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GBP/USD Outlook: Pound Holds Firm Against Weakening Dollar
The dollar fell Wednesday as investors absorbed the Fed’s policy meeting outcome. Powell maintained that the Fed’s next move would be a rate cut. British manufacturing fell in April. The GBP/USD outlook remains optimistic as the pound holds strong against a faltering dollar. Recent remarks from Fed Chair Jerome Powell have increased the likelihood that...
USD/JPY Forecast: Yen Surges on Another Possible Intervention
There is a high chance that Japanese authorities intervened again to support the yen. Powell maintained that the Fed was still looking to cut interest rates. The gap in long-term government bond yields between Japan and the US is 376 basis points. The USD/JPY forecast indicates a bearish trend as the yen gains ground following...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
