Oil prices dipped as supply disruption fears eased. The pair got a boost from Friday’s upbeat US nonfarm payrolls report. Traders are pricing an 86% chance of a 50-bps Fed rate cut in November. The USD/CAD price analysis suggests further upside for the pair as the Canadian dollar weakens amid a decline in oil prices....
The Australian dollar fell after the RBA meeting minutes sounded slightly dovish. The US economy added an unexpected 254,000 jobs in September. Economists expect US price pressures to ease from 2.5% to 2.3%. The AUD/USD outlook shows a steep downtrend as the Aussie tumbles after the Reserve Bank of Australia meeting minutes. Meanwhile, the dollar...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts