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GBP/USD Price Analysis: Hits 6-Month Low as UK Sales Slump
UK retail sales fell by 0.7% in October, compared to estimates of a 0.3% drop. The UK economy only expanded by 0.1% in the third quarter. US initial jobless claims unexpectedly fell last week from 219,000 to 213,000. The GBP/USD price analysis shows weaker consumer spending in the UK, which has pushed the pound to...
USD/JPY Outlook: Rising Bets for Rate Hike Boost Yen
Japan’s core consumer inflation increased by 2.3% in October. 56% of economists expect the Bank of Japan to hike rates in December. US jobless claims unexpectedly fell to 213,000. The USD/JPY outlook shows a stronger yen amid increasing bets for a December rate hike by the Bank of Japan. However, the pair fluctuated on Friday...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
