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USD/JPY Forecast: Bullish Optimism Fades Ahead of CPI Data
The bullish trend for USD/JPY continued at a slower pace. Market participants slashed bets for a 50-bps November Fed rate cut. Economists expect inflation to ease from 2.5% to 2.3%. The USD/JPY forecast shows dark clouds gathering over the recent bullish trend as market participants await the all-important US CPI report. Still, after rallying on...
GBP/USD Forecast: Consolidating at Fresh Lows, Eyes on CPI
Traders are still digesting last week’s events BoE Governor Andrew Bailey said the central bank might pivot to aggressive cuts. The US NFP report revealed an unexpected 254,000 new jobs in September. The GBP/USD forecast shows a period of consolidation after the recent slide to new lows. The pound remained weak after dovish BoE remarks...
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Crypto Price Predictions
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
