Most Important News for 2023-05-09

AUD/USD
EOD Return: 0.00%
AUD/USD flirts with daily low, above mid-0.6700s amid softer risk tone/modest USD strength
"The article highlights a shift toward a less hawkish Fed outlook, which is expected to cap US dollar gains and support the AUD/USD pair’s rise on that day."
EUR/GBP
EOD Return: 0.00%
EUR/GBP eyes further decline below 0.8700 as BoE sets for a further rate hike
"The article cites the Bank of England’s plan to raise rates again to curb double‑digit inflation, a direct catalyst for the EUR/GBP sell‑off and the 0.12% EOD return."
EUR/JPY
EOD Return: -0.00%
EUR/JPY Price Analysis: Consolidation ahead of further gains?
"The article directly discusses EUR/JPY’s recent reversal, pressure near 148.00, and potential move toward 150.00, indicating a clear bearish bias that aligns with the -0.44% EOD return."
EUR/SEK
EOD Return: 0.00%
EUR/SEK: Real estate troubles in Sweden to weigh on the Krona – ING
"The article highlights significant real‑estate distress in Sweden, directly impacting the Krona and likely driving the EUR/SEK pair’s positive movement."
EUR/USD
EOD Return: 0.00%
EUR/USD stays defensive near 1.0950 amid US default woes, hawkish Fed talks ahead of US inflation
"The article highlights hawkish Fed comments and U.S. debt‑ceiling concerns right before the April CPI release, directly influencing the EUR/USD move on that day."
GBP/USD
EOD Return: 0.00%
GBP/USD Price Analysis: Eyes further recovery above 1.2630 as US debt ceiling talks end without conclusion
"The article notes that US debt‑ceiling negotiations ended without a resolution, which lifted the GBP/USD pair above the key resistance of 1.2630, directly supporting the modest 0.04% rise."
NZD/USD
EOD Return: 0.01%
NZD/USD aims to recapture 0.6360 ahead of US/China Inflation
"The article reports that US debt‑ceiling negotiations failed to reach a resolution, creating uncertainty for the USD and supporting a stronger NZD/USD pair, directly influencing the day’s positive return."
USD/BRL
EOD Return: -0.01%
USD/BRL might struggle to ease below the 5.00 mark – Commerzbank
"The article highlights a political‑central bank clash that is expected to keep the Brazilian real weak, supporting a stronger dollar and explaining the negative EOD return."
USD/CAD
EOD Return: -0.00%
USD/CAD Price Analysis: Loonie bears keep their eyes on 1.3300 and US inflation
"The article highlights that USD/CAD was waiting for the key U.S. inflation data for April, a major economic indicator that directly influences currency movements and likely contributed to the negative return."
USD/CHF
EOD Return: -0.00%
USD/CHF Price Analysis: Further downside past 0.8900 appears impulsive
"The article highlights a failure to break the 100‑EMA and a bearish megaphone formation, directly explaining the downward pressure on USD/CHF that led to its modest decline."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.9255 vs. the last close of 6.9155
"The People's Bank of China’s daily midpoint fix directly sets the onshore yuan rate, providing a clear and immediate influence on USD/CNY movements for the day."
USD/INR
EOD Return: -0.00%
USD/INR Price Analysis: Runs sharply towards 82.00 as investors discount overnight US Dollar gains
"The article directly discusses USD/INR movement toward key resistance at 82.00, indicating significant buying pressure and a potential reversal, which aligns with the negative return observed."
USD/JPY
EOD Return: -0.01%
USD/JPY remains depressed around 135.00 mark, modest USD strength limits losses
"BoJ Governor Ueda’s hawkish comments directly influenced the USD/JPY pair to retreat, aligning with the day’s negative return."
USD/MXN
EOD Return: -0.01%
USD/MXN dips as Mexican inflation moderates, as investors eye US inflation data
"The article highlights Mexican inflation easing, suggesting a pause in rate hikes, while also noting U.S. debt ceiling concerns and Fed speaker focus—factors that directly influence USD/MXN volatility and likely drove the negative return."
USD/RUB
EOD Return: -0.02%
USD/RUB: Ruble to weaken medium-term due to declining current account surplus – Commerzbank
"The article directly forecasts a medium‑term depreciation of the Ruble, citing declining current account surplus and sanctions‑driven capital flow restrictions—factors that explain the significant negative return on USD/RUB."
USD/TRY
EOD Return: 0.00%
USD/TRY: No major changes in Turkish elections to result in additional Lira turmoil – SocGen
"The article discusses how the outcome of Turkish elections could influence the USD/TRY pair, highlighting potential intervention and FX reserve concerns that directly impact the currency’s value."