Interest Rates

XAU/USD Breaks Out of Pennant Pattern, Gold Price Predicted to Rise to $2,043

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Time Stamp: April 5, 2023 2:08 AM - Modified On: April 5, 2023 - Published By:
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The XAU/USD, also known as the gold price, has recently broken out of a pennant pattern, which is a bullish signal for the precious metal. This breakout has led many analysts to predict that the gold price will rise to $2,043 in the near future.A pennant pattern is a technical analysis chart pattern that forms when there is a period of consolidation after a strong price movement. The pattern is formed by two converging trendlines that form a triangle shape. The pennant pattern is considered a continuation pattern, which means

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

Societe Generale reports that historical trends do not support a stronger Peso in April against the US Dollar.

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Time Stamp: April 4, 2023 10:00 AM - Modified On: April 4, 2023 - Published By:
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Societe Generale, a French multinational investment bank and financial services company, has recently reported that historical trends do not support a stronger Peso in April against the US Dollar. This report has caused concern among investors and traders who were hoping for a stronger Peso in the coming month.The Peso is the official currency of Mexico and is one of the most traded currencies in the world. It is closely tied to the US Dollar, as Mexico is one of the United States' largest trading partners. The strength of the

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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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

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

Bullard from the Fed reveals that FOMC projections indicate an additional rate hike.

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Time Stamp: March 24, 2023 2:33 PM - Modified On: March 24, 2023 - Published By:
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James Bullard, the President of the Federal Reserve Bank of St. Louis, recently revealed that the Federal Open Market Committee (FOMC) projections indicate an additional rate hike in the near future. This news has caused a stir in the financial world, as many investors and economists are now speculating about the potential impact of this decision on the economy.The FOMC is a committee within the Federal Reserve System that is responsible for setting monetary policy in the United States. The committee meets several times a year to discuss economic conditions

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

ING predicts that the dollar may experience a slight rebound due to a moderate hawkish surprise from the Fed.

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 Predicts a Slight Rebound for the Dollar Due to Hawkish Surprise from the FedThe US dollar has been on a downward trend for the past few months, with the COVID-19 pandemic and the Federal Reserve's monetary policies being the primary drivers. However, ING, a leading global bank, predicts that the dollar may experience a slight rebound due to a moderate hawkish surprise from the Fed.What is a hawkish surprise?A hawkish surprise is a term used to describe a shift in monetary policy towards tighter monetary conditions. This shift can

US Officials Discuss the Possibility of Increasing Deposit Insurance Coverage

Source Node: https://zephyrnet.com/us-officials-consider-expanding-deposit-insurance-coverage/
Time Stamp: March 22, 2023 5:13 AM - Modified On: March 22, 2023 - Published By:
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In the wake of the 2008 financial crisis, US officials are discussing the possibility of increasing deposit insurance coverage. Deposit insurance is a type of insurance that protects depositors in case their bank fails. Currently, the Federal Deposit Insurance Corporation (FDIC) provides deposit insurance coverage up to $250,000 per depositor, per insured bank.The idea of increasing deposit insurance coverage has gained traction in recent years, as many people are still wary of the banking system after the financial crisis. The FDIC has been advocating for an increase in deposit insurance

Starling Bank in UK expands its workforce by hiring 1,000 tech employees to boost digital services

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Time Stamp: March 21, 2023 5:58 PM - Modified On: March 21, 2023 - Published By:
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Starling Bank, a UK-based digital bank, has announced its plans to hire 1,000 new tech employees in the coming months. The move is aimed at boosting the bank's digital services and expanding its customer base.The bank, which was founded in 2014, has grown rapidly in recent years, with over 2 million customers and £4 billion in deposits. It offers a range of digital banking services, including current accounts, savings accounts, and loans.The new hires will be focused on developing the bank's technology platform, including its mobile app and online banking

Shift in Fundraising Sees European Tech Startups Double Debt Financing

Source Node: https://zephyrnet.com/europe-tech-startups-doubled-debt-financing-in-fundraising-shift/
Time Stamp: March 21, 2023 4:46 PM - Modified On: March 21, 2023 - Published By:
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In recent years, there has been a significant shift in the way European tech startups are raising funds. While equity financing has traditionally been the preferred method for startups to raise capital, there has been a doubling in the amount of debt financing being used by European tech startups. This shift is indicative of a changing landscape in the world of fundraising, and it is important for entrepreneurs and investors alike to understand the reasons behind this trend.One of the primary reasons for the shift towards debt financing is that

GBP/USD: Bullish Extension Anticipated 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 trend in recent weeks, with the pound sterling rising against the US dollar. This trend is expected to continue, with analysts predicting a bullish extension for the pair.One of the main drivers of this bullish trend is the progress being made in Brexit negotiations. The UK and the EU have been working towards a trade deal, and recent reports suggest that a deal could be reached soon. This has boosted confidence in the pound sterling, as it reduces the uncertainty surrounding