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...
The US dollar rebounded on Tuesday as market focus shifted to looming tariffs. The Fed will meet on Wednesday and likely keep interest rates unchanged. Market participants are pricing an 87% chance of a BoE rate cut next week. The GBP/USD price analysis shows a pause in the previous session’s decline as caution sets in...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts