RBA to hold cash rate at 3.60% in May, but may need to raise again – Reuters poll
"The Reuters poll indicating the RBA will keep its cash rate at 3.60% reinforced expectations of a stable Australian monetary stance, boosting confidence in the AUD and contributing to the 0.34% end‑of‑day gain."
EUR/GBP
EOD Return: 0.00%
EUR/GBP flirts with 100-day SMA, just above 0.8800 mark ahead of German CPI
"The article highlights the softer German GDP report and upcoming consumer inflation data, both key drivers for the Euro’s strength against the Pound, directly influencing the EUR/GBP movement."
EUR/JPY
EOD Return: 0.01%
EUR/JPY roars abive 148.00 as BoJ keeps interest rate policy expansionary as expected
"The article directly links the EUR/JPY rally to the Bank of Japan’s decision to keep its policy expansionary, a key driver behind the currency’s move above the critical 148 level."
EUR/USD
EOD Return: -0.00%
EUR/USD breaks below 1.1000 to print 2-day lows, focus remains on key data
"The news reports that EUR/USD broke below the critical 1.1000 level after disappointing German GDP and flash CPI data, directly explaining the sharp decline in the pair’s value."
GBP/USD
EOD Return: -0.01%
Forex Today: Busy week ahead with Fed, ECB, RBA, ISM, NFP, and more
"The article highlights upcoming Fed decisions and economic data that could influence the USD, providing context for the GBP/USD’s negative movement on that day."
NZD/USD
EOD Return: -0.00%
NZD/USD remains depressed below mid-0.6100s amid stronger USD, ahead of US PCE Price Index
"The article highlights a stronger USD and upcoming US PCE data, both key drivers for the NZD/USD pair’s decline on that day."
USD/CAD
EOD Return: -0.00%
Canada: Real GDP expands by 0.1% in February vs. 0.2% expected
"The release of Canadian real GDP showing a softer-than-expected expansion directly weakened the CAD, contributing to the pair’s slight decline."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.9240 vs. the prior close of 6.9203
"The People's Bank of China’s daily midpoint fix at 6.9240 directly reflects central‑bank intervention and sets the benchmark for the USD/CNY pair, making it the most relevant news for that day."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Rupee stays depressed ahead of India Fiscal Deficit, US Core PCE Inflation
"The article directly discusses USD/INR movement, citing US inflation data and Fed expectations that likely influenced the modest 0.06% gain."
"The article cites the Bank of Japan’s dovish decision combined with strong U.S. core PCE data as the direct drivers behind the sharp 0.88% gain in USD/JPY on that day."
USD/MXN
EOD Return: -0.00%
USD/MXN tumbles below 18.0000 amid solid US earnings and higher inflation concerns
"It directly links the USD/MXN decline to solid U.S. earnings and higher inflation concerns, explaining why the pair fell below 18 despite a Fed rate hike."