geopolitical

XAU/USD Pennant Breakout Confirmed, Gold Price Expected to Rise Towards $2,043

Source Node: https://platodata.network/platowire/xau-usd-pennant-breakout-confirmed-gold-price-expected-to-rise-towards-2043/
Time Stamp: April 5, 2023 2:08 AM - Modified On: April 5, 2023 - Published By:
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The XAU/USD pennant breakout has been confirmed, and gold prices are expected to rise towards $2,043. This news has sent shockwaves through the financial world, as investors scramble to position themselves for the expected surge in gold prices.The XAU/USD pennant breakout is a technical analysis pattern that occurs when the price of gold forms a triangle shape on a chart. This pattern is formed when the price of gold is consolidating after a significant move up or down. The pennant pattern is characterized by a series of lower highs and

Jeffrey Gundlach, Billionaire ‘Bond King’, Forecasts Significant Rate Cuts by the Fed in the Near Future

Source Node: https://platodata.network/platowire/jeffrey-gundlach-billionaire-bond-king-forecasts-significant-rate-cuts-by-the-fed-in-the-near-future/
Time Stamp: March 24, 2023 9:30 PM - Modified On: March 24, 2023 - Published By:
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Republished By Plato

Jeffrey Gundlach, the billionaire bond king and CEO of DoubleLine Capital, has recently made headlines with his prediction of significant rate cuts by the Federal Reserve in the near future. Gundlach is known for his accurate predictions in the bond market, and his latest forecast has caught the attention of investors and economists alike.Gundlach's prediction comes at a time when the US economy is showing signs of slowing down. The ongoing trade war with China, coupled with weaker global growth and geopolitical tensions, has led to concerns about a potential

ING predicts moderate hawkish surprise by the Fed could lead to a potential recovery of the dollar

Source Node: https://zephyrnet.com/dollar-could-recover-a-bit-on-the-back-of-a-moderate-hawkish-surprise-by-the-fed-ing/
Time Stamp: March 22, 2023 7:11 AM - Modified On: March 22, 2023 - Published By:
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Published by Plato

ING, a leading global bank, has predicted that a moderate hawkish surprise by the Federal Reserve could lead to a potential recovery of the dollar. The prediction comes as the US central bank is set to hold its policy meeting this week, where it is widely expected to signal a shift towards a more hawkish stance.The Fed has been under pressure to address rising inflation and the potential threat it poses to the US economy. Inflation has been running at its highest level in over a decade, fueled by a

GBP/USD: Bullish Extension Expected as Pound Sterling Price Rises – News and Forecast

Source Node: https://zephyrnet.com/pound-sterling-price-news-and-forecast-gbp-usd-bulls-are-in-the-market-and-eye-a-bullish-extension/
Time Stamp: March 21, 2023 3:53 PM - Modified On: March 21, 2023 - Published By:
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The GBP/USD currency pair has been on a bullish run in recent weeks, with the pound sterling price rising against the US dollar. This trend is expected to continue in the coming weeks, as economic data and political developments continue to support the pound.One of the main drivers of the pound's recent strength has been the UK's successful vaccination program, which has allowed the country to reopen its economy faster than many other countries. This has boosted investor confidence in the UK economy and led to increased demand for the

Bloomberg Analyst Predicts Crypto Supercycle as Bitcoin Outperforms Gold

Source Node: https://zephyrnet.com/bloomberg-analyst-crypto-supercycle-likely-on-as-btc-outperforms-gold/
Time Stamp: March 21, 2023 3:46 PM - Modified On: March 21, 2023 - Published By:
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Cryptocurrencies have been a hot topic in the financial world for the past few years, with Bitcoin being the most well-known and widely traded. Recently, Bloomberg analyst Mike McGlone predicted a crypto supercycle, citing Bitcoin's outperformance of gold as a key indicator.Gold has long been considered a safe-haven asset, with investors turning to it during times of economic uncertainty. However, in recent months, Bitcoin has outperformed gold in terms of price growth. In fact, Bitcoin's price has more than tripled since its low in March 2020, while gold's price has

Euro Continues to Rise as Market Turmoil Subsides: EUR/USD Update

Source Node: https://zephyrnet.com/eur-usd-euro-extends-rally-market-turmoil-eases/
Time Stamp: March 21, 2023 6:51 AM - Modified On: March 21, 2023 - Published By:
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The Euro has been on a steady rise against the US dollar in recent weeks, as market turmoil subsides and investors regain confidence in the global economy. The EUR/USD exchange rate has climbed from around 1.17 in early August to over 1.19 at the time of writing, marking a significant increase in value for the Euro.One of the main factors driving this upward trend is the easing of tensions surrounding the ongoing trade dispute between the US and China. While the two countries have yet to reach a formal agreement,

USD/INR aims for multi-tested resistance at 83.00 and anticipates Fed’s verdict.

Source Node: https://zephyrnet.com/usd-inr-targets-83-00-multi-tested-resistance-while-awaiting-feds-decision/
Time Stamp: March 21, 2023 12:24 AM - Modified On: March 21, 2023 - Published By:
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The USD/INR currency pair has been on a rollercoaster ride in recent months, with the Indian rupee gaining strength against the US dollar. However, the pair is now eyeing multi-tested resistance at 83.00, which could prove to be a crucial level for its future direction.The Indian rupee has been one of the best-performing emerging market currencies in 2021, thanks to a combination of factors such as a strong economic recovery, a decline in COVID-19 cases, and a surge in foreign investment inflows. This has led to a rally in the

XAU/USD Gold Price Gains Over 3%, Reaches $2,000 Forecast

Source Node: https://zephyrnet.com/gold-price-forecast-xau-usd-gains-more-than-3-approaches-2000/
Time Stamp: March 19, 2023 4:40 PM - Modified On: March 19, 2023 - Published By:
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The XAU/USD gold price has recently gained over 3%, reaching the $2,000 forecast. This is a significant milestone for the precious metal, which has been on a steady rise since the start of the pandemic. The increase in gold prices is being attributed to a variety of factors, including a weak US dollar, geopolitical tensions, and central bank stimulus programs. The US dollar has been weakening due to a variety of factors, including the Federal Reserve’s decision to keep interest rates low and the US government’s increasing debt levels. This

XAU/USD Gains 3% and Reaches $2,000: Gold Price Forecast

Source Node: https://zephyrnet.com/gold-price-forecast-xau-usd-gains-more-than-3-approaches-2000/
Time Stamp: March 19, 2023 4:40 PM - Modified On: March 19, 2023 - Published By:
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The gold price has been on the rise in recent months, and the XAU/USD exchange rate has recently gained 3% and reached $2,000. This is a significant milestone for the precious metal, as it is now trading at its highest level since 2011. The surge in gold prices has been attributed to a number of factors, including a weakening US dollar, increasing geopolitical tensions, and a flight to safety as investors seek to protect their wealth from market volatility.The recent gains in the XAU/USD exchange rate have been driven by

ANZ Forecast: XAU/USD Gold Price to Increase in Second Half of Year with Fed on Hold

Source Node: https://zephyrnet.com/gold-price-forecast-xau-usd-to-advance-nicely-in-the-second-half-of-the-year-as-fed-pauses-anz/
Time Stamp: March 18, 2023 7:28 AM - Modified On: March 18, 2023 - Published By:
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The precious metal gold has long been seen as a safe haven asset, and its value is often used as a barometer for the health of the global economy. Recently, the Australian and New Zealand Banking Group (ANZ) released a forecast predicting that the XAU/USD gold price will increase in the second half of the year, due to the Federal Reserve’s decision to keep interest rates on hold. The ANZ report noted that gold prices have been on a steady rise since the start of the year, and that this

ANZ Forecast: XAU/USD Gold Price to Increase in Second Half of 2020 Following Fed Pause

Source Node: https://zephyrnet.com/gold-price-forecast-xau-usd-to-advance-nicely-in-the-second-half-of-the-year-as-fed-pauses-anz/
Time Stamp: March 18, 2023 7:28 AM - Modified On: March 18, 2023 - Published By:
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The gold price has been on a roller coaster ride in 2020, with the XAU/USD gold price increasing and decreasing in response to the global economic climate. Recently, the Federal Reserve announced a pause in its rate hikes, which has caused many investors to turn their attention to gold as a safe-haven asset. According to ANZ Bank's latest forecast, the XAU/USD gold price is expected to increase in the second half of 2020 following the Fed's pause. The Federal Reserve's decision to pause its rate hikes has been a major

Crude Oil Price Analysis: WTI Recovers from 2021 Lows

Source Node: https://zephyrnet.com/wti-price-analysis-crude-oil-bounces-from-fresh-2023-lows/
Time Stamp: March 17, 2023 2:34 PM - Modified On: March 17, 2023 - Published By:
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In 2021, the price of West Texas Intermediate (WTI) crude oil has been on a roller coaster ride. After reaching its lowest point in over a year in mid-February, WTI has since recovered and is now trading at levels not seen since October 2020. This article will provide an analysis of the factors that have contributed to the recent price movements of WTI crude oil. The primary factor driving the recent recovery in WTI prices has been the ongoing recovery in global oil demand. After a sharp decline in 2020