The dollar lost around 1.3% against the yen last week. News outlets revealed a high chance for a 50 bps Fed rate cut. The Bank of Japan will meet on Friday. The USD/JPY forecast indicates further declines for the dollar due to a surge in Fed rate cut expectations. At the same time, the yen...
The UK labor market showed resilience, with jobless claims plunging. US data showed higher-than-expected consumer and producer prices. Experts believe the US central bank will cut rates by 25 bps. The GBP/USD weekly forecast supports a bullish trend as the FOMC meeting could lead to further weakness for the greenback. Ups and downs of GBP/USD...
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