Most Important News for 2023-05-29

AUD/USD
EOD Return: -0.00%
AUD/USD rebounds from below 0.6530 as USD Index drops post US debt-ceiling raise approval
"The article reports that AUD/USD rebounded from below 0.6530 after the USD Index fell following the US debt‑ceiling raise approval, directly linking the pair’s movement to a key economic event affecting its price."
EUR/GBP
EOD Return: -0.00%
EUR/GBP weakens simultaneously with Euro depreciation
"The article directly discusses the weakening of EUR/GBP and links it to falling German yields and pending ECB speech and inflation data, which are key drivers for the pair’s negative return."
EUR/JPY
EOD Return: -0.00%
EUR/JPY Price Analysis: Eases after four-week high on low volume trading, risk-on impulse
"The article cites US debt‑ceiling developments and Japanese yen strength as key factors that cushioned the EUR/JPY decline, directly explaining the day's negative return."
EUR/USD
EOD Return: 0.00%
EUR/USD pares losses to 1.0730 on optimism for US debt deal amid quiet markets
"The article highlights the US debt‑ceiling agreement as a key catalyst for the EUR/USD’s first daily gain in five days, directly supporting the euro’s rise and explaining the positive 0.26% return."
GBP/USD
EOD Return: 0.00%
GBP/USD recovers from 1.2350 as USD Index drops amid US debt-ceiling raise approval
"The article links the GBP/USD recovery to a sell‑off in the USD index triggered by US debt‑ceiling approval, directly explaining the positive move in the pair."
NZD/USD
EOD Return: -0.00%
NZD/USD remains sideways above 0.6050 amid quiet market mood, US Employment eyed
"The article highlights the US debt‑ceiling raise, which is expected to save the economy from default but attract credit downgrades—directly influencing USD strength and thereby impacting NZD/USD’s negative return."
USD/CAD
EOD Return: 0.00%
USD/CAD trades with losses amid US Dollar weakness
"The news highlights the US debt‑ceiling agreement on Sunday, which weakened the dollar and directly influenced the USD/CAD pair’s modest gain."
USD/CHF
EOD Return: 0.00%
USD/CHF consolidates modest losses below 0.9050
"It directly links the USD/CHF decline to the US debt‑ceiling agreement, noting its impact on dollar sentiment and referencing upcoming US NFP and Swiss GDP data that could further influence the pair."
USD/CNY
EOD Return: 0.00%
PBOC sets USD/CNY reference rate at 7.0575 vs. 7.0760 previous
"The PBOC’s decision to set the USD/CNY reference rate at 7.0575 directly influenced the currency pair’s value, explaining the modest 0.10% gain."
USD/IDR
EOD Return: 0.00%
USD/IDR could break above 15,000 near term – UOB
"The analyst’s forecast of USD/IDR breaking above the 15,000 level directly signals bullish sentiment and likely contributed to the modest 0.10% rise in the pair."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Extends downside to near 82.50 after H&S breakdown
"The article directly discusses USD/INR’s support level and the impact of a potential Fed rate hike, which are key factors influencing the pair’s movement on that day."
USD/JPY
EOD Return: -0.00%
USD/JPY to reach 122 by year-end as recent rally is set to reverse – UBS
"UBS’s prediction that USD/JPY will reverse and fall to 122 by year‑end signals a significant bearish outlook for the pair, directly influencing its decline on May 29."
USD/MXN
EOD Return: 0.00%
USD/MXN stumbles on risk-on impulse, MXN bolstered by strong GDP
"The article directly links the USD/MXN decline to Mexico’s strong GDP growth, which supports the Peso and explains the 0.39% EOD return."
USD/MYR
EOD Return: -0.00%
USD/MYR: Next key resistance level comes at 4.6570 – UOB
"The article highlights a key resistance level at 4.6570 and predicts a possible reversal after the recent rally, directly explaining the slight decline in USD/MYR on that day."
USD/TRY
EOD Return: 0.02%
USD/TRY eyes fresh record high above 20.00 as Erdogan again wins Turkish Presidential election
"The article highlights the Turkish Lira reaching a fresh record high above 20.00 following Erdogan’s election win, directly indicating strong pressure on USD/TRY and explaining the significant positive return."