Most Important News for 2023-05-05

AUD/USD
EOD Return: 0.01%
AUD/USD climbs sharply underpinned by RBA’s hawkish SoMP, despite solid US NFP data
"The article highlights a surprise RBA rate hike combined with strong US non‑farm payrolls, directly supporting the AUD and explaining the sharp 0.5% rise."
EUR/CHF
EOD Return: -0.00%
EUR/CHF to grind down to the 0.9700 area – ING
"The ING forecast that the Swiss Franc will strengthen and push EUR/CHF toward the 0.9700 area directly explains the negative return for the pair."
EUR/JPY
EOD Return: 0.00%
EUR/JPY faces barricades around 148.00 after a recovery move ahead of Eurozone Retail Sales
"It highlights ECB’s indication of further rate hikes and a potential BoJ exit from ultra-loose policy, both directly influencing EUR/JPY sentiment and likely driving the modest 0.07% gain."
EUR/NOK
EOD Return: -0.01%
EUR/NOK should be able to sustainably return below 11.00 by year-end – ING
"ING’s forecast that EUR/NOK will fall below 11.00 by year‑end signals a bearish outlook for the krone, directly contributing to the -0.80% decline."
EUR/USD
EOD Return: -0.00%
EUR/USD corrects lower to 1.0980 post-Payrolls
"The article reports that EUR/USD corrected lower to 1.0980 following the surprise‑upside US Non‑Farm Payrolls, directly explaining the negative end‑of‑day move."
GBP/USD
EOD Return: -0.00%
GBP/USD reverses the post-NFP dip and bounces to 1.2600 area, just below one-year top
"The article notes that stronger-than-expected U.S. employment data lifted the dollar and capped gains for the pound, directly explaining the GBP/USD decline."
NZD/USD
EOD Return: 0.01%
NZD/USD flirts with one-month high near 0.6300 as USD braces for NFP
"The article directly links NZD/USD movement to upcoming U.S. Non‑Farm Payroll data and Fed rate‑cut expectations, which are key drivers of the currency pair’s price action."
USD/CAD
EOD Return: -0.00%
USD/CAD holds to losses near 1.3480 after NFP and Canadian jobs reports
"The article reports that strong U.S. Non‑farm Payrolls were offset by equally positive Canadian jobs data, keeping USD/CAD near its weekly low around 1.3480 and explaining the flat EOD return."
USD/CHF
EOD Return: -0.00%
SNB's Chairman Jordan: We cannot exclude further tightening of monetary policy
"SNB’s hint at possible further tightening signals a stronger CHF, directly supporting the decline in USD/CHF."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.9114 vs. previous closing of 6.9128
"The PBOC’s daily midpoint fix of the yuan at 6.9114 versus the previous close directly influences USD/CNY pricing, explaining the modest 0.03% EOD return."
USD/IDR
EOD Return: 0.00%
USD/IDR Price News: Rupiah stays firmer around 11-month high near 14,700 on mixed Indonesia GDP
"Indonesia’s Q1 GDP surpassed expectations, strengthening the IDR and contributing to the USD/IDR’s modest gain."
USD/INR
EOD Return: 0.00%
USD/INR Price Analysis: Indian Rupee approaches three-week-old resistance near 81.60
"The article highlights the USD/INR approaching key resistance near 81.60 and references upcoming US Nonfarm Payrolls, indicating potential impact on the pair’s movement."
USD/JPY
EOD Return: 0.00%
USD/JPY spikes to 135.00 mark on upbeat NFP report, lacks follow-through buying
"The article highlights the upbeat US Nonfarm Payrolls report, which directly supports a stronger USD against JPY and explains the pair’s rise on that day."
USD/MXN
EOD Return: 0.00%
USD/MXN could test the low of 2017 around 17.60/45 – SocGen
"SocGen’s detailed technical analysis highlighting a potential test of the 2017 low at 17.60/45 and clear resistance levels provides actionable insight that likely influenced the USD/MXN’s 0.20% rise."
USD/NOK
EOD Return: -0.01%
USD/NOK: Norwegian Krone has become deeply undervalued – MUFG
"The MUFG analysis highlights a significant undervaluation of the NOK and anticipates a rebound, directly influencing expectations for USD/NOK to weaken (negative return)."