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GBP/USD Forecast: Tests 2.5-yr Top After Powell Remarks
Fed policymakers are ready to start lowering borrowing costs. Investors increased the likelihood of a super-sized 50 bps Fed rate cut. The UK central bank will not rush to cut rates. The GBP/USD forecast is bullish as the pound hovers near a two-and-a-half-year high against the dollar after the Jackson Hole Symposium. Notably, Powell said...
USD/CAD Weekly Forecast: Loonie Rises as US Dollar Slips
The FOMC meeting minutes on Wednesday revealed that policymakers were ready to cut rates in September. US business activity fell in August. Powell’s speech confirmed a September rate cut and sunk the dollar. The USD/CAD weekly forecast suggests a bearish trend, with the Canadian dollar gaining as the US dollar weakens after Powell’s speech. Ups...
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Crypto Price Predictions
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
