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GBP/USD Forecast: Trump Trade Eclipses Inflation Data
US consumer prices increased by 0.2% in October. Traders expect Trump’s policies to drive inflation and pause or significantly slow Fed rate cuts. BoE’s Catherine Mann noted that inflation might be higher than expected in the medium term. The GBP/USD forecast shows the dollar at new peaks as the Trump trade overshadows recent inflation figures....
USD/CAD Forecast: Tight Consolidation Ahead of US CPI
Economists expect the US monthly CPI to increase by 0.2%. Trump’s import tariffs will affect Canada’s economy. OPEC lowered its forecast for oil demand growth this year and in 2025. The USD/CAD forecast shows a tight consolidation as traders prepare for the US consumer price index report. Meanwhile, the Canadian dollar remained fragile as oil...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
