Most Important News for 2023-07-17

AUD/USD
EOD Return: -0.00%
Breaking: Australian CPI increases 4.9% YoY in July vs. 5.2% expected
"The actual Australian CPI data showed a lower-than-expected 4.9% YoY rise, disappointing markets and directly weakening the AUD against the USD."
EUR/SEK
EOD Return: -0.00%
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: -0.00%
EUR/USD snaps two-day winning streak, trades lower around 1.0870
"Weak U.S. economic data and expectations of a lower likelihood of an interest rate hike by the Fed weakened the dollar, directly contributing to the decline in EUR/USD."
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 stronger US dollar driven by rising Treasury yields, explaining the negative return for the day."
NZD/USD
EOD Return: -0.01%
NZD/USD Price Analysis: Retreats towards 0.5920 on softer NZ data, US Dollar rebound
"The article highlights disappointing New Zealand building permits and bearish chart signals, directly explaining the NZD/USD decline on July 17."
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 policy expectations, and rising oil prices—all key drivers of the pair’s negative return on July 17."
USD/CHF
EOD Return: -0.00%
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 the impact of Swiss economic indicators, all of which are key drivers for the pair’s decline."
USD/CNY
EOD Return: 0.00%
PBOC sets USD/CNY reference rate at 7.1816 vs. 7.1851 previous
"The PBoC’s USD/CNY reference rate was set near the market expectation, supporting a modest rise in the pair."
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 USD/INR movements, citing Fed rate expectations and oil price support, which are key drivers for the currency’s slight gain on that day."
USD/JPY
EOD Return: 0.00%
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 reaction to US Treasury yields and potential Fed policy shift, directly influencing the pair’s movement on that day."