USD/CNY to breach historical highs and end the year at 7.60 – SocGen

[ad_1] Share:  Economists at Société Générale make an upward revision to USD/CNY. An arduous march to 7.60 by the end of 2023 We revise up our year-end USD/CNY forecast by 0.20 to 7.60. The policy response, seemingly less organised than in the past, should pave the way for the USD/CNY pair to overshoot

HARVESTA – A TRADING SYSTEM WITH OVER 1 YEAR OF CONSISTENT PROFIT (256% PROFIT) – Analytics & Forecasts – 23 August 2023

[ad_1] Harvesta  is an Expert Advisor that makes use of “Probabilistic approach” to trade the congestion zones using the demand and supply principles. It is smart, robust, not adversely affected by any broker, leverage, and slippage.  Recommendations Timeframe: M15  Balance: 3000  Pairs: NZDCAD, GBPNZD, AUDCAD, AUDNZD, NZDUSD, EURGBP, NZDCHF, EURAUD, GBPAUD, GBPCAD. Settings: The default settings are already configured for the trading currency

US-based analyst sees year end S&P 500 as high as 4850

[ad_1] A beefed up equity market forecast via a note from Jefferies Group, a US investment bank/financial services company headquartered in New York City. In summary, the equity researchers boosted their year-end target for the benchmark index, citing easing inflation, positive economic surprises and fading earnings downgrades: Our new base case for the S&P 500

Fed’s Williams does not rule out possibility of rates cuts next year

[ad_1] Inflation is coming down as hoped Expects unemployment to rise slightly as the economy cools, personally sees unemployment rate rising above 4% next year Does not rule out possibility of lowering rates in early 2024 It all depends on the economic data Well, that’s one of the first angles by the Fed in agreeing

Mexican peso hits 7-1/2 year high vs dollar, further gains eyed By Reuters

[ad_1] © Reuters. A twenty pesos coin is seen, as Mexico’s Central Bank (Banco de Mexico) puts into circulation a twenty pesos coin which commemorates the 100th anniversary of the arrival of the Mennonites to the country, in this picture illustration taken August 9, 2022. MEXICO CITY (Reuters) -Mexico’s peso on Friday hit its highest

HARVESTA – A TRADING SYSTEM WITH OVER 1 YEAR OF CONSISTENT PROFIT (240% PROFIT) – Analytics & Forecasts – 30 July 2023

[ad_1] Harvesta  is an Expert Advisor that makes use of “Probabilistic approach” to trade the congestion zones using the demand and supply principles. It is smart, robust, not adversely affected by any broker, leverage, and slippage.  Recommendations Timeframe: M15  Balance: 3000  Pairs: NZDCAD, GBPNZD, AUDCAD, AUDNZD, NZDUSD, EURGBP, USDJPY, NZDCHF, EURAUD, GBPAUD, GBPCAD. Settings: The default settings are already configured for the trading