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GBP/USD Forecast: US Inflation Data Triggers Indecision
The US CPI increased by 0.3% in September, beating forecasts of a 0.2% increase. Market participants are pricing a 91% chance of a 25-bps November Fed rate cut. US producer prices were unchanged in September, compared to expectations of a 0.1% increase. The GBP/USD forecast shows indecision as market participants absorb recent US inflation figures....
AUD/USD Weekly Forecast: US Data Dims Fed’s Move in Nov
The US CPI number came in higher than expected, showing increased price pressure. Wholesale inflation missed forecasts, weakening the dollar. The US will release retail sales figures showing consumer spending. The AUD/USD weekly forecast shows a bearish tilt amid strong dollar as US data diminishes hopes for a Fed’s rate cut in November. Ups and...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
