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GBP/USD Price Analysis: Sterling Gains Despite Downbeat Data
Average weekly earnings in the UK met forecasts at 4.9%. Market participants maintained the chances of a November BoE rate cut at 80%. The greenback remained firm due to a shift in tone among Fed officials. The GBP/USD price analysis shows little change, as the pound remains within its tight range. UK employment figures failed...
USD/CAD Outlook: Oil Dip, Strong Dollar Urge for a Rally
The US dollar has risen recently due to a shift in the outlook for Fed policy. The Loonie plunged as oil prices dipped 3%. Traders are gearing up for Canada’s inflation data. The USD/CAD outlook shows fundamentals that support further upside for the pair. Fed policymakers have assumed a more cautious tone due to upbeat...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
