Most Fed policymakers agreed to lower borrowing costs by 50-bps. The US Consumer Price Index rose by 2.4% annually, above estimates. Markets lowered the chances of a November Fed rate cut. The EUR/USD weekly forecast is bearish due to a continuing shift to a more cautious outlook for Fed policy after hotter CPI data. Ups...
The UK economy expanded by 0.2%, coming in line with economists forecasts. The CPI report in the US revealed that inflation was higher than expected in September. US unemployment claims rose more than expected, indicating a weaker labor market. The GBP/USD price analysis shows a small rebound in the pound after data revealed growth in...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts