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GBP/USD Outlook: No Respite as US PCE Looms
The greenback is heading for a second quarter of gains due to a drop in Fed rate cut expectations. Market participants will pay close attention to the PCE price index report. The US GDP rose from 1.3% to 1.4%, as expected. The GBP/USD outlook remains bearish, even with a slight rebound, as investors eagerly await...
EUR/USD Outlook: Dollar Remains Strong Amid Yen’s Decline
On Wednesday, the yen plunged to a 38-year low. Investors remained cautious ahead of the French elections. Policymakers remain confident that Eurozone inflation will reach the 2% target. The EUR/USD outlook is bearish as the dollar holds near recent peaks driven by a decline in the yen. Meanwhile, ECB policymakers and experts increased market confidence...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
