Outlook

Societe Generale report suggests that the seasonal trends do not support a stronger Peso in April against the USD/MXN.

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Time Stamp: April 4, 2023 10:00 AM - Modified On: April 4, 2023 - Published By:
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A recent report by Societe Generale has suggested that the seasonal trends do not support a stronger Peso in April against the USD/MXN. This report has caused some concern among investors who were hoping for a stronger Peso in the coming month.The report suggests that the Peso has historically weakened against the USD/MXN in the month of April. This is due to a number of factors, including seasonal factors such as tax payments and lower oil prices. Additionally, the report notes that the Peso has been under pressure due to

GBP/USD: Bullish Extension Expected as Pound Sterling Price Rises – Latest 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 an upward trend in recent weeks, with the pound sterling price rising against the US dollar. This bullish extension is expected to continue in the coming weeks, as economic data and political developments in the UK and US support the pound's strength.One of the key drivers of the pound's rise has been the UK's successful vaccine rollout, which has boosted investor confidence in the country's economic recovery. The UK government has set a target of vaccinating all adults by the end of July,

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

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

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 pair has been on a bullish trend for the past few weeks, with the pound sterling rising against the US dollar. This trend is expected to continue in the coming weeks, as the UK economy shows signs of recovery and the US dollar weakens.One of the main factors driving the bullish trend in GBP/USD is the UK's successful vaccination program. The country has administered over 30 million doses of the COVID-19 vaccine, which has led to a significant decline in new cases and deaths. This has boosted investor

GBP/USD: Bullish Extension Eyed 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 an upward trend lately, with the pound sterling rising against the US dollar. This bullish extension is being closely watched by traders and investors alike, as it could signal a shift in the global economic landscape.One of the key factors driving this rise in the pound sterling is the ongoing Brexit negotiations between the UK and the European Union. Despite some setbacks and delays, there is a growing sense of optimism that a deal will be reached before the end of the year.

GBP/USD: Bullish Extension Anticipated as Pound Sterling Price Rises – Latest 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 bullish extension is anticipated to continue, as the latest news and forecast suggest.One of the main drivers of the pound's strength has been the progress in Brexit negotiations. The UK and the EU have reached a trade deal, which has provided some certainty for businesses and investors. This has boosted confidence in the UK economy and the pound sterling.Another factor contributing to the pound's rise is the

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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Published by Plato

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

Analysis of USD/JPY Price: Bulls Aim to Test Crucial 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 a bullish run since the beginning of the year, with the pair currently trading at 131.50. The bulls are aiming to test the crucial resistance level at 132.60, which is a key level to watch in the coming weeks.One of the key factors driving the bullish momentum in the USD/JPY pair is the improving economic outlook in the United States. The US economy has been showing signs of recovery, with strong job growth and rising consumer confidence. This has led to expectations of

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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Published by Plato

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,

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

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

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