Economists believe the European Central Bank will cut rates in October and December. Eurozone inflation fell below 2% in September. Traders will go through the Fed’s meeting minutes. The EUR/USD price analysis indicates a continuing slump as market participants price more European Central Bank rate cuts for this year. At the same time, the dollar...
Oil prices dipped as supply disruption fears eased. The pair got a boost from Friday’s upbeat US nonfarm payrolls report. Traders are pricing an 86% chance of a 50-bps Fed rate cut in November. The USD/CAD price analysis suggests further upside for the pair as the Canadian dollar weakens amid a decline in oil prices....
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts