Most Important News for 2023-08-18

AUD/USD
EOD Return: 0.00%
AUD/USD recovers further from YTD low, retakes 0.6400 mark and beyond on softer USD
"The article highlights a positive bounce in AUD/USD due to weaker USD and expectations of Chinese stimulus, directly supporting the pair’s modest gain."
EUR/GBP
EOD Return: 0.00%
EUR/GBP snaps five-day losing streak above 0.8500 on softer UK Retail Sales, mid-tier Eurozone data eyed
"The article highlights softer UK retail sales data, a key domestic economic indicator that directly influenced the EUR/GBP pair’s rebound and contributed to its positive end‑of‑day return."
EUR/JPY
EOD Return: 0.01%
EUR/JPY set to post a weekly decline after Japanese inflation data
"The article highlights higher-than-expected Japanese inflation data, which strengthened the yen and pushed EUR/JPY upward, directly explaining the 0.80% end‑of‑day gain."
EUR/NOK
EOD Return: 0.00%
EUR/NOK: Moderate Krone appreciation over the coming months – Commerzbank
"The article reports a 25‑basis‑point policy rate hike to 4% by Norges Bank, directly influencing the EUR/NOK pair and signaling further hikes, which likely drove the Krone’s appreciation."
EUR/USD
EOD Return: 0.00%
EUR/USD moves away from multi-week low on softer USD, lacks bullish conviction
"The article highlights a softer USD and the Fed’s hawkish stance, which limited dollar strength and allowed EUR/USD to gain, directly explaining the 0.24% rise."
GBP/USD
EOD Return: 0.00%
UK Retail Sales drop 1.2% MoM in July vs. -0.5% expected
"The UK Retail Sales fell 1.2% MoM in July, missing expectations and directly weakening the pound against the dollar, which explains the modest 0.19% EOD gain."
NZD/USD
EOD Return: 0.00%
RBNZ’s Silk: China slowdown, weak global growth pose risk to rate forecast
"The Reuters interview with RBNZ Assistant Governor Karen Silk highlighted concerns over China’s slowdown and weak global growth, directly affecting expectations for NZD policy rates and thus the NZD/USD pair."
USD/CAD
EOD Return: -0.00%
USD/CAD retreats from 11-week high towards 1.3500 on downbeat US Dollar, firmer Oil price
"The article reports a retreat of USD/CAD from an 11‑week high as the US dollar weakened and oil prices firmed, directly explaining the pair’s decline on the day."
USD/CHF
EOD Return: -0.00%
USD/CHF copies sluggish markets below 0.8800, Swiss data, Jackson Hole eyed
"The article highlights key factors affecting USD/CHF, including the upcoming Jackson Hole Symposium and Swiss industrial data, which are directly relevant to the currency pair’s movement."
USD/CNY
EOD Return: 0.00%
PBOC sets USD/CNY reference rate at 7.2006 vs. 7.2076 previous
"The PBoC’s decision to set a lower USD/CNY reference rate than market expectations directly influenced the pair’s movement, making it the most impactful news for that day."
USD/INR
EOD Return: -0.00%
USD/INR Price News: Indian Rupee rebound prods 83.00 as US Dollar tracks yields to pare weekly gains
"The article highlights a three‑day losing streak for the rupee, pressure around 83.00, and market consolidation ahead of Jackson Hole speeches—directly explaining the negative return."
USD/JPY
EOD Return: 0.01%
USD/JPY extends its loss above 145.00 amid USD weakness
"The article cites Japan’s July CPI at 3.3% above expectations and robust US labor data, highlighting a scenario where the yen strengthens against the dollar—directly supporting the USD/JPY rise seen on that day."
USD/MXN
EOD Return: -0.00%
USD/MXN dips on solid Mexican retail sales as the economy continues to grow
"The article cites strong Mexican retail sales and higher-than-expected economic growth, directly explaining the USD/MXN decline on that day."
USD/RUB
EOD Return: -0.02%
USD/RUB extends losses, holds ground above 93.00 psychological level
"The article links the USD/RUB decline directly to emergency rate hikes by the Central Bank of Russia, providing a clear causal explanation for the negative return."