Most Important News for 2023-08-09

AUD/USD
EOD Return: -0.00%
AUD/USD stays depressed below 0.6550 ahead of Australia/US inflation clues
"The article highlights upcoming Australia consumer inflation data and US CPI, both key drivers for RBA and Fed policy expectations, directly influencing AUD/USD sentiment and likely contributing to the day's decline."
EUR/CHF
EOD Return: 0.00%
Swiss Franc to give back some of recent strong gains – MUFG
"The article discusses the Swiss Franc’s recent gains, SNB’s hawkish stance, and expectations of a correction—directly influencing the EUR/CHF exchange rate."
EUR/GBP
EOD Return: 0.00%
EUR/GBP recovers the 20-day SMA amid EUR strength
"The article highlights EUR strength, recovery above the 20‑day SMA, and tightening expectations from both the BoE and ECB—direct factors driving the 0.42% rise."
EUR/JPY
EOD Return: 0.01%
EUR/JPY threatens cycle high following weak Japanese data
"It directly links EUR/JPY gains to higher German yields and weak Japanese data, explaining the strong 0.77% move."
EUR/NOK
EOD Return: 0.01%
NOK will likely weaken somewhat after Thursday’s CPI data release – Nordea
"The article predicts a weaker NOK following the upcoming CPI data release, directly affecting EUR/NOK exchange expectations and likely contributing to the positive return."
EUR/SEK
EOD Return: 0.00%
EUR/SEK should extend its decline over the coming months – CIBC
"CIBC’s analysis highlights that the SEK is undervalued and could gain further if Riksbank’s tightening cycle ends, directly influencing EUR/SEK movement."
EUR/USD
EOD Return: 0.00%
EUR/USD: A return to 1.10 is possible today – ING
"The Italian government’s surprise windfall tax on bank profits directly impacted euro‑bank sentiment and pressured the EUR/USD pair, making it the most relevant news for that day’s price movement."
GBP/USD
EOD Return: -0.00%
GBP/USD slumps below 50-DMA ahead of US inflation, UK’s GDP figures
"The article highlights upcoming US CPI and UK GDP data along with BoE rate hike expectations, directly influencing market sentiment and likely contributing to the GBP’s decline."
NZD/USD
EOD Return: -0.01%
NZD/USD faces headwinds amid Chinese deflation and upcoming US CPI data
"The article directly links NZD/USD weakness to Chinese economic slowdown and upcoming U.S. CPI data, both key drivers of the pair’s decline on that day."
USD/BRL
EOD Return: -0.00%
USD/BRL: Monetary policy support for Real likely to gradually weaken next year – Commerzbank
"The article highlights expected gradual weakening of monetary policy support for the Real in 2024, signaling potential depreciation pressure on USD/BRL and contributing to the day's negative return."
USD/CAD
EOD Return: 0.00%
USD/CAD gains momentum above 1.3430 amid strong USD, US CPI eyed
"The article reports USD/CAD gaining momentum above 1.3430, directly correlating with the 0.20% end‑of‑day rise and highlighting strong USD activity ahead of US CPI data."
USD/CHF
EOD Return: -0.00%
USD/CHF slides towards 0.8700 on US Dollar’s positioning for inflation data amid mixed mood
"The article highlights USD/CHF sliding toward 0.8700 ahead of the US CPI release, directly linking the pair’s movement to upcoming inflation data and explaining the negative return."
USD/CNY
EOD Return: 0.00%
PBOC sets USD/CNY reference rate at 7.1588 vs. 7.1565 previous
"The PBoC’s daily reference rate setting directly influences the USD/CNY exchange level, and the change from 7.1565 to 7.1588 signals a slight tightening that likely contributed to the 0.11% rise in the pair."
USD/IDR
EOD Return: -0.00%
USD/IDR: Rupiah to remain weak in the coming month – Mizuho
"The article predicts the Indonesian Rupiah will remain weak in August, directly indicating a likely depreciation against the US Dollar and explaining the negative EOD return."
USD/INR
EOD Return: -0.00%
USD/INR: Rupee to start depreciating slowly in the times ahead – Mizuho
"The Mizuho analysis explicitly forecasts a gradual depreciation of the Indian Rupee against the US Dollar, directly explaining the negative return for USD/INR on that day."
USD/JPY
EOD Return: 0.01%
USD/JPY continues to climb amid falling US bond yields, awaiting US CPI
"The article links the USD/JPY rise to falling U.S. Treasury yields and upcoming CPI data, directly explaining the strong upward move that led to the 0.71% gain."
USD/MXN
EOD Return: 0.00%
USD/MXN drops as inflation cools down in Mexico, traders eye Banxico’s monetary policy decision
"The article reports Mexico’s CPI cooling, suggesting a deflationary trend and indicating that Banxico may hold rates steady with possible cuts later, directly supporting the MXN’s strength against the USD."