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EUR/USD Outlook: Set for More Losses as ECB Rate Cut Looms
Investors expect the European Central Bank to cut borrowing costs by 25 bps. The dollar held steady after the US consumer inflation report. The CPI report suggested a slow monetary policy easing. The EUR/USD outlook suggests more downside for the euro as markets anticipate another ECB rate cut later today. Meanwhile, the dollar recovered after...
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...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
