Private employers in the US hired fewer workers than expected in June. There was an unexpected increase in unemployment claims from 234,000 to 238,000. The UK service sector declined by a smaller margin than expected. The GBP/USD forecast points north, with the dollar frail after several downbeat economic reports in the previous session. Meanwhile, the...
Oil briefly hit a two-month high, which helped the Canadian dollar rally. Canada’s manufacturing sector remained in contraction in June. The US dollar eased after Powell’s dovish remarks. The USD/CAD forecast leans bearish as the Canadian dollar firms after a brief rally in oil prices. At the same time, the loonie got support from a...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts