US Federal

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

Source Node: https://platodata.network/platowire/societe-generale-reports-that-historical-trends-do-not-support-a-stronger-peso-in-april-against-the-us-dollar/
Time Stamp: April 4, 2023 10:00 AM - Modified On: April 4, 2023 - Published By:
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Republished By Plato

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

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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Published by Plato

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

USD/INR aims to break multi-tested resistance at 83.00, with anticipation for Fed’s decision.

Source Node: https://zephyrnet.com/usd-inr-targets-83-00-multi-tested-resistance-while-awaiting-feds-decision/
Time Stamp: March 21, 2023 12:24 AM - Modified On: March 21, 2023 - Published By:
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Published by Plato

The USD/INR currency pair has been on an upward trend since the beginning of 2021, with the exchange rate currently hovering around 73.50. The pair has been testing the resistance level at 83.00 multiple times over the past few months, and traders are now anticipating a potential breakout.One of the key factors driving the USD/INR exchange rate is the upcoming decision by the US Federal Reserve on its monetary policy. The Fed is expected to announce its decision on interest rates and other monetary policy measures on September 22nd. Traders

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

Source Node: https://zephyrnet.com/usd-inr-targets-83-00-multi-tested-resistance-while-awaiting-feds-decision/
Time Stamp: March 21, 2023 12:24 AM - Modified On: March 21, 2023 - Published By:
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Published by Plato

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/JPY Exchange Rate Stays Near 133.00 Despite Bank Crisis Fears and Weaker US Dollar

Source Node: https://zephyrnet.com/usd-jpy-keeps-the-red-around-133-00-mark-amid-bank-crisis-fears-softer-usd/
Time Stamp: March 16, 2023 7:44 AM - Modified On: March 16, 2023 - Published By:
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Published by Plato

The USD/JPY exchange rate has remained relatively stable near the 133.00 mark despite fears of a potential banking crisis and a weaker US dollar. This stability is a sign of the strength of the Japanese economy, which has been able to weather the storm of a global economic downturn. The USD/JPY exchange rate is closely tied to the US dollar, which has been weakening in recent months due to a variety of factors. These include the ongoing trade war between the US and China, as well as the US Federal

Cryptocurrency Market Reacts to Bank Announcements: A Summary of Crypto News for March 13, 2023

Source Node: https://zephyrnet.com/banks-shock-crypto-this-week-in-crypto-mar-13-2023/
Time Stamp: March 13, 2023 10:00 AM - Modified On: March 13, 2023 - Published By:
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Published by Plato

The cryptocurrency market has been on a roller coaster ride in recent weeks, and the news of March 13, 2023 was no exception. On this day, several major banks around the world made announcements that had a significant impact on the cryptocurrency market. Here is a summary of the key news and how it affected the crypto market.First, the Bank of England announced that it would be launching a digital currency pilot program. This news sent shockwaves through the crypto market, as it was seen as a sign of mainstream

XAG/USD Price Analysis: Silver Rallies as Traders Seek Safe Haven Assets

Source Node: https://zephyrnet.com/silver-price-forecast-xag-usd-rallies-on-traders-rush-to-safety/
Time Stamp: March 11, 2023 2:05 PM - Modified On: March 11, 2023 - Published By:
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Published by Plato

Silver prices have been on the rise in recent weeks, as investors seek out safe haven assets amid a tumultuous global economic climate. The XAG/USD exchange rate has been steadily increasing since the beginning of the year, and is currently trading at around $17.50 per ounce. This is a significant increase from the $15.50 per ounce it was trading at in early January.The rally in silver prices has been driven by a number of factors. Firstly, the ongoing US-China trade war has caused a great deal of uncertainty in the

US Dollar/Mexican Peso Exchange Rate Rises Despite Risk Aversion Following Mixed US Non-Farm Payroll Data

