USDPYG Price, Chart, Live Rate and Forecast -Markets.com

USDPYG

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Analysis and statistics

Open
7190.1504$
Previous Close
7101.329$
52 Week Change
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Day Range
88.82$
52 Week High/Low
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Dividend Per Share
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Market cap
--$
EPS
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Beta
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Volume
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About

USDPYG.FOREX is not a standard or well-defined financial product symbol. The ".FOREX" suggests it is related to foreign exchange (forex). Based on the symbol's structure, it likely represents the exchange rate between the US Dollar (USD) and the Paraguayan Guarani (PYG). It is probable that this is a specific ticker or designation used by a particular data provider, broker, or platform, and is not a universal symbol recognized across all financial markets. You should consult the source where you encountered this symbol for its exact meaning and how it is calculated.

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Factors

USD Strength: Strong US economy, rising interest rates increase USD demand.

PYG Weakness: Paraguay's political instability, economic slowdown decrease PYG demand.

Interest Rates: Higher US rates attract investment, boosting USD; Paraguay's rates impact PYG attractiveness.

Trade Balance: US trade surplus strengthens USD; Paraguay's trade deficit weakens PYG.

Commodity Prices: Paraguay relies on agricultural exports; lower commodity prices weaken PYG.

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