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USD/JPY Outlook: Tokyo Inflation Bolsters Yen to 6-Week High
Data revealed that Tokyo’s core CPI increased by 2.2% in November. Market participants are pricing a 57% chance of a BoJ rate hike in December. The dollar was frail on Friday amid the Thanksgiving holiday. The USD/JPY outlook shows the yen nears a six-week high after hotter-than-expected Tokyo inflation figures. At the same time, the...
EUR/USD Outlook: ECB Led Rally Loses Momentum
ECB’s Isabel Schnabel said on Wednesday that the central bank should cut rates gradually. Market participants are anticipating the German inflation report. US inflation increased by 0.3%. The EUR/USD outlook shows a slight pullback following a sharp bullish turn after hawkish European Central Bank remarks boosted the euro. However, trading remained thin as the US...
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Crypto Price Predictions
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
