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USD/CAD Forecast: Loonie Pressured Amid Bets for Oct Rate Cut
Canada’s GDP expanded by 0.2% in July, compared to estimates of 0.1%. The US core PCE price index came in lower than expected. Traders are pricing a 50% chance of a massive BoC cut in October. The USD/CAD forecast shows continued weakness in the Canadian dollar due to the prospect of a significant Bank of...
EUR/USD Weekly Forecast: Downbeat EU Data Caps Gains
A set of PMI figures revealed a significant drop in business activity in the Eurozone. US unemployment claims dropped, indicating tight labor market conditions. US inflation increased by 0.1% compared to estimates of a 0.2% increase. The EUR/USD weekly forecast shows a neutral bias as the Eurozone economy weakens and Fed rate cut bets soar....
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Crypto Price Predictions
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
