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GBP/USD Price Analysis: UK Employment Gains Fuel Rebound
UK unemployment claims fell sharply from 102,300 to 23,700. After the nonfarm payrolls report, the likelihood of a 50 bps September Fed rate cut fell. Economists predict soft US inflation figures on Wednesday. The GBP/USD price analysis shows a brief rebound due to positive UK employment data. Nevertheless, the downtrend remains intact as the dollar...
AUD/USD Outlook: Downside Bias Intact Ahead of US CPI
The AUD/USD pair has slipped to new lows since Friday. The likelihood of a 50 bps September Fed rate cut has fallen from around 50% to 30%. Business conditions in Australia fell by 3 points to +3, a two-and-a-half-year low. The AUD/USD outlook leans to further decline as the dollar steadies before pivotal US inflation...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
