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AUD/USD Weekly Forecast: Powell’s Remarks Weaken Dollar
US business activity fell in August as the manufacturing sector contracted. Powell confirmed that the Fed will likely cut rates in September. Next week, investors will focus on US core durable goods orders and the Gross Domestic Product. The AUD/USD weekly forecast is bullish. The Australian dollar has strengthened against the dollar following Powell’s confirmation...
GBP/USD Price Analysis: Refreshes YTD Highs Amid Upbeat PMIs
The UK flash composite PMI which revealed an increase from 52.8 to 53.4 in August. The pound has gained 2% in August as the dollar weakened. Markets are awaiting Powell’s speech later in the day. The GBP/USD price analysis shows a solid bullish trend as the pound rallies to new highs after positive UK business...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
