The dollar retreated on Tuesday as investors paused after a steep rally. Hawkish Fed remarks that changed the outlook for rate cuts in the US. Recent inflation data from Canada revealed a decline in price increases. The USD/CAD outlook points to a temporary downtrend as investors take profits on their long dollar positions. Moreover, the...
UK inflation fell from 3.4% in February to 3.2% in March. Governor Bailey said the decline in inflation aligned with the central bank’s forecasts. There is more caution about rate cuts in the US. Things are looking up in the GBP/USD forecast as the pound stages a recovery following a smaller-than-expected decline in inflation. At...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts