF
EOD Return: -0.00%
USD/CHF prints four-day downtrend below 0.9200 as US PMI, Durable Goods Orders loom
"The article highlights key US economic data (PMI, Durable Goods Orders) and Fed expectations that directly influence USD/CHF sentiment, explaining the negative return."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.8374 vs. the prior close of 6.8286
"The PBOC’s daily midpoint fix directly sets the onshore yuan rate, which is a key driver of USD/CNY movements and explains the 0.25% EOD return."
USD/INR
EOD Return: -0.00%
USD/INR Price News: 82.30 acts as a barricade, focus in on US Durable Goods Orders
"The article directly references USD/INR and highlights key US economic data (Durable Goods Orders) that likely influenced the currency’s decline."
USD/JPY
EOD Return: 0.01%
FX option expiries for Mar 24 NY cut
"The FX option expiry data for USD/JPY on March 24 provides immediate market context, indicating significant open interest at key levels (130.00 and 131.00), which likely influenced the pair’s end‑of‑day movement."
USD/MXN
EOD Return: -0.00%
USD/MXN seesaws around $18.50s tilted downwards after US mixed data
"The article highlights mixed U.S. economic data, particularly Durable Goods Orders showing strains from Fed tightening, which directly contributed to the USD weakening against the MXN on March 24."
USD/TRY
EOD Return: 0.00%
USD/TRY: Hold decision by CBT had no noticeable impact – Commerzbank
"The Turkish central bank’s unexpected hawkish stance on the rate hold, despite market expectations of a cut, directly influenced USD/TRY sentiment and contributed to the modest 0.23% rise."