Most Important News for 2023-08-25

AUD/USD
EOD Return: 0.00%
AUD/USD nears cycle low after Powell’s hawkish remarks
"Powell’s hawkish remarks at Jackson Hole directly influenced US yields and the USD, driving AUD/USD lower on that day."
EUR/CHF
EOD Return: 0.00%
EUR/CHF: 0.9500 level to be a solid barrier towards preventing further gains in Franc – Citi
"Citi’s analysis highlights the 0.9500 support level as a key barrier to further franc gains and explains the weakening of EUR/CHF due to rate differentials and ECB policy expectations, directly impacting the day’s price movement."
EUR/GBP
EOD Return: 0.00%
EUR/GBP consolidates its gains around 0.858, eyes on ECB’s Lagarde speech
"The article focuses on the EUR/GBP consolidating near 0.858 ahead of ECB President Lagarde’s speech, directly tying a major economic event to the pair’s movement."
EUR/JPY
EOD Return: 0.00%
EUR/JPY Price Analysis: Advances and faces strong resistance at Tenkan-Sen, clings to 158.00
"The article highlights ECB President Christine Lagarde’s hawkish stance on inflation and a potential break above the Tenkan‑Sen line at 158.18, signaling bullish momentum that likely drove the EUR/JPY up toward its year‑to‑date high."
EUR/NOK
EOD Return: 0.00%
EUR/NOK: Upward sloping profile for Krone in the coming months – Danske Bank
"The article provides a detailed bullish forecast for the Norwegian krone, citing tight energy supply and a prolonged growth slowdown, directly influencing EUR/NOK’s positive movement."
EUR/USD
EOD Return: 0.00%
EUR/USD whipsaws as Powell drops inflation bombshell at Jackson Hole
"Powell’s inflation remarks at Jackson Hole directly influenced USD strength, driving the EUR/USD pair higher on the day."
GBP/USD
EOD Return: 0.00%
GBP/USD slides to two-month lows amid global economic woes, hawkish Fed stance
"The article highlights Powell’s hawkish remarks and the strengthening of the US Dollar Index, directly explaining the GBP/USD pair’s rise on that day."
NZD/USD
EOD Return: 0.00%
NZD/USD extends the downside to the vicinity of 0.5900, focus on Fed Chair Powell's speech
"The article cites upbeat US employment data and the possibility of a hawkish Fed stance, directly explaining the USD strength that pushed NZD/USD lower."
USD/CAD
EOD Return: -0.00%
USD/CAD corrects from 1.3600 as investors remain mixed about Fed Powell’s speech
"The article reports a direct correction of USD/CAD from 1.3600 amid investor uncertainty over Powell’s upcoming speech, directly explaining the modest negative return for the pair."
USD/CHF
EOD Return: -0.00%
USD/CHF Price Analysis: Bears moved in around 0.8780s, dragging prices lower
"The article attributes the USD/CHF decline to sellers driven by US Treasury yields dipping after Powell’s hawkish remarks, directly explaining the day’s negative movement."
USD/CNY
EOD Return: 0.00%
PBOC sets USD/CNY reference rate at 7.1883 vs. 7.1886 previous
"The PBOC’s setting of the USD/CNY reference rate at 7.1883, along with detailed open market operations, directly influences the yuan’s value and liquidity, making it the most impactful news for that day."
USD/INR
EOD Return: -0.00%
USD/INR: RBI’s FX intervention makes sense, but is not without costs – ANZ
"The article highlights RBI’s FX intervention and the rupee reaching a lifetime high above 83, directly explaining the downward pressure on USD/INR that led to the negative EOD return."
USD/JPY
EOD Return: 0.00%
USD/JPY soars as Fed Powell’s hawkish stance fuels tightening speculations
"Powell’s hawkish stance directly influenced USD/JPY, driving the pair higher and contributing to the day’s positive return."
USD/MXN
EOD Return: 0.00%
USD/MXN Price Analysis: Mexican Peso eases from 16.80 support confluence ahead of Fed Powell’s speech
"The article highlights a key support level for the Mexican Peso and anticipates Fed Chairman Powell’s upcoming speech, both of which are strong drivers behind the USD/MXN’s 0.27% rise on that day."
USD/RUB
EOD Return: -0.01%
USD/RUB holds above 94.60, markets turn cautious ahead of Fed’s Powell
"The article highlights Putin’s statement about shifting trade away from the USD and the anticipation of Fed Chairman Powell’s speech, both directly influencing USD/RUB sentiment and explaining the negative return."
USD/TRY
EOD Return: -0.00%
USD/TRY: Lira pares CBRT-led gains above 26.00 with eyes on Fed Chair Powell’s speech
"The article highlights the Turkish Lira’s pullback after a large central bank rate hike and anticipates Fed Chair Powell’s upcoming speech, directly explaining the USD/TRY depreciation on that day."