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AUD/USD Forecast: Aussie Defies Downbeat Inflation Report
Australian inflation rose by 2.1% in October, below estimates of 2.3%. The likelihood of an RBA rate cut in December remained low at 14%. All eyes are on the upcoming US GDP and inflation figures. The AUD/USD forecast shows a resilient Aussie despite downbeat Australian inflation data. Meanwhile, the greenback eased slightly as markets awaited...
USD/JPY Price Analysis: Risk Flows, BoJ Rate Cut Bets Lift Yen
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...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
