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USD/JPY Outlook: Yen Loses Ground Ahead of BoJ Statement
Markets expect the Bank of Japan to maintain rates tomorrow. The yen will remain weak if Japan maintains its gradual rate hike outlook. As the USD/JPY pair continues to climb, the risk of intervention grows. The USD/JPY outlook remains bullish as the yen weakens in anticipation of the Bank of Japan’s policy decision. However, investors...
USD/CAD Forecast: Data-Driven Rise Fades Amid Weaker Dollar
Canada released data showing a drop in retail sales in February. There is more pressure on the Bank of Canada than on the Fed to cut interest rates. A rebound in oil prices supported the Canadian dollar. The USD/CAD forecast points downward as the Canadian dollar rebounds following a dip triggered by disappointing economic data....
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
