The likelihood of a 50 bps Fed rate cut in September fell amid better-than-expected data. This week, traders will watch the Jackson Hole symposium. Bank of Japan governor Kazuo Ueda will speak on Friday. The USD/JPY forecast points to solid bearish momentum as the yen rallies on divergence in policy outlook for the Bank of...
Data revealed that July’s US wholesale inflation was softer than expected. The headline US CPI figure eased to 2.9% from 3.0%. The dollar got a brief respite when retail sales jumped by 1.0%. The USD/CAD weekly forecast leans bearish amid increasing confidence in a quarter-point September Fed rate cut. Ups and downs of USD/CAD The...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts