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USD/CAD Forecast: BoC-Fed Divergence Widens After Trump
The BoC lowered borrowing costs by 25-bps as expected. Canada’s central bank downgraded its economic forecasts. The Federal Reserve kept rates unchanged as expected. The USD/CAD forecast shows a divergence in policy and economic outlooks between the Bank of Canada and the Fed due to Trump’s policies. BoC policymakers are worried Trump’s tariffs will weaken...
AUD/USD Forecast: RBA Rate Cut Odds Grow as Inflation Eases
Australia’s CPI increased by 0.2% in the fourth quarter, missing estimates. Traders are pricing an 80% chance of an RBA rate cut in February. Market participants are preparing for the Fed policy meeting. The AUD/USD forecast shows higher expectations for an RBA rate cut in February due to cooling inflation in Australia. Meanwhile, the dollar...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
