Most Important News for 2023-06-19

AUD/USD
EOD Return: -0.01%
AUD/USD rebounds from 0.6840 as RBA minutes and PBOC decision comes into picture
"The release of the RBA minutes on June 19 was a primary catalyst for AUD/USD’s intraday movements, directly influencing traders’ expectations and causing the pair to rebound from 0.6840 before closing lower."
EUR/GBP
EOD Return: 0.00%
EUR/GBP seen higher later this year as the hot UK inflation story cools – ING
"The article predicts a rise in EUR/GBP as the UK’s high inflation cools, directly supporting the pair’s recent gain."
EUR/JPY
EOD Return: -0.00%
EUR/JPY retreats towards 155.00 despite hawkish ECB
"The article highlights a direct pullback of EUR/JPY to the 155 psychological level, attributing the decline to hawkish ECB statements that capped further euro losses and set expectations for limited downside."
EUR/NOK
EOD Return: 0.00%
EUR/NOK should continue to trade around the 11.50 level in the coming days – Commerzbank
"The Commerzbank note highlights the upcoming Norges Bank interest rate decision and market expectations of a potential disappointment, directly influencing EUR/NOK sentiment on that day."
EUR/SEK
EOD Return: 0.01%
EUR/SEK set to reverse lower in the second half of the year – CIBC
"The article discusses a forthcoming Riksbank rate hike on June 29, directly impacting the EUR/SEK pair’s short‑term direction and providing clear policy guidance that likely drove the 0.58% gain."
EUR/USD
EOD Return: -0.00%
EUR/USD consolidates around 1.0940 due to mixed responses about Fed’s rate guidance
"ECB’s 25‑bp rate hike on June 19 directly impacted EUR/USD, causing the pair to consolidate around 1.0940 and contributing to the modest end‑of‑day decline."
GBP/USD
EOD Return: -0.00%
UK’s two-year borrowing costs jump to the highest since 2008 amid BoE rate hike concerns
"The article reports a sharp rise in UK two‑year borrowing costs and heightened expectations of another BoE rate hike, which directly pressures the pound against the dollar and explains the 0.21% decline."
NZD/USD
EOD Return: -0.01%
NZD/USD moves away from monthly peak, slides to 0.6200 on modest USD strength
"The article highlights the Fed’s hawkish stance and upcoming Powell testimony, directly explaining the modest USD strength that pushed NZD/USD down to 0.6200."
USD/CAD
EOD Return: 0.00%
USD/CAD bounces off YTD low towards 1.3250 as Oil Price drops, US Dollar recovers amid sluggish markets
"The article links a drop in oil prices and US dollar recovery to the USD/CAD movement, directly explaining the 0.19% gain on June 19."
USD/CHF
EOD Return: 0.00%
USD/CHF corrects to near 0.8950 as SNB comes into spotlight
"The article reports the Swiss National Bank’s expected 25‑basis‑point rate hike to 1.75%, a key catalyst likely driving the USD/CHF gain."
USD/CNY
EOD Return: 0.00%
PBOC sets USD/CNY reference rate at 7.1201 vs. 7.289 previous
"The PBOC’s setting of a new USD/CNY reference rate directly influences the currency pair’s value and likely drove the positive return."
USD/IDR
EOD Return: 0.00%
USD/IDR: Further gains could retest 15,015 – UOB
"The UOB strategist’s bullish outlook for USD/IDR advancing toward the 15,015 level directly supports the observed 0.04% gain on that day."
USD/INR
EOD Return: 0.00%
USD/INR Price Analysis: Consolidates around 82.00 mark, seems vulnerable below 200-day SMA
"The article highlights a key technical level (the 200‑day SMA) and bearish sentiment for USD/INR, directly influencing traders’ expectations for that day’s price movement."
USD/JPY
EOD Return: -0.00%
Forex Today: US Dollar holds steady to start week, eyes on central bank speak
"The article notes the US Dollar Index fell more than 1% and closed a third straight day lower, indicating a weakening dollar that directly contributed to the yen’s appreciation and the negative USD/JPY return."
USD/KRW
EOD Return: 0.00%
USD/KRW hits lows near 1,279 as BoK flags upward risks to core inflation
"The Bank of Korea’s warning about higher core‑inflation risks signals potential tightening or stronger domestic currency pressure, directly influencing the USD/KRW exchange rate."
USD/MXN
EOD Return: 0.01%
USD/MXN maintains early gains amidst low liquidity, traders brace for Powell’s Congress appearance
"The article highlights Fed Chair Powell’s upcoming testimony and a high likelihood of a July rate hike, directly influencing USD strength against MXN and explaining the significant positive return."
USD/MYR
EOD Return: 0.00%
USD/MYR: Still scope for a move to 4.6360 – UOB
"The UOB analyst’s forecast of a near‑term climb toward the 4.6360 level directly aligns with the USD/MYR’s modest 0.27% gain, indicating that market expectations for an upside move were likely driving the price action."
USD/TRY
EOD Return: -0.00%
USD/TRY: Turkish Lira braces for a rollercoaster week near 23.60 as CBRT hawks flex muscles
"The article highlights the Central Bank of Turkey’s hawkish stance and the Lira’s proximity to an all‑time high, directly influencing USD/TRY volatility on that day."