strengthening

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

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

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

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

USD/INR aims for 83.00 resistance level with multiple tests, anticipating the Fed’s verdict.

The USD/INR currency pair has been on a steady upward trend in recent weeks, with multiple tests of the 83.00 resistance level. This trend is largely driven by anticipation of the Federal Reserve's verdict on interest rates and the overall strength of the US economy.The Federal Reserve is expected to announce its decision on interest rates in the coming weeks, and many analysts are predicting that the central bank will raise rates for the first time in several years. This would be a significant shift in monetary policy, and it

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

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

AUD/USD Exchange Rate Depressed Near 0.6700, USD Selling Offers Limited Support

The AUD/USD exchange rate has been depressed near the 0.6700 level, with limited support from USD selling offers. This has been a concerning trend for investors and traders alike, as the AUD/USD rate is a key indicator of the strength of the Australian economy. The AUD/USD exchange rate is an important measure of the relative strength of the Australian dollar against the US dollar. It is used to compare the value of the two currencies and to determine the cost of goods and services when trading between the two countries.

PhonePe Receives US$200 Million Investment from Walmart

PhonePe, the digital payments platform owned by Flipkart, has received a massive investment of US$200 million from Walmart, the American retail giant. This investment is part of PhonePe's ongoing fundraising round, which aims to raise US$1 billion in total.The investment from Walmart is significant for PhonePe as it not only provides the company with a substantial amount of capital but also strengthens its ties with Walmart. Flipkart, the parent company of PhonePe, was acquired by Walmart in 2018 for US$16 billion, making it one of the largest e-commerce deals in

Yen Strengthens Ahead of Federal Reserve, Swiss National Bank, Bank of England Meetings and Purchasing Managers’ Index Data

The yen has been strengthening ahead of the upcoming Federal Reserve, Swiss National Bank, and Bank of England meetings and Purchasing Managers' Index (PMI) data. This comes as investors are looking for clues on how central banks will respond to the current economic environment.The Federal Reserve is expected to keep interest rates unchanged at its meeting this week, but investors are looking for hints of future policy changes. The Swiss National Bank is also expected to keep rates on hold, but investors are looking for clues on how it will

Yen Strengthens Ahead of Federal Reserve, Swiss National Bank, Bank of England Meetings and Purchasing Managers Indexes

The value of 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 Purchasing Managers Indexes (PMIs). This is due to investors looking for safe-haven assets in the face of global economic uncertainty.The Federal Reserve, Swiss National Bank, and Bank of England are all scheduled to meet in the coming weeks to discuss their respective monetary policies. These meetings are likely to have a significant impact on the global economy, and investors

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

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

Experts Predict Strengthening of Cryptocurrency in Long Term as Result of U.S. Banking Crisis

The banking crisis in the United States has been a major cause of concern for many investors and financial experts. As the economy continues to struggle, many are looking for alternative investments that can provide stability and growth. Cryptocurrency has emerged as a potential solution, and experts are predicting that it could become even stronger in the long term.Cryptocurrency is a digital currency that is not regulated by any government or central bank. It is decentralized and operates on a peer-to-peer network, meaning that transactions are verified by the users

Experts Predict Strengthening of Cryptocurrency in Long-Term Following U.S. Banking Crisis

The world of cryptocurrency is rapidly evolving, and experts are predicting a strengthening of the digital currency in the long-term following the U.S. banking crisis. Cryptocurrency is a digital or virtual currency that uses cryptography for security, making it difficult to counterfeit. It is not controlled by any central authority like a government or bank, and it operates on a decentralized public ledger called a blockchain.The U.S. banking crisis has caused a major disruption in the global economy, leading to increased volatility in the stock market and a decrease in

Experts Predict Strengthening of Cryptocurrency in Long Term Due to U.S. Banking Crisis

The recent banking crisis in the United States has caused a great deal of uncertainty and concern. Many people are wondering what the long-term effects of this crisis will be, and whether it will have any impact on the cryptocurrency market. According to experts, the answer is yes: the long-term outlook for cryptocurrency is likely to be strengthened by the banking crisis.The banking crisis has caused a lot of disruption in the traditional financial system, and this has opened up opportunities for alternative forms of currency, such as cryptocurrency. Cryptocurrency