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USD/JPY Outlook: Super-Sized Fed Rate Cut Bets Reemerge
Former Fed official Bill Dudley said that there was a strong case for a 50 bps rate cut. The likelihood of a 50 bps rate cut shot up from 28% to 45%. BoJ board member Naoki Tamura noted that the upside risk to inflation was increasing. The USD/JPY outlook shows a free-falling dollar as markets...
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...
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Crypto Price Predictions
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
