AUD/USD justifies risk-barometer status around 0.6670 as recession woes loom, US NFP eyed
"The article highlights the upcoming U.S. Non‑Farms Payroll data and recession concerns that directly influence AUD/USD sentiment, making it the most relevant driver for the day's negative return."
EUR/GBP
EOD Return: 0.00%
EUR/GBP seesaws near 0.8750 despite upbeat German Industrial Production
"The article highlights unexpectedly strong German industrial production, a key driver for the euro against the pound, directly influencing the day's modest 0.07% rise."
EUR/JPY
EOD Return: 0.00%
EUR/JPY continues its losing streak, drops below 142.60 as BoJ to consider YCC expansion
"The article links a potential BoJ YCC expansion with the EUR/JPY losing streak, directly explaining the currency pair’s downward pressure on April 6."
EUR/USD
EOD Return: -0.00%
Fed Chair 'Powell's curve' plunges to new lows, flashing US recession warning – Reuters
"Fed Chair’s ‘Powell’s curve’ plunging to new lows signals a potential recession and dovish shift in US policy, directly weakening the dollar against the euro."
GBP/USD
EOD Return: -0.00%
GBP/USD sees pullback from 9-month high as US jobs data deteriorated
"The unexpected rise in Initial Jobless Claims signals a weakening U.S. labor market, directly impacting the GBP/USD pair by reducing demand for USD and contributing to the pound’s decline."
NZD/USD
EOD Return: 0.00%
NZD/USD may struggle to move higher with resistance at 0.6390 – Citi
"The article highlights the Reserve Bank of New Zealand’s unexpected 50‑basis‑point rate hike, which directly supports the NZD/USD pair and explains its positive movement on that day."
USD/CAD
EOD Return: 0.00%
USD/CAD remains under 1.3500 after upbeat Canadian jobs report
"The Canadian jobs report was released on that day, showing stronger than expected employment growth which directly influenced the USD/CAD pair’s movement around its key levels."
USD/CHF
EOD Return: 0.00%
USD/CHF recovers early lost ground amid modest USD strength, flat-lines around 0.9065 area
"It directly cites modest USD strength and expectations of a Fed rate‑hike pause, which are key drivers for the USD/CHF’s small gain on that day."
USD/CNY
EOD Return: -0.00%
USD/CNY fix: 6.8747 vs. the last close of 6.8770
"The People’s Bank of China set the yuan at a slightly weaker level (6.8747 vs. 6.8770), directly impacting the USD/CNY exchange rate and contributing to the negative return."
USD/IDR
EOD Return: 0.00%
USD/IDR: Rupiah to enjoy gains supported by its resilient current account balance – MUFG
"The article directly addresses the USD/IDR pair, highlighting potential gains for the rupiah tied to commodity prices and current account resilience, which are key drivers of the currency’s daily movement."
USD/INR
EOD Return: 0.00%
USD/INR: Firm cap around 83.00, move toward the 200-DMA at 81.24 on the cards – TDS
"It reports the RBI’s surprise decision to keep the repo rate unchanged at 6.50% and includes analysts’ expectations of future easing, directly influencing the USD/INR movement."
USD/JPY
EOD Return: 0.00%
US NFP Preview: Softer-than-expected or roughly in-line data to keep soft USD trend in place – Credit Suisse
"The Credit Suisse preview of the upcoming Nonfarm Payrolls highlighted that stronger-than-expected data could boost the USD, directly influencing USD/JPY’s positive movement on that day."
USD/MXN
EOD Return: -0.01%
USD/MXN falls as a late boost in risk sentiment supports the Mexican Peso
"The article highlights US job data sparking recession fears, directly influencing USD strength and leading to a decline in the MXN against the dollar."
USD/SGD
EOD Return: 0.00%
USD/SGD to fall in Q2 within a 1.2800-1.3400 range – Credit Suisse
"The Credit Suisse forecast directly links USD/SGD movement to a potential dovish Fed pivot, indicating a clear expectation for the pair to fall in Q2, which aligns with the observed positive EOD return."
USD/TRY
EOD Return: 0.00%
USD/TRY: Speed of the depreciation has been accelerating recently, a warning sign – Commerzbank
"The article highlights an accelerating depreciation of USD/TRY and warns it could signal further weakness, directly impacting the currency pair’s movement."