"The article highlights the USD weakening following a weaker-than-expected US ISM Manufacturing PMI and notes that the Reserve Bank of Australia’s upcoming decision is a key driver, directly influencing AUD/USD momentum for the day."
EUR/GBP
EOD Return: -0.00%
EUR/GBP edges lower past 0.8600 after two-day losing streak, PMIs eyed
"The article highlights key economic indicators (Eurozone/UK PMIs) and recession concerns that directly influence EUR/GBP sentiment, making it the most relevant to the day's negative return."
EUR/JPY
EOD Return: -0.00%
EUR/JPY strives to test 158.00 as ECB prepares for a fresh rate hike cycle
"The article highlights the ECB’s anticipated tightening and critical inflation data, signaling a stronger euro stance that likely pressured EUR/JPY downward."
EUR/NOK
EOD Return: -0.01%
EUR/NOK: Downside is likely to be very gradual – SocGen
"The article directly discusses the EUR/NOK pair, highlighting a likely gradual downside driven by Norwegian fundamentals and market liquidity constraints, which aligns with the observed negative return."
EUR/SEK
EOD Return: -0.00%
EUR/SEK: Riksbank has to pursue a more attractive monetary policy to see a stronger Krona – Commerzbank
"The article discusses the Riksbank’s monetary policy stance, directly impacting the Swedish Krona and explaining the negative EUR/SEK movement."
EUR/USD
EOD Return: -0.00%
Euro weakens to daily lows and returns to the sub-1.0900 region ahead of key data
"The article highlights the euro weakening to daily lows and falling below the 1.0900 support level ahead of key US ISM Manufacturing PMI data, directly explaining the EUR/USD decline on that day."
GBP/USD
EOD Return: 0.00%
GBP/USD holds steady as US PMI slows, UK data sparks recessionary talks
"The article highlights a slowdown in US manufacturing PMI and weak UK data suggesting recessionary risks, both of which directly influence the GBP/USD pair’s movement on that day."
NZD/USD
EOD Return: 0.01%
NZD/USD rises on US recession fears and inverted yield curve, focus on US data
"The article highlights weaker U.S. manufacturing data and recession fears that weaken the dollar, while also noting expectations of a rate hike from the RBA, directly supporting the NZD/USD rise."
USD/CAD
EOD Return: -0.00%
USD/CAD: Risks remain to the hawkish side for the BoC and the bullish side for the Loonie – HSBC
"The HSBC article highlights a forthcoming 25 bp rate hike by the Bank of Canada, directly affecting CAD strength and explaining the USD/CAD decline."
USD/CHF
EOD Return: 0.00%
USD/CHF fails to hold above the 20-day SMA amid weak US PMIs
"The article cites a decline in the US Manufacturing PMI to 46 and soft Swiss inflation figures, both of which directly weaken the USD and strengthen CHF, explaining the modest rise in USD/CHF."
USD/CNY
EOD Return: -0.00%
PBOC sets USD/CNY reference rate at 7.2157 vs. 7.2258 previous
"The PBoC’s decision to set a lower USD/CNY reference rate than expected directly weakened the yuan, driving the pair down on that day."
USD/IDR
EOD Return: -0.00%
USD/IDR seeks stability above 15,000 as Indonesian Inflation softens, US PMI eyed
"The article links Indonesian inflation easing and U.S. Fed rate‑hike expectations to the USD/IDR pair, directly explaining its downward move."
USD/INR
EOD Return: 0.00%
USD/INR Price News: Rupee jumps to fresh two-month high near 81.80 on strong India FPI inflow
"The article highlights a significant FPI inflow and the rupee reaching a two‑month high, directly explaining the modest USD/INR gain on that day."
USD/JPY
EOD Return: -0.00%
Forex Today: US Dollar finds a foothold, eyes on PMI surveys
"The article highlights the upcoming US ISM Manufacturing PMI report and its potential impact on the USD, directly relating to the USD/JPY pair’s movement on that day."
USD/MXN
EOD Return: 0.00%
USD/MXN faces losses as US PMI slows, yield curve inverts
"The article directly links the USD/MXN movement to slowing U.S. manufacturing activity (PMI) and an inverted yield curve, both key drivers of the dollar’s strength against the peso."