Source Node: https://zephyrnet.com/usd-mxn-edges-higher-despite-risk-aversion-after-mixed-us-nfp/
Time Stamp: March 10, 2023 10:23 PM - Modified On: March 10, 2023 - Published By:
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Published by Plato

The US dollar/Mexican peso exchange rate rose despite risk aversion following mixed US non-farm payroll data. This is a significant development, as it suggests that the Mexican peso is becoming increasingly attractive to investors despite the uncertainty surrounding US economic growth.The US non-farm payroll data, which measures the number of jobs added or lost in the US economy, was released on Friday. The data showed that the US economy added only 103,000 jobs in June, far below expectations of 175,000. This was the weakest reading since September 2017 and raised

US Dollar to Canadian Dollar Exchange Rate Climbs Above 1.3800 as Bank of Canada Maintains Steady Policy and Markets Bet on Hawkish Federal Reserve

Source Node: https://zephyrnet.com/usd-cad-climbs-above-1-3800-amid-steady-boc-policy-and-hawkish-fed-bets/
Time Stamp: March 8, 2023 10:28 PM - Modified On: March 8, 2023 - Published By:
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Published by Plato

The US dollar to Canadian dollar exchange rate has recently climbed above 1.3800, a level not seen since the end of 2018. This surge in the exchange rate is due to a combination of factors, including the Bank of Canada’s steady policy and markets betting on a hawkish Federal Reserve. The Bank of Canada has been keeping interest rates steady since October 2018, when it increased its benchmark rate from 1.75% to 2.00%. This steady policy has helped to keep the Canadian dollar relatively strong against the US dollar, as

US Dollar to Canadian Dollar Exchange Rate Rises Above 1.3800 as Bank of Canada Maintains Steady Policy and Investors Bet on Hawkish Federal Reserve

Source Node: https://zephyrnet.com/usd-cad-climbs-above-1-3800-amid-steady-boc-policy-and-hawkish-fed-bets/
Time Stamp: March 8, 2023 10:28 PM - Modified On: March 8, 2023 - Published By:
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Published by Plato

The US dollar to Canadian dollar exchange rate has recently risen above 1.3800, a level not seen since 2018. This surge in the exchange rate is due to a combination of factors, including the Bank of Canada's steady policy, the US Federal Reserve's hawkish stance, and investors betting on the US dollar's strength. The Bank of Canada has maintained a steady policy, keeping interest rates low and refraining from any major changes to monetary policy. This has helped to keep the Canadian dollar relatively stable, allowing it to remain competitive

AUD/USD Price Declines as Bears Aim for 0.6580s

Source Node: https://zephyrnet.com/aud-usd-falls-heavily-as-bears-move-in-towards-the-0-6580s-target-area/
Time Stamp: March 7, 2023 7:22 PM - Modified On: March 7, 2023 - Published By:
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Published by Plato

The AUD/USD currency pair has been on a downward trend in recent weeks, with the bears aiming for the 0.6580s. This is a significant decline from the 0.6700s that the pair had been trading at just a few weeks ago. The AUD/USD pair is highly sensitive to changes in the global economy, and this recent decline is largely due to the increasing uncertainty surrounding the US-China trade war. The US has recently imposed tariffs on Chinese goods, and this has caused investors to become more cautious about investing in the

AUD/USD Decreases Significantly as Bears Aim for 0.6580 Region

Source Node: https://zephyrnet.com/aud-usd-falls-heavily-as-bears-move-in-towards-the-0-6580s-target-area/
Time Stamp: March 7, 2023 2:22 PM - Modified On: March 7, 2023 - Published By:
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Published by Plato

The AUD/USD currency pair has recently experienced a significant decrease in value, with the bears aiming for the 0.6580 region. This drop in value has been attributed to a variety of factors, including the recent US-China trade war, as well as the US Federal Reserve’s decision to cut interest rates.The US-China trade war has been a major factor in the AUD/USD’s recent decline. As the two countries continue to impose tariffs on each other’s goods, the US dollar has strengthened against the Australian dollar, resulting in a decrease in the