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USD/JPY Price Analysis: Testing 38-Year Top Ahead of US PCE
The dollar has risen since the start of the year due to a decline in Fed rate cut expectations. The US economy expanded at a 1.4% rate in the first quarter. Tokyo’s core CPI rose 2.1% in June after last month’s 1.9% increase. The USD/JPY price analysis is bullish as the dollar trades at a...
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...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
