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USD/CAD Forecast: Tariff Fears Deteriorate Risk Sentiment
Trump is considering emergency measures to facilitate a new tariff program. An unexpected build in US crude inventories weighed on oil prices. US data showed a drop in private job growth. The USD/CAD forecast shows renewed Trump tariff fears, which have weighed on the Canadian dollar. On the other hand, the US dollar has regained...
AUD/USD Forecast: RBA Rate Cut Odds Up After Easing CPI
Australia’s consumer inflation jumped by 2.3% in November. Underlying inflation in Australia dropped from 3.5% to 3.2%. US job openings unexpectedly rose in November to 8.10 million. The AUD/USD forecast turned bearish on Wednesday after Australia’s inflation figures increased the likelihood of a February RBA rate cut. Meanwhile, the greenback was on the front foot...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
