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EUR/USD Outlook: Diverging Economies Pressure the Euro
Market participants eagerly await Trump’s inauguration. Trump has proposed import tariffs of at least 10% on all imported goods. Data on Thursday revealed a smaller-than-expected increase in US retail sales. The EUR/USD outlook suggests further weakness for the euro amid diverging economic outlooks between the Eurozone and the US. At the same time, the ECB...
GBP/USD Outlook: Slow Growth Paves Path for BoE’s Rate Cut
The UK GDP report showed a smaller-than-expected expansion of 0.1%. British Treasury yields fell after a softer-than-expected UK inflation report. Underlying US inflation was softer than expected in December. The GBP/USD outlook shows increasing pressure on the Bank of England to lower borrowing costs amid weak economic growth. Meanwhile, in the US, a soft inflation...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
