The Australian economy added 47,500 jobs in August, beating estimates of 26,400. The RBA has remained cautious as other major central banks lower borrowing costs. The US central bank lowered borrowing costs by a significant 50-bps, putting pressure on the greenback. The AUD/USD forecast shows a steep climb in the pair after better-than-expected Australian employment...
UK service inflation rose by 5.6, above expectations for a 5.5% increase. The Bank of England will likely keep rates unchanged this week. US sales increased by 0.1% when estimates had shown a 0.2% decline in August. The GBP/USD forecast points to bullish optimism after UK services inflation data came in higher than expected. Meanwhile,...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts