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EUR/USD Forecast: Euro Slips in Anticipation of ECB Rate Cut
Market participants expect the ECB to cut interest rates. The dollar rose due to increasing bets for a Trump win. Traders await the US retail sales report for more clues on future Fed moves. The EUR/USD forecast points South as the euro comes under pressure ahead of an expected European Central Bank rate cut. Meanwhile,...
GBP/USD Forecast: Pound Sinks Amid Downbeat UK Inflation
UK inflation dropped sharply from 2.2% to 1.7% in September. Services inflation, a key measure for the BoE, plunged from 5.6% to 4.9%. Fed’s Raphael Bostic said he expects one more rate cut this year. The GBP/USD forecast indicates a sudden drop after UK inflation figures missed forecasts. The unexpected decline in price pressure has...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
