Three BoE policymakers were ready to lower borrowing costs. Data revealed that UK retail sales missed forecasts, increasing by 0.2%. The US economy expanded by 3.1% in the fourth quarter, above estimates of 2.8%. The GBP/USD outlook shows growing enthusiasm among pound bears as Bank of England rate cut expectations increase. At the same time,...
The Fed predicted fewer rate cuts in the coming year. Fed policymakers have assumed a less dovish stance due to the resilient US economy. The Bank of Japan gave little clues on future moves. The USD/JPY outlook took a sharp bullish turn on Wednesday as the Fed forecasted fewer cuts in 2025, and the BoJ...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts