Most Important News for 2023-05-16

AUD/USD
EOD Return: 0.00%
When is the RBA Meeting Minutes and how could it affect AUD/USD?
"The release of the Reserve Bank of Australia’s minutes, announcing a 0.25% rate hike and hawkish stance, directly influenced AUD/USD sentiment and price movement on that day."
EUR/GBP
EOD Return: -0.00%
EUR/GBP pares modest intraday gains, slides back below 0.8700 post-Eurozone data
"The article reports that softer UK jobs data led to a quick fade of GBP gains and a slide back below 0.8700, directly explaining the EUR/GBP decline on that day."
EUR/JPY
EOD Return: 0.01%
EUR/JPY Price Analysis: Initial resistance comes around 148.00
"The article highlights key resistance at 148.00 and outlines a clear upside trajectory toward the weekly high, directly explaining the positive price movement for EUR/JPY."
EUR/SEK
EOD Return: 0.00%
SEK stands a good chance to gain ground against the EEUR over the course of the year – Commerzbank
"The analyst’s forecast of a stronger Swedish Krona against the Euro, citing ECB policy expectations and potential rate hikes, directly addresses EUR/SEK dynamics and likely influenced the positive return."
EUR/USD
EOD Return: -0.00%
EUR/USD pressured amidst strong US data, rising US bond yields
"Strong US economic data triggered a jump in Treasury yields, strengthening the USD and pushing EUR/USD lower."
GBP/USD
EOD Return: 0.00%
GBP/USD slides below 1.2500 on downbeat UK employment data, focus on US Retail Sales, debt ceiling talks
"The article highlights the impact of downbeat UK employment data and ongoing US debt‑ceiling discussions, both directly influencing GBP/USD sentiment and explaining the modest 0.01% end‑of‑day move."
NZD/USD
EOD Return: 0.00%
NZD/USD sticks to modest gains around mid-0.6200s, flirts with 200 DMA amid softer USD
"The article highlights modest gains for NZD/USD, citing falling US bond yields and a defensive USD stance, directly supporting the pair’s upward move on that day."
USD/CAD
EOD Return: -0.00%
Canada: Annual CPI rises unexpectedly to 4.4% in April from 4.3%
"The unexpected jump in Canadian CPI to 4.4% on April signaled higher inflation, strengthening the CAD and pushing USD/CAD lower, directly explaining the negative return."
USD/CHF
EOD Return: 0.00%
USD/CHF aims to surpass 0.8970 as US debt-ceiling talks end without constructive outcome
"The article highlights a clear price target above 0.8970 tied to the conclusion of US debt‑ceiling talks and Fed Barkin’s hint at further rate hikes, directly explaining the USD/CHF rally."
USD/CNY
EOD Return: 0.00%
USD/CNY fix: 6.9506 vs. the last closing of 6.9520
"The PBOC’s daily midpoint fix set the yuan at 6.9506 versus a closing of 6.9520, indicating a slight appreciation that directly drove the USD/CNY pair up by 0.29%."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Indian Rupee bounces off six-week low to 82.20 despite easing inflation pressure on RBI
"The article highlights softer Indian inflation and Fed dovish stance, allowing RBI to maintain rates, which directly supports the rupee’s rebound against the dollar."
USD/JPY
EOD Return: 0.01%
USD/JPY retakes 136.00 as hawkish remarks by Fed’s Mester help revive USD demand
"Hawkish remarks by Fed’s Mester on May 16 boosted USD demand, directly supporting the USD/JPY pair and driving its rise above 136.00."
USD/ZAR
EOD Return: 0.01%
USD/ZAR may challenge 20.00 in the near term – ING
"The article links a U.S. ambassador’s accusation of South Africa shipping arms to Russia, which spurred a sharp rally in the USD/ZAR pair to a new record high, directly driving the 0.94% end‑of‑day gain."