US consumer price pressures accelerated in November. Data this week solidified bets for a December Fed rate cut. The likelihood of a December BoJ rate hike fell. The USD/JPY weekly forecast suggests continued dollar strength as markets price a more gradual Fed next year. Ups and downs of USD/JPY The USD/JPY pair had a bullish...
The UK economy contracted by 0.1% in October. US wholesale inflation increased by 0.4%, above estimates of 0.2%. The dollar is getting support from the wave of rate cuts in other major economies. The GBP/USD price analysis suggests a strong bearish bias after data revealed that the UK economy unexpectedly contracted in October. Meanwhile, the...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts