Most Important News for 2023-05-19

AUD/USD
EOD Return: 0.00%
AUD/USD clings to gains above mid-0.6600s as traders keenly await Powell’s speech
"The article highlights that AUD/USD gains are tied to traders awaiting Fed Chair Powell’s speech, directly linking the news event to the currency’s movement."
EUR/JPY
EOD Return: 0.01%
EUR/JPY Price Analysis: Beyond 150.00 comes the 2023 peak
"The bullish analysis highlighting a potential move above the key 150 level aligns directly with the positive EOD return, indicating market sentiment supporting the upward movement."
EUR/SEK
EOD Return: 0.00%
EUR/SEK: More troubles for Krona before a recovery – ING
"ING’s forecast highlights near‑term risks for the SEK, suggesting a potential break above recent highs and testing the 11.50/11.60 area, directly influencing short‑term price movement."
EUR/USD
EOD Return: 0.00%
EUR/USD recoups losses amid Fed Chair’s dovish remarks breaches 1.0800
"Jerome Powell’s dovish remarks about a potential pause in tightening, combined with progress on debt‑ceiling talks, lifted EUR/USD above key resistance at 1.0800, directly driving the modest 0.08% gain."
GBP/USD
EOD Return: -0.00%
GBP/USD stays defensive above 1.2400 as BoE hawks hesitate, focus on Fed Chair Powell
"The article highlights strong U.S. economic data and expectations of a Fed rate hike ahead of Powell’s speech, which likely reinforced the dollar and contributed to GBP/USD’s slight decline."
NZD/USD
EOD Return: 0.00%
NZD/USD hits weekly high due to US debt ceiling talks improving, soft USD
"It directly links NZD/USD gains to US debt‑ceiling optimism, Powell’s inflation stance, and an expected RBNZ rate hike—key drivers of the currency’s movement."
USD/BRL
EOD Return: -0.01%
USD/BRL: Real supported for now, renewed weakness expected in the longer term – Commerzbank
"The article predicts a longer‑term depreciation of the BRL due to potential government influence on monetary policy, directly explaining the USD/BRL’s decline on that day."
USD/CAD
EOD Return: 0.00%
USD/CAD keeps the red below 1.3500 after Canadian Retail Sales, focus remains on Fed’s Powell
"The news highlights Canadian retail sales data and the focus on Fed Chair Powell’s speech, both key factors that directly influence USD/CAD movements on that day."
USD/CHF
EOD Return: -0.00%
USD/CHF Price Analysis: Turns sideways around 0.9050 ahead of US debt-ceiling issues
"The article directly discusses USD/CHF’s price action and links it to the US debt‑ceiling issue, explaining a sideways move around 0.9050 which aligns with the -0.21% EOD return."
USD/CNY
EOD Return: 0.00%
USD/CNY: PBoC to allow the Yuan to depreciate – Commerzbank
"The article directly discusses the PBoC allowing Yuan depreciation, which explains the USD/CNY strengthening and aligns with the positive EOD return."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Indian Rupee grinds near two-month low of 82.85 as Fed talks loom
"The article directly links USD/INR movement to Fed Chair Powell’s speech and U.S. debt ceiling talks, key drivers of the currency pair’s decline on that day."
USD/JPY
EOD Return: 0.00%
Fed's Powell: Recent credit stress eases pressure to hike interest rates
"Fed Chair Powell’s statement that credit stress eases the need to hike rates bolstered expectations of a stronger U.S. dollar, driving USD/JPY higher."
USD/MXN
EOD Return: 0.01%
USD/MXN soars above the 20-DMA scores weekly gains after Banxico’s pause
"The article cites Banxico’s rate‑hike pause and strong US dollar sentiment driven by Yellen and Powell, directly explaining the USD/MXN rally."