Markets are fully pricing in a 25-bps September Fed rate cut after dovish FOMC meeting minutes. Oil prices fell on Wednesday amid growing concerns about China’s economy. Investors moved to fully price another Bank of Canada rate cut in September. The USD/CAD forecast leans bearish, with the dollar on the back foot after dovish FOMC...
Fed policymakers have gradually gained confidence that inflation will reach 2%. Markets are pricing a 50-bps or 25-bps rate cut in September. On Tuesday, ECB’s Olli Rehn said that the central bank should cut rates in September. The EUR/USD forecast shows increased bullish momentum as the dollar extends its decline against the euro amid increased...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts