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Tag: economic recovery

Analysis of GBP/USD Price: Dollar Reduces Gains and Keeps an Eye on Powell

Zephyrnet
The GBP/USD price has been subject to analysis and scrutiny in recent times as the dollar's gains have reduced, and market participants keep a...

Analysis of GBP/USD Price: Cable Aims to Attract Buyers Amidst 1.2800 Level, UK Economic Challenges Encourage Upside Movement

Zephyrnet
The GBP/USD price, also known as the "Cable," has been attracting buyers as it aims to break through the 1.2800 level. Despite the economic...

Rupee slips 1 paisa to close at record low of 83.10 against dollar on forex outflows

Trading
At the interbank foreign exchange, the domestic unit opened at 83.03 against the dollar and moved in a range of...

EUR/USD Remains Bearish Below 1.09 After EU Data

Zephyrnet
The EUR/USD currency pair has been experiencing a bearish trend, remaining below the key resistance level of 1.09, following the release of disappointing economic...

AUD/JPY Price Analysis: Decline below 94.00 follows recent peak near 95.00

Zephyrnet
The AUD/JPY currency pair has experienced a decline below the 94.00 level following a recent peak near 95.00. This price analysis highlights the factors...

Chinese Oil Prices React to Global Supply Dynamics

Forex
The world of oil trading is never short of twists and turns, with prices often influenced by a complex interplay of economic factors and...

Bitcoin inches up; Dogecoin, Solana lead losses

Blockchain
Bitcoin inched up in Monday afternoon trade in Asia and continued to hover around the US$29,000 mark. Ethereum and most other top 10 non-stablecoin...

Upcoming Events: US and UK Retail Sales, RBNZ Announcement in Focus

Zephyrnet
Upcoming Events: US and UK Retail Sales, RBNZ Announcement in FocusAs the global economy continues to recover from the impact of the COVID-19 pandemic,...

Supply Chain Weekly Wrap-Up 08/04/2023-08/10/2023

Supply Chain & Logistics
GM blames supplier for EV production delayGeneral Motors (GM) CEO Mary Barra disclosed that issues with an automation equipment supplier have caused unforeseen delays...

Anxiety looms for GBP/USD as UK Q2 GDP approaches above 1.2650, despite US Dollar’s retreat due to Fed concerns

Zephyrnet
Anxiety looms for GBP/USD as UK Q2 GDP approaches above 1.2650, despite US Dollar's retreat due to Fed concernsThe GBP/USD currency pair is currently...

Rabobank predicts EUR/USD to decline to 1.08 within three months

Zephyrnet
Rabobank, a leading Dutch multinational banking and financial services company, has recently made a prediction regarding the EUR/USD exchange rate. According to their analysis,...

Mexican Peso retreats from eight-year high but remains bullish below 17.00: USD/MXN Price Analysis

Zephyrnet
The Mexican Peso (MXN) has recently retreated from its eight-year high against the US Dollar (USD), but it continues to show a bullish trend...
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