The ECB cut interest rates by 25-bps on Thursday after a similar move during the September meeting. The Eurozone economy has performed poorly compared to the US. Data revealed that US retail sales jumped by 0.4% in September. The EUR/USD outlook shows increased downward pressure as European Central Bank rate cut bets surge after Thursday’s...
Australia’s economy added 64,100 jobs in September, well above the forecast of 25,000. The Aussie pulled back as China’s stimulus disappointed. The US dollar remained solid as investors priced a likely Trump win in November. The AUD/USD outlook shows a brief surge due to an upbeat employment report from Australia. However, prices pulled back amid...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts