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USD/JPY Outlook: Yen Retreats From 2-Month Top After US GDP
The yen has gained 2.4% this week. The BoJ’s odds of a rate hike are above 67%. The BoJ might announce plans to reduce bond purchases. The USD/JPY outlook is slightly bullish, with the yen retreating from a 2-month high. This shift comes as the dollar strengthens on the back of upbeat GDP data, indicating...
USD/CAD Outlook: Posts 3-Month Top Following 2nd BoC Rate Cut
The Bank of Canada lowered borrowing costs by 25 basis points to 4.5%. Canadian factory sales fell by 2.6% in June. The US composite PMI index rose to 55.0, indicating robust business activity. The USD/CAD outlook shows strong bullish sentiment as the Canadian dollar wallows near a 3-month low after a second Bank of Canada...
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Crypto Price Predictions
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
