Australian Dollar finds floor after China property default sparks sell-off
"The article links a Chinese property sector credit crunch to a sell‑off in the AUD, while also noting higher US factory inflation supporting the USD, directly explaining the AUD’s decline."
EUR/GBP
EOD Return: -0.00%
EUR/GBP reverses from three-week high towards 0.8650 on upbeat UK GDP, dovish ECB concerns
"The article reports that upbeat UK Q2 GDP data caused the GBP to strengthen, pushing EUR/GBP down from a three‑week high—directly explaining the negative return."
EUR/JPY
EOD Return: 0.00%
EUR/JPY corrects downward, poised for a consecutive weekly gain
"The article highlights upcoming Eurozone and Japan Q2 GDP releases and a slightly higher-than-expected French CPI, both key economic indicators that can influence EUR/JPY movement, making it the most relevant news for the day's price change."
EUR/USD
EOD Return: -0.00%
EUR/USD faces downward pressures below 1.1000 after a solid US PPI report
"The US Producer Price Index (PPI) rose above expectations, strengthening the dollar and pushing EUR/USD lower on that day."
GBP/USD
EOD Return: -0.00%
GBP/USD portrays anxiety ahead of UK Q2 GDP above 1.2650 despite US Dollar’s retreat on Fed concerns
"The article highlights market anxiety over the upcoming UK Q2 GDP release and emphasizes that a weaker-than-expected figure could dampen the pound, directly explaining the negative movement in GBP/USD."
NZD/USD
EOD Return: -0.00%
NZD/USD dips below 0.6000: US inflation and RBNZ’s dovish stance weighs on NZD
"The article highlights strong US PPI data boosting the USD and a dovish stance from the RBNZ, directly explaining the NZD’s decline."
USD/BRL
EOD Return: 0.01%
USD/BRL to remain at the current levels just below 5.00 going forward
– Commerzbank
"The article highlights the imminent Brazilian inflation release, which is a key indicator for the Central Bank’s policy stance and can directly impact the USD/BRL exchange rate."
USD/CAD
EOD Return: 0.00%
USD/CAD loses ground after hot PPI data from the US
"The article highlights hot US PPI data that strengthened the USD and weakened the CAD, directly explaining the 0.16% positive return for USD/CAD."
USD/CHF
EOD Return: 0.00%
USD/CHF Price Analysis: Remains inside the woods below 0.8800
"The article highlights US inflation data aligning with Fed targets and a new investment ban on China, both of which can influence USD strength against CHF, making it the most relevant news for the pair’s movement."
USD/CNY
EOD Return: 0.00%
PBOC sets USD/CNY reference rate at 7.1587 vs. 7.1576 previous
"The PBoC’s setting of the USD/CNY reference rate at 7.1587—near market expectations and above the previous fix—directly influenced the currency pair’s movement on that day."
USD/INR
EOD Return: 0.00%
USD/INR to hold around 82.00 by Q3 and drift lower to 81.50 by year-end – Commerzbank
"Commerzbank’s forecast and RBI policy stance directly influence expectations for USD/INR, providing fundamental context that likely drove the 0.34% gain."
USD/JPY
EOD Return: 0.00%
USD/JPY jumps to 145.00 following hot US inflation data
"The article cites higher-than-expected US PPI data driving the USD/JPY jump to 145.00, directly explaining the 0.40% end‑of‑day gain."
USD/MXN
EOD Return: 0.00%
USD/MXN drops but remains above 17.0000 amidst a hot US PPI reading
"The article highlights Banxico’s decision to keep rates at 11.25% amid a strong US PPI reading, directly supporting the Mexican Peso and explaining the USD/MXN rise."
USD/RUB
EOD Return: -0.01%
USD/RUB seen at 120.00 by end-2024 – Commerzbank
"The forecast that USD/RUB will reach 120.00 by end‑2024 directly signals a significant expected depreciation of the Ruble, aligning with the observed -1.50% EOD return."