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GBP/USD Forecast: Stubborn US Core Inflation Lifts Dollar
The US consumer inflation report showed a 0.3% jump in core inflation in August. The likelihood of a supersized 50 bps rate cut fell to 15%. The UK economy stagnated in July with no expansion. The GBP/USD forecast shows bears in the lead as the dollar firms after a jump in US core inflation. At...
USD/JPY Forecast: Bank of Japan’s Hawkish Tone Fuels Yen Rally
The BoJ will keep hiking interest rates if inflation comes in as expected. Economists predict at least one rate hike before the end of the year. Investors are gearing up for the US Consumer Price Index report. The USD/JPY forecast shows renewed bearish momentum after the yen gained over 1% against the dollar after hawkish...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
