The Bank of Japan kept rates unchanged on Thursday. Japan’s ruling party lost its majority seats. The US dollar paused its rally before the nonfarm payrolls report. The USD/JPY outlook has turned slightly bearish due to an absence of dovish remarks at the Bank of Japan policy meeting. At the same time, the greenback lost...
The Bank of Canada will likely remain aggressively dovish. Rising oil prices supported the loonie. The economy expanded by 2.8% in the third quarter. The USD/CAD forecast points to further weakness for the Canadian dollar amid an aggressively dovish Bank of Canada. Meanwhile, the dollar eased slightly after data showed weaker-than-expected US economic growth. –Are...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts