Traders sought safety after Trump’s tariff vows raised fears of trade wars. The dollar rallied at the prospects of stronger economic performance. Japan’s services producer price index increased by 2.9% in October. The USD/JPY price analysis shows a strengthening yen amid safe-haven demand and increasing Bank of Japan rate cut expectations. Meanwhile, the dollar paused...
Trump vowed to impose tariffs on Mexico, China and Canada. Market participants are awaiting Australia’s inflation report due on Wednesday. Traders are monitoring the upcoming FOMC meeting minutes for clues on future Fed moves. The AUD/USD price analysis shows a vulnerable Aussie as Trump’s tariff threats on China weigh on the Yuan. On the other...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts