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USD/CAD Weekly Forecast: Fed Joins BoC in Rate Cut Race
The Fed cut rates by 50-bps, starting its easing cycle with a bang. Canada’s inflation eased more than expected on a monthly basis. Retail sales in Canada jumped, showing solid consumer spending. The USD/CAD weekly forecast shows a slow decline as the Fed follows the Bank of Canada in lowering borrowing costs. Ups and downs...
USD/JPY Price Analysis: Yen Plunges as Ueda Dodges Hike Signals
Japan’s central bank met on Friday and decided to keep interest rates unchanged. Ueda’s speech after the meeting contained little on future rate hikes. The US Central Bank lowered borrowing costs by 50-bps on Wednesday. The USD/JPY price analysis shows the yen crashing after the Bank of Japan policy meeting. Although the central bank held...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
