The RBA held rates on Tuesday and restated its commitment to lower stubborn inflation. The likelihood of an RBA cut in December increased slightly to 72%. PMI data in the previous session revealed steady business activity. The AUD/USD outlook shows a whiplash reaction to the Reserve Bank of Australia’s policy meeting. The Australian dollar fluctuated...
An unexpected spike in services inflation complicated the outlook for BoE rate cuts. Data revealed an unexpected 1% increase in UK retail sales. The dollar rebounded against a weak yen on Friday. The GBP/USD outlook shows a slight shift in sentiment as the pound pulls back from recent highs. The decline comes as the dollar...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts