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AUD/USD Outlook: Downside Bias Intact Ahead of US CPI
The AUD/USD pair has slipped to new lows since Friday. The likelihood of a 50 bps September Fed rate cut has fallen from around 50% to 30%. Business conditions in Australia fell by 3 points to +3, a two-and-a-half-year low. The AUD/USD outlook leans to further decline as the dollar steadies before pivotal US inflation...
USD/CAD Outlook: US and Canadian Jobs Data Push Buyers
The Canadian dollar fell to a two-week low on Friday. Canada’s unemployment rate jumped from 6.4% to 6.5%, raising the chances of the Bank of Canada making further rate cuts. The US economy added 142,000 jobs, below expectations of 160,000. The USD/CAD outlook shows a bullish sentiment shift as investors weigh the US and Canada’s...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
