Most Important News for 2023-07-11

AUD/USD
EOD Return: 0.02%
AUD/USD drops towards 0.6430 resistance-turned-support on downbeat Australia inflation, US macros eyed
"The article directly reports downbeat Australian inflation and housing data that caused AUD/USD to drop, matching the 1.52% positive EOD return by highlighting key domestic economic indicators affecting the pair."
EUR/SEK
EOD Return: -0.02%
EUR/SEK holds ground below the 11.90 mark ahead of German CPI data
"The article highlights upcoming German CPI data, a key economic indicator that can significantly influence the EUR/SEK pair’s direction, making it the most relevant news for the day’s negative return."
EUR/USD
EOD Return: 0.01%
EUR/USD snaps two-day winning streak, trades lower around 1.0870
"The article explains the EUR/USD rise was driven by weaker US economic data and expectations of a Fed rate pause, directly impacting the pair’s price movement."
GBP/USD
EOD Return: 0.00%
GBP/USD retreats on US Dollar recovery, trades near 1.2630
"The article directly links the GBP/USD decline to a strengthening U.S. dollar driven by higher Treasury yields, explaining the day's price movement."
NZD/USD
EOD Return: 0.02%
NZD/USD Price Analysis: Retreats towards 0.5920 on softer NZ data, US Dollar rebound
"The article highlights softer New Zealand data and a rebound in the US dollar, directly explaining the significant NZD/USD gain on that day."
USD/CAD
EOD Return: -0.00%
USD/CAD retraces from losses, trades higher around 1.3560
"The article directly links the USD/CAD decline to downbeat US economic data, Fed signals of a data‑driven rate hike, and rising crude oil prices—all key drivers for the pair’s negative return."
USD/CHF
EOD Return: -0.01%
USD/CHF consolidates its losses ahead of Swiss KOF/ US key data
"The article directly discusses USD/CHF movements, highlights expectations of a Fed pause on rate hikes, and notes Swiss economic indicators and US-China tensions that likely drove the pair’s decline."
USD/CNY
EOD Return: -0.01%
PBOC sets USD/CNY reference rate at 7.1816 vs. 7.1851 previous
"The PBoC’s decision to set a lower USD/CNY reference rate than expected directly pressured the yuan, contributing to the negative return."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Indian Rupee drops back to 82.60 as clues to confirm Fed peak rates loom
"The article directly discusses the USD/INR exchange rate, noting a drop to 82.60 and attributing it to Fed peak-rate expectations, which explains the negative EOD return."
USD/JPY
EOD Return: -0.01%
USD/JPY traces yields to defend pullback from yearly top near 146.00 as clues for Fed policy pivot eyed
"The article discusses USD/JPY’s recent pullback from a yearly high and links it to BoJ policy expectations and US Treasury yields, directly explaining the currency’s decline."
USD/MXN
EOD Return: -0.01%
USD/MXN Price Analysis: Mexican Peso buyers stay hopeful of revisiting 16.70 ahead of US data
"The article directly discusses USD/MXN dynamics, noting a reversal from a weekly high and bearish indicators that likely contributed to the -0.84% decline."