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USD/JPY Price Analysis: BoJ Hike Odds Fade as Inflation Cools
Data on Friday showed that Tokyo’s inflation eased below 2%. Market participants are watching the upcoming election in Japan. Economic data showed a surge in US business activity. The USD/JPY price analysis shows a dim outlook for Bank of Japan rate hikes after Tokyo’s inflation eased below the 2% target. As a result, the yen...
Gold Outlook: US Data Triggers Subtle Sentiment Shift
Gold hit a new record high on Wednesday due to escalating Middle East tensions. Market participants are uncertain about the looming US presidential election. Business activity in the US grew in October. The gold outlook indicates a slight shift in sentiment as prices retreat from a recent record high. The decline came after US data...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
