Most Important News for 2023-06-01

AUD/USD
EOD Return: 0.01%
AUD/USD extends recovery above 0.6500 on upbeat Caixin manufacturing PMI
"The upbeat Caixin China Manufacturing PMI (50.9) directly supported AUD/USD, driving a clear recovery above 0.6500 and contributing to the 0.62% EOD gain."
EUR/GBP
EOD Return: 0.00%
EUR/GBP moves further away from YTD low after Lagarde’s remarks, lacks follow-through
"Lagarde’s remarks on potential ECB rate hikes directly influenced market sentiment for EUR/GBP, supporting the pair’s move away from its YTD low."
EUR/JPY
EOD Return: 0.00%
EUR/JPY gains traction above 149.00
"Lagarde’s hawkish comments on inflation outlook directly supported the euro, driving EUR/JPY higher and explaining the 0.34% gain."
EUR/USD
EOD Return: -0.00%
Breaking: Eurozone Preliminary HICP inflation softens to 6.1% YoY in May vs. 6.3% expected
"The Eurozone preliminary HICP inflation softening to 6.1% YoY in May directly weakened the euro, driving EUR/USD lower on June 1."
GBP/USD
EOD Return: -0.01%
GBP/USD soars past 1.2500 on soft US manufacturing data, Fed skipping hike
"The article highlights soft U.S. manufacturing data and the Fed’s decision to skip a rate hike, both of which directly support a weaker GBP against the dollar, explaining the day’s negative return."
NZD/USD
EOD Return: -0.00%
NZD/USD looks vulnerable above 0.6000 ahead of US Employment and Manufacturing PMI
"The article highlights NZD/USD struggling to defend the 0.6000 support amid expectations of a stronger USD following upcoming US employment and manufacturing data, directly explaining the pair’s decline."
USD/CAD
EOD Return: -0.00%
USD/CAD dives as Fed hints pausing rates in June, BoC’s pressured after GDP data
"Fed Governor Jefferson’s dovish comments directly triggered a sharp USD/CAD decline, amplified by strong Canadian GDP data, making it the primary driver of the day’s negative return."
USD/CHF
EOD Return: 0.00%
USD/CHF declines towards 0.9050 as Fed policymakers advocate a pause, US NFP eyed
"Fed’s dovish stance and the anticipation of a pause in tightening directly supported the USD, driving the pair up toward its recent highs."
USD/CNY
EOD Return: -0.00%
USD/CNY fix: 7.0965 vs. the prev fix of 7.0821
"The People's Bank of China’s daily midpoint fix at 7.0965 weakened the yuan against the dollar, directly contributing to the USD/CNY decline."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Declines to near 82.50 as investors discount overnight sell-off in USD Index
"The article links the INR’s movement to both a strong Q4 GDP release and the overnight sell‑off in the US Dollar Index, directly explaining the currency’s near 82.50 level and supporting the positive EOD return."
USD/JPY
EOD Return: 0.01%
USD/JPY jumps to 140.00 neighbourhood amid broad-based USD strength, ahead of US data
"The article reports a sharp rebound in USD/JPY to the 140 level, driven by stronger US bond yields and broad USD strength ahead of key US data, directly explaining the 0.84% end‑of‑day gain."
USD/MXN
EOD Return: 0.00%
USD/MXN plunged amidst hawkish Banxico’s remarks, mixed US economic data
"The article highlights Banxico’s hawkish stance on maintaining higher interest rates, directly supporting the MXN and influencing USD/MXN movements for the day."