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USD/JPY Weekly Forecast: Japan-US Rate Gap Weighs on Yen
The yen reached a new 38-year low and raised intervention concerns. An increase in Tokyo’s inflation increased the chances of a BoJ hike in July. The US core PCE index was softer, confirming the recent decline in price pressures. The USD/JPY weekly forecast is bullish as the interest rate differential between Japan and the US...
EUR/USD Weekly Forecast: Softer Inflation Fuels Fed Cut Bets
The EUR/USD weekly forecast was overshadowed as the US economy expanded at a bigger 1.4% rate in Q1. The US core PCE report showed softer inflation. Next week’s primary focus will be the US monthly employment report. The EUR/USD weekly forecast shows more upside potential as Fed rate cut expectations rise with softer inflation data. ...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
