The pound collapsed on Thursday, losing about 1.16% of its value. Markets expect only 45-bps of rate cuts in the US this year. The Bank of England might lower borrowing costs by 60-bps this year. The GBP/USD outlook leans bearish, as the greenback started strong amid expected fewer rate cuts this year. At the same...
The yen lost around 10% of its value in 2024. Analysts believe Trump’s administration will boost the economy and reheat price pressures. BoJ officials will wait to see the impact of Trump’s policies. The USD/JPY outlook suggests some relief for the yen at the start of the year as the greenback eases. However, the outlook...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts