hikes

Following a previous decline, the US Dollar stabilizes and regains its strength.

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Time Stamp: April 4, 2023 10:00 AM - Modified On: April 4, 2023 - Published By:
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The US Dollar is one of the most widely used currencies in the world, and its strength or weakness can have a significant impact on global financial markets. In recent years, the US Dollar has experienced some ups and downs, with periods of decline followed by periods of stabilization and strength. In this article, we will explore the reasons behind the recent decline of the US Dollar and how it has managed to stabilize and regain its strength.The US Dollar's decline began in early 2017, when the Trump administration announced

Federal Reserve’s Bullard Indicates One More Rate Hike Based on Latest FOMC Projections

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Time Stamp: March 24, 2023 2:33 PM - Modified On: March 24, 2023 - Published By:
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The Federal Reserve's Bullard recently indicated that there may be one more rate hike based on the latest FOMC projections. This news has caused some concern among investors and consumers alike, as it could potentially impact the economy in various ways.Firstly, it is important to understand what the Federal Reserve is and what its role is in the economy. The Federal Reserve, also known as the Fed, is the central bank of the United States. Its main responsibility is to regulate monetary policy, which includes setting interest rates and controlling

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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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

Analysis of USD/JPY Price: Bulls Aim to Test Key Resistance at 132.60, with Attention on 50% Reversion and Support Levels

Source Node: https://zephyrnet.com/usd-jpy-price-analysis-bulls-are-up-to-test-key-resistance-near-132-60-50-reversion-and-support-eyed/
Time Stamp: March 21, 2023 3:52 PM - Modified On: March 21, 2023 - Published By:
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The USD/JPY currency pair has been on an upward trend since the beginning of the year, with bulls aiming to test key resistance at 132.60. This is a significant level for traders as it represents a major psychological barrier that, if broken, could lead to further gains for the pair.One of the key factors driving the USD/JPY price higher is the divergence in monetary policy between the US and Japan. The Federal Reserve has been raising interest rates, while the Bank of Japan has maintained its ultra-loose monetary policy. This

AUD/USD Exchange Rate Struggles to Rise Above 0.6700 as USD Selling Offers Some Relief

Source Node: https://zephyrnet.com/aud-usd-remains-depressed-near-0-6700-fresh-usd-selling-lends-some-support/
Time Stamp: March 20, 2023 8:37 AM - Modified On: March 20, 2023 - Published By:
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The AUD/USD exchange rate has been struggling to rise above 0.6700 in recent weeks, as the US dollar has been selling off. This has offered some relief to the Australian dollar, which has been under pressure due to a weak domestic economy and a strong US dollar. The AUD/USD exchange rate is currently trading at around 0.6690, down from its recent high of 0.6720 in mid-July. The pair has been unable to break through the 0.6700 level, despite the US dollar selling off in recent weeks. This is due to

Yen Strengthens Ahead of Federal Reserve, Swiss National Bank, Bank of England Meetings and Manufacturing PMI Releases

Source Node: https://zephyrnet.com/forex-today-yen-gains-in-rough-waters-ahead-of-fed-snb-boe-and-pmis/
Time Stamp: March 19, 2023 4:40 PM - Modified On: March 19, 2023 - Published By:
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The Japanese yen has been strengthening ahead of the upcoming meetings of the Federal Reserve, Swiss National Bank, and Bank of England, as well as the release of the manufacturing Purchasing Managers’ Index (PMI). The yen has been on an upward trend since the beginning of the year, and this trend is expected to continue as investors await news from these important events.The Federal Reserve, Swiss National Bank, and Bank of England are all expected to make decisions on monetary policy in the coming weeks. Investors are closely watching these

BankDanske Bank Forecast: Interest Rate Hikes to Continue Despite Market Volatility

Source Node: https://zephyrnet.com/fed-preview-rate-hikes-to-continue-despite-volatility-danske/
Time Stamp: March 18, 2023 11:56 PM - Modified On: March 18, 2023 - Published By:
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The global economy has been in a state of flux for the past few years, with interest rates fluctuating and market volatility increasing. In this uncertain environment, it is important to understand how different banks are responding to the changing economic landscape. One of the most prominent banks in Europe, Danske Bank, has recently released its forecast for the future of interest rates. According to the bank’s analysis, it is likely that interest rates will continue to rise despite the current market volatility. Danske Bank’s forecast is based on a

ANZ Forecast: Gold Price to Increase in Second Half of 2020 as Federal Reserve Pauses

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Time Stamp: March 18, 2023 7:28 AM - Modified On: March 18, 2023 - Published By:
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Rate Hikes The gold price is expected to increase in the second half of 2020, according to the ANZ forecast. This is due to the Federal Reserve's decision to pause rate hikes, which has created a more favorable environment for gold prices. The Federal Reserve's decision to pause rate hikes is a result of the economic uncertainty caused by the coronavirus pandemic. The Federal Reserve is trying to keep the economy stable by keeping interest rates low. Low interest rates make it cheaper for investors to borrow money and buy

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

ECB Rate Hike of 50bps Has Little Impact on Cryptocurrency Market

Source Node: https://zephyrnet.com/crypto-market-largely-unaffected-by-ecb-decision-to-hike-rate-by-50bps/
Time Stamp: March 16, 2023 4:11 PM - Modified On: March 16, 2023 - Published By:
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The European Central Bank (ECB) recently announced a rate hike of 50 basis points, raising the benchmark rate from 0.00% to 0.50%. This move was seen as a sign of confidence in the Eurozone economy, and many investors were expecting it to have a positive impact on the cryptocurrency market. However, the reality is that the ECB rate hike has had little to no effect on the cryptocurrency market.The reason for this is that the cryptocurrency market is largely driven by factors other than traditional economic indicators. Cryptocurrencies are decentralized

CIBC: Canadian Job Numbers Suggest Possibility of Future Bank of Canada Rate Hikes

Source Node: https://zephyrnet.com/canada-job-numbers-offer-plenty-of-reason-for-the-boc-to-leave-the-door-open-to-future-rate-hikes-cibc/
Time Stamp: March 12, 2023 10:11 PM - Modified On: March 12, 2023 - Published By:
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The Canadian Imperial Bank of Commerce (CIBC) recently released a report that suggests the possibility of future Bank of Canada rate hikes. The report, which was based on the latest job numbers from Statistics Canada, indicates that the Canadian economy is continuing to show signs of strength, with job growth in the past year being the strongest since 2002. This is good news for the Canadian economy, but it also means that the Bank of Canada may be forced to raise interest rates in order to maintain economic stability. The

CIBC: Canada’s Job Numbers Suggest Potential for Future Bank of Canada Rate Hikes

Source Node: https://zephyrnet.com/canada-job-numbers-offer-plenty-of-reason-for-the-boc-to-leave-the-door-open-to-future-rate-hikes-cibc/
Time Stamp: March 12, 2023 10:11 PM - Modified On: March 12, 2023 - Published By:
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In recent months, Canada's job numbers have been on the rise, suggesting potential for future Bank of Canada rate hikes. The Canadian Imperial Bank of Commerce (CIBC) is one of the largest banks in Canada and is closely monitoring the situation.The Bank of Canada has kept its key interest rate unchanged since July 2015, when it was cut to 0.50%. This has had a positive effect on the Canadian economy, as it has allowed businesses to borrow money at lower rates and has helped to stimulate economic growth. However, with