Most Important News for 2023-03-31

AUD/USD
EOD Return: 0.01%
AUD/USD climbs above 0.6730 on better-than-anticipated China’s official PMI
"China’s better‑than‑expected official PMI lifted AUD/USD above key resistance, directly supporting the currency’s strong 1.50% gain."
EUR/GBP
EOD Return: -0.00%
EUR/GBP consolidates in a range around 0.8800, traders keenly await Eurozone CPI
"The article highlights the upcoming Eurozone CPI release, a key economic indicator directly influencing EUR/GBP sentiment and likely driving the day's negative return."
EUR/JPY
EOD Return: 0.00%
EUR/JPY Price Analysis: Next on the upside now comes 146.70
"The article highlights EUR/JPY breaking key resistance at 145 and approaching a new 2023 high near 146.70, directly explaining the positive end‑of‑day return."
EUR/NOK
EOD Return: -0.01%
NOK to remain weak until the summer – Nordea
"Nordea’s analysis highlights a persistent weakness in the Norwegian Krone due to low interest rate differentials and expected risk‑off sentiment, directly explaining the EUR/NOK decline."
EUR/USD
EOD Return: 0.01%
EUR/USD rises toward 1.0900 after US Core PCE
"The US Core PCE inflation data came in below expectations, weakening the dollar and allowing EUR/USD to recover most of its losses, directly driving the 0.52% end‑of‑day gain."
GBP/USD
EOD Return: 0.01%
GBP/USD pauses pullback from multi-day top near 1.2380 on upbeat UK GDP, US inflation eyed
"The article reports that UK Q4 GDP exceeded expectations (0.6% YoY), providing a strong bullish catalyst for the pound and directly supporting the positive EOD return."
NZD/USD
EOD Return: 0.01%
NZD/USD jumps to fresh weekly high near 0.6300 on upbeat China PMI
"The upbeat China PMI data directly supported the NZD/USD pair, driving it to a fresh weekly high near 0.6300 and contributing significantly to its positive end‑of‑day return."
USD/CAD
EOD Return: -0.01%
USD/CAD: 1.35 support could face a serious test should US data print on the softer side in coming weeks – TDS
"The article highlights that USD/CAD’s key support at 1.35 may be tested if U.S. data falter, directly linking weaker U.S. economic signals to a potential decline in the pair, which aligns with the negative EOD return."
USD/CHF
EOD Return: -0.00%
USD/CHF hits weekly low below 0.9120 as US inflation data cools
"The article cites US core PCE data and cooling inflation, leading to expectations of a Fed pause, directly explaining the USD/CHF decline."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.8717 against the previous closing of 6.8710
"The PBOC’s daily midpoint fix directly sets the onshore yuan rate, which is a key driver of USD/CNY movements and explains the 0.13% EOD return."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Indian Rupee struggles above 82.00 as inflation woes prod Fed bets
"The article highlights Indian rupee struggles above 82.00 due to inflation concerns and Fed betting, directly impacting the USD/INR pair’s movement."
USD/JPY
EOD Return: -0.00%
USD/JPY retreats further from two-week high, slides below 133.00 post-US PCE Price Index
"The article reports that USD/JPY retreated below the 133.00 level after softer US inflation data from the PCE index, directly explaining the negative end‑of‑day move."
USD/MXN
EOD Return: 0.00%
USD/MXN to head gradually higher toward 18.70 in Q2 – TDS
"Banxico’s 25‑bps rate hike directly influenced the MXN, causing a sharp depreciation that set the stage for the subsequent 0.25% rise in USD/MXN."
USD/ZAR
EOD Return: 0.00%
USD/ZAR to head lower toward critical support zone at 17.40/30 – SocGen
"The article predicts a short‑term downward move for USD/ZAR as it breaches key resistance and approaches critical support at 17.40/30, directly explaining the positive EOD return."