Australia’s economy added 56,300 jobs in December. Unemployment in Australia edged higher in December. The US released a soft inflation report that weighed on the greenback. The AUD/USD forecast shows steady RBA rate cut bets after a mixed employment report from Australia. Meanwhile, the greenback remained frail after inflation figures came in line with expectations....
UK consumer inflation increased by a smaller-than-expected 2.5% annually. Market participants increased the likelihood of a Feb BoE rate cut from 60% to 80%. Economists expect US consumer inflation to increase by 2.6% annually. The GBP/USD forecast shows a bright day for the pound despite downbeat UK inflation figures. A decline in UK yields has...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts