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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...
AUD/USD Forecast: RBA Rate Cut Bets Intact After Mixed Jobs
Australia’s economy added 56,300 jobs in December. Unemployment in Australia edged higher in December. The US released a soft inflation report that weighed on the greenback. The AUD/USD forecast shows steady RBA rate cut bets after a mixed employment report from Australia. Meanwhile, the greenback remained frail after inflation figures came in line with expectations....
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
