"The release of the US March CPI data directly weakened the dollar, causing AUD/USD to surge above key resistance levels and drive the day’s strong positive return."
EUR/JPY
EOD Return: 0.00%
EUR/JPY: Forthcoming growth downturn favours a multi-quarter drop to 135 – ING
"The ING forecast predicts a significant multi‑quarter drop in EUR/JPY toward 135, directly indicating downward pressure on the pair and explaining the modest positive return as markets reacted to this bearish outlook."
EUR/NOK
EOD Return: -0.01%
Stronger NOK over the course of 2023 as Norges Bank will do what it takes to control inflation – Commerzbank
"The article reports unexpectedly strong March inflation in Norway, leading to a depreciating krone and a sharp decline in EUR/NOK on that day."
GBP/USD
EOD Return: 0.00%
GBP/USD refreshes weekly high, around 1.2470 amid softer US CPI-inspired USD sell-off
"The release of softer-than-expected US CPI data directly weakened the dollar, lifting GBP/USD to a new weekly high and driving the positive EOD return."
NZD/USD
EOD Return: 0.01%
NZD/USD rebounds on risk-on sentiment amidst mixed US inflation data
"The article highlights a U.S. CPI dip and FOMC minutes indicating a pause in tightening, directly supporting the NZD/USD rally to 1.17%."
USD/BRL
EOD Return: 0.00%
USD/BRL: Positive underlying tone in Real trade over the coming days – Commerzbank
"The article highlights a positive outlook for the Brazilian Real following the market’s favorable reception of Brazil’s new fiscal plan, directly supporting USD/BRL appreciation."
USD/CAD
EOD Return: -0.01%
Breaking: Bank of Canada leaves policy rate unchanged at 4.5% in April as expected
"The BoC’s unexpected decision to keep rates unchanged at 4.5% directly impacted USD/CAD, causing a sharp dip toward daily lows on that day."
USD/CHF
EOD Return: -0.01%
USD/CHF drops below 0.9030 as Fed expects decent softening of US Inflation in 2023
"The article cites Fed expectations of a quick softening of US inflation and the failure of Swiss parliament to approve financial guarantees for Credit Suisse, both directly weakening USD/CHF and explaining the significant decline."
USD/CNY
EOD Return: -0.00%
USD/CNY fix: 6.8854 vs. the last close of 6.8855
"The PBOC’s daily midpoint fix directly sets the onshore yuan rate, which immediately influences USD/CNY movements and explains the slight decline in the pair."
USD/IDR
EOD Return: -0.01%
USD/IDR surrenders 14,900 as Indonesian Retail Sales soar, US Inflation eyed
"The release of upbeat Indonesian Retail Sales data caused USD/IDR to break the key 14,900 support level, directly driving the sharp decline in the pair."
USD/JPY
EOD Return: -0.00%
USD/JPY drops to sub-133.00 levels on softer US CPI, lacks follow-through
"The article reports that USD/JPY fell sharply after the release of softer-than-expected U.S. CPI data, directly linking the negative price movement to the economic indicator."
USD/MXN
EOD Return: -0.00%
USD/MXN falls as Mexican Peso gains momentum on mixed US CPI
"The article links the USD/MXN decline directly to mixed US CPI data and expectations of a Fed rate hike, providing clear economic context for the currency movement."