The risk-sensitive Australian dollar soared after Trump won the US election. The US Central Bank lowered borrowing costs by 25-bps. Trump’s presidency will likely lead to higher inflation due to his policies. The AUD/USD price analysis shows increased bullish enthusiasm due to a surge in risk appetite after Trump’s win. However, the price eased by...
The Bank of England cut rates by 25-bps. Markets expect two to three BoE rate cuts in 2025. The Federal Reserve also lowered borrowing costs by 25=bps. The GBP/USD outlook shows a pause in yesterday’s rally as traders lock in profits. The pound rose on Thursday after the Bank of England lowered borrowing costs and...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts