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USD/JPY Forecast: Dollar Firms as Investors Prepare for US CPI
Next week’s US inflation report will shape the outlook for Fed rate cuts. Tokyo has spent approximately $60 billion to try and support its weak currency. BoJ policymakers were increasingly hawkish at the April meeting. The USD/JPY forecast leans bullish as the dollar strengthens ahead of next week’s US inflation data. Markets believe the economy...
GBP/USD Forecast: BoE to Implement Two Rate Cuts in 2024
BoE policymakers have grown comfortable with the view that inflation in the UK is falling towards the central bank’s target. The US economy remains far more robust than other major economies. The recent US employment report raised expectations for a Fed rate cut in September. The GBP/USD forecast paints a bearish picture as investors gain...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
