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USD/JPY Outlook: BoJ Could Hike Rates Amid Rising Inflation
Japan’s wage gains have shown sustainable growth prospects. US nonfarm payrolls rose by 256,000, beating estimates of 164,000. Traders expect only 27-bps of Fed rate cuts this year. The USD/JPY outlook shows increasing price pressures in Japan that might convince BoJ policymakers to hike rates soon. As a result, the yen gained despite a strong...
USD/CAD Forecast: Dollar Reigns Amid NFP Ripple Effects
US job growth jumped in December, with the economy adding 256,000 jobs. The US unemployment rate eased to 4.1%. Canada’s economy added 90,900 jobs compared to forecasts of 24,900. The USD/CAD forecast shows a slightly bullish bias as traders balance the upbeat employment reports from Canada and the US. The pair rose on Friday as...
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Crypto Price Predictions
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
