Recover

CIBC Forecasts GBP/USD to Reach 1.24 in Q2 2023

Source Node: https://zephyrnet.com/gbp-usd-to-retest-early-2023-highs-north-of-1-24-into-q2-cibc/
Time Stamp: March 2, 2023 10:37 AM - Modified On: March 2, 2023 - Published By:
Source Cluster:
Published by Plato

The British Pound (GBP) and the US Dollar (USD) are two of the most important currencies in the world. As such, their exchange rate is closely monitored by investors and traders alike. Recently, the Canadian Imperial Bank of Commerce (CIBC) has released a forecast that the GBP/USD exchange rate will reach 1.24 in the second quarter of 2023. The CIBC is one of Canada's largest banks and is well-known for its economic forecasts. The bank's forecast is based on a number of factors, including the current economic situation in both

UBS Strategists Forecast Limited Effect of Forthcoming Mt Gox Distributions on Bitcoin Price

Source Node: https://zephyrnet.com/ubs-strategists-predict-minimal-impact-of-upcoming-mt-gox-payouts-on-bitcoin-value/
Time Stamp: March 1, 2023 2:00 PM - Modified On: March 1, 2023 - Published By:
Source Cluster:
Published by Plato

The cryptocurrency market has been a volatile one in recent years, with the price of Bitcoin (BTC) fluctuating wildly. Recently, UBS strategists have forecasted that the forthcoming Mt Gox distributions will have a limited effect on the price of Bitcoin. Mt Gox was once the largest Bitcoin exchange in the world, handling over 70% of all Bitcoin transactions. In 2014, it filed for bankruptcy after it lost 850,000 BTC due to a security breach. Since then, it has been in the process of liquidating its assets and distributing them to

Potential Homebuyers Deterred by February Increase in Mortgage Rates

Source Node: https://zephyrnet.com/mortgage-rates-increased-in-february-pushed-away-potential-buyers/
Time Stamp: March 1, 2023 1:40 PM - Modified On: March 1, 2023 - Published By:
Source Cluster:
Published by Plato

As the housing market continues to recover from the Great Recession, potential homebuyers are facing a new challenge: an increase in mortgage rates. In February, mortgage rates rose to their highest level in nearly four years, making it more difficult for potential homebuyers to qualify for a loan. The average rate for a 30-year fixed mortgage rose to 4.4%, up from 4.15% in January. This is the highest rate since April 2014, when it was 4.47%. This increase in mortgage rates has made it more difficult for potential homebuyers to

Ford Patents Technology for Self-Repossession of Automobiles

Source Node: https://zephyrnet.com/ford-files-patent-for-cars-that-can-repossess-themselves/
Time Stamp: March 1, 2023 11:28 AM - Modified On: March 1, 2023 - Published By:
Source Cluster:
Published by Plato

In a move that could revolutionize the auto industry, Ford has recently patented a technology that would allow them to remotely repossess their vehicles. The technology, which is still in the early stages of development, would allow Ford to track the location of their vehicles and take control of them if they are not being paid for. This could be a game-changer for the auto industry, as it would allow companies to more easily recover vehicles that are not being paid for, and could potentially reduce the amount of time