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USD/JPY Outlook: Dollar Extends Gains After Upbeat CPI
The dollar rallied last week after consumer inflation figures increased more than expected. Traders give the Fed a 91% chance to lower borrowing costs by 25-bps in November. Market participants await the US retail sales report. The USD/JPY outlook leans bullish, with the dollar firm after better-than-expected consumer inflation data. Meanwhile, the yen was weak...
GBP/USD Forecast: US Inflation Data Triggers Indecision
The US CPI increased by 0.3% in September, beating forecasts of a 0.2% increase. Market participants are pricing a 91% chance of a 25-bps November Fed rate cut. US producer prices were unchanged in September, compared to expectations of a 0.1% increase. The GBP/USD forecast shows indecision as market participants absorb recent US inflation figures....
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
