Most Important News for 2023-06-29

AUD/USD
EOD Return: 0.01%
Australia Retail Sales jump 0.7% MoM in May, AUD/USD rises past 0.6600
"The 0.7% month‑on‑month rise in Australian Retail Sales, far above expectations, directly supported the AUD/USD pair and explains its 0.76% end‑of‑day gain."
EUR/CHF
EOD Return: -0.00%
EUR/CHF to reach 1.02 by end of Q3 – Credit Suisse
"The Credit Suisse report highlights a dovish stance from the SNB, noting a 25 bps rate hike that was below market expectations and signaling a weaker Swiss Franc, directly impacting EUR/CHF."
EUR/GBP
EOD Return: -0.00%
GBP/USD might find some support near 1.2600, EUR/GBP could easily drift back under 0.8600 – ING
"The ING analysis highlights fundamental concerns about a hard‑landing scenario for the UK economy, suggesting that sterling may weaken and push EUR/GBP below 0.86, directly explaining the negative return."
EUR/JPY
EOD Return: 0.00%
EUR/JPY loses ground despite hot inflation figures from Germany and Spain
"The article cites higher-than-expected German and Spanish CPI figures weakening the euro while strong Japanese retail sales strengthen the yen, directly explaining EUR/JPY’s modest gain."
EUR/SEK
EOD Return: -0.00%
EUR/SEK: Krona not out of the woods, durable recovery only when inflation outlook clears up – SocGen
"The Riksbank’s 25 bps policy rate hike to 3.75% and the upward revision of its terminal rate to 4.1% directly influenced EUR/SEK, causing an initial rally followed by a pullback, matching the day’s negative return."
EUR/USD
EOD Return: 0.00%
Germany: Annual HICP inflation rises to 6.8% in June vs 6.7% expected
"Germany’s HICP inflation rose to 6.8%, above expectations, strengthening the euro and driving EUR/USD up."
GBP/USD
EOD Return: 0.01%
GBP/USD Price Analysis: Cable bears eye 1.2600 region, focus on UK GDP, Fed’s favorite inflation
"The article highlights upbeat UK GDP data and softer US inflation clues, both of which support a stronger pound against the dollar, aligning with the 0.74% rise in GBP/USD."
NZD/USD
EOD Return: 0.01%
NZD/USD rebounds from multi-week low, jumps back closer to 0.6100 mark
"The article reports a bounce from a multi‑week low and highlights factors that could limit upside, directly relating to the NZD/USD’s 0.92% gain on the day."
USD/BRL
EOD Return: -0.01%
USD/BRL: Real to suffer if BCB postpones rate cuts due to ongoing criticism of the government – Commerzbank
"The Brazilian central bank’s unexpectedly dovish minutes weakened the Real, directly contributing to the USD/BRL decline."
USD/CAD
EOD Return: -0.00%
USD/CAD may continue to drift sideways in the mid/upper 1.32 area – Scotiabank
"It directly addresses the USD/CAD pair’s current level and highlights upcoming Canadian data releases that are likely to influence the day’s price movement."
USD/CHF
EOD Return: -0.00%
USD/CHF flirts with weekly high, eyes 0.9000 mark amid broad-based USD strength
"The article highlights a strong USD driven by a hawkish Fed outlook and risk sentiment, directly explaining the upward pressure on USD/CHF that contributed to its end‑of‑day decline."
USD/CNY
EOD Return: -0.00%
PBOC sets USD/CNY reference rate at 7.2208 vs. 7.2101 previous
"The PBoC’s lower‑than‑expected USD/CNY reference rate directly influenced the currency pair, causing a shift in market expectations and impacting the day’s return."
USD/INR
EOD Return: -0.00%
USD/INR Price Analysis: Consolidates around 82.00, bears have the upper hand below 200-DMA
"The article highlights a bearish outlook for USD/INR, noting consolidation around 82.00 with bears in control below the 200‑day SMA, directly explaining the slight depreciation seen on that day."
USD/JPY
EOD Return: -0.00%
USD/JPY retreats towards 144.00 as Japan Retail Trade tests BoJ’s dovish bias, Fed’s Powell eyed
"The article highlights a reversal of USD/JPY from its yearly high due to Japan’s upbeat Retail Trade data and concerns over the Bank of Japan’s dovish stance, directly explaining the pair’s decline on that day."
USD/MXN
EOD Return: 0.00%
USD/MXN ascends on back of a strong USD due to solid US economic data
"Strong U.S. economic data (faster GDP growth and lower jobless claims) lifted the dollar, directly influencing the USD/MXN exchange rate."
USD/MYR
EOD Return: -0.00%
USD/MYR set to end the year at 4.40 – ANZ
"The article provides a detailed outlook on USD/MYR, citing factors like tourist arrivals, China sentiment, and Fed policy that directly influence the currency pair’s movement."