Most Important News for 2023-05-17

AUD/USD
EOD Return: -0.01%
AUD/USD Price Analysis: Faces selling pressure near 0.6660 amid mixed Australian Wage Price Index data
"The article reports mixed Australian Wage Price Index data, directly indicating weaker domestic employment figures that pressured AUD/USD downward on the day."
EUR/GBP
EOD Return: -0.00%
EUR/GBP climbs firmly above 0.8700 as BoE to consider a pause in policy-tightening spell
"It directly cites the Bank of England’s potential rate‑hike pause, supported by downbeat UK employment data, which likely contributed to the slight decline in EUR/GBP."
EUR/JPY
EOD Return: 0.00%
EUR/JPY Price Analysis: Rallies sharply, invalidating a head-and-shoulders pattern
"The article highlights a sharp rally that broke the head‑and‑shoulders neckline, driven by high EU inflation and hawkish ECB comments—direct factors likely causing the 0.10% EOD gain."
EUR/NOK
EOD Return: 0.01%
EUR/NOK: Near-term headwinds for Krone – Danske Bank
"The article directly addresses EUR/NOK, citing near‑term negative sentiment for the krone due to fiscal FX mismatches and weak global risk appetite, which likely drove the 0.60% rise in the pair."
EUR/USD
EOD Return: -0.01%
EUR/USD stumbles to six-week low sponsored by advancement in US debt ceiling discussions
"The article links the EUR/USD decline to optimism around U.S. debt‑ceiling talks and solid U.S. economic data, directly explaining the pair’s move to a six‑week low."
GBP/USD
EOD Return: -0.01%
BoE's Bailey: There are signs that the labour market is loosening a little
"BoE Governor Andrew Bailey’s remarks about a loosening labour market and persistent high inflation signaled weaker monetary support for the pound, directly contributing to its decline against the dollar."
NZD/USD
EOD Return: -0.00%
NZD/USD rally capped by strengthening US Dollar, housing market recovery
"US housing market recovery bolstered the USD, directly limiting NZD/USD gains and explaining the negative return."
USD/CAD
EOD Return: 0.00%
USD/CAD aims to recapture 1.3500 as USD Index rebounds amid US debt-ceiling issues
"The article highlights US debt‑ceiling concerns and a rebound in the USD Index, directly supporting the dollar against the Canadian dollar and explaining the positive EOD move."
USD/CHF
EOD Return: 0.01%
USD/CHF Price Analysis: Holds to earlier gains but surrenders 0.9000, as the outlook turns neutral
"It highlights a critical resistance at 0.9000 and key EMA levels that directly influence the USD/CHF price action for the day."
USD/CNY
EOD Return: 0.01%
USD/CNY fix: 6.9748 vs. the last close of 6.9783
"The People’s Bank of China set the yuan at a tighter rate (6.9748 vs. previous close 6.9783), directly strengthening the dollar against the yuan and driving the positive return."
USD/JPY
EOD Return: 0.01%
USD/JPY hits two-week high on solid US Data, improved US debt ceiling talks
"Solid US housing data and improved debt‑ceiling negotiations strengthened the dollar, directly driving USD/JPY higher on that day."
USD/MXN
EOD Return: 0.01%
USD/MXN surges over 0.50%, breaking resistance levels as the US economy shows strength
"The article reports a USD/MXN surge of over 0.50%, attributing it to strong US economic data and hawkish Fed speakers, which directly explains the 0.70% end‑of‑day return."