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USD/CAD Outlook: Upbeat US CPI Sparks Strong Rally
Data on Thursday showed that inflation jumped more than expected in September. US unemployment claims increased to 258,000 compared to estimates of 230,000. Canada’s economy might add 29,800 jobs, an increase from the previous 22,100. The USD/CAD outlook shows a strong rally in the pair as the dollar shines amid upbeat economic data. At the...
Gold Outlook: Gold Edges Higher as Traders Brace for US CPI
The US will release a crucial economic report showing the state of inflation. US price pressures might increase by 2.3%, below the previous month’s 2.5% increase. Signs that the Israel-Hezbollah war would end in a ceasefire agreement weighed on gold. The gold outlook indicates a slight price rebound from recent lows as market participants prepare...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
