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GBP/USD Forecast: Dollar Rebounds from 14-Month Low
The dollar recovered as investors sought safety amid rising Middle East tensions. Market participants are pricing a 59% chance of another 50-bps rate cut in November. Sterling has gained about 5.4% against the dollar this year. The GBP/USD forecast shows a sudden shift in sentiment to bearish as the dollar recovers from a 14-month low....
USD/CAD Forecast: Loonie Jumps on Improved Risk Appetite
The People’s Bank of China announced plans to cut lending costs by 50-bps. Bank of Canada governor Tiff Macklem delivered a dovish speech. The dollar fell after data showed weaker-than-expected consumer confidence. The USD/CAD forecast shows a new low for the pair this year after the loonie soared on improved risk sentiment. On Tuesday, China...
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Crypto Price Predictions
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
