Inflation increased by 0.1%, lower than the forecast of 0.2%. Market participants have adjusted to a more gradual outlook for the Fed. Data from Canada showed retail sales increasing by 0.6%. The USD/CAD forecast shows an extension of last week’s rally after a brief pause on Friday. The dollar eased as the week ended due...
Business activity in the US rose, supported by the service sector. The economy expanded by 3.1% in the fourth quarter. The Fed cut rates but projected only 50 bps of cuts in 2025. The AUD/USD weekly forecast suggests renewed downward pressure as the dollar rallies on the outlook of fewer Fed rate cuts in 2025....
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts