Canada’s inflation fell by 0.2% monthly, surprising economists who had forecast no change. Data revealed that US retail sales unexpectedly increased by 0.1%. The likelihood of a 50-bps Fed rate cut remains high at 63%. The USD/CAD price analysis shows mild bullish momentum as the Canadian dollar remains fragile after softer-than-expected inflation data. At the...
The greenback was on the back foot as traders positioned themselves ahead of the FOMC policy meeting. Economists predict a 0.2% decline in US retail sales. Forecasts show that UK consumer inflation might hold at 2.2%. The GBP/USD price analysis indicates continued strength as the pound climbs to new highs while the dollar falls due...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts