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USD/CAD Outlook: Canadian Dollar Surges Despite Falling Oil
On Friday, oil prices temporarily increased after the initial shock that Israel had attacked Iran. Economic data points to more upside potential for the USD/CAD pair. Markets expect the Bank of Canada to cut interest rates before the Fed. With the Canadian dollar extending its rally from last week, the USD/CAD outlook remains bearish despite...
GBP/USD Forecast: 1.23 Broken Following BoE’s Remarks
The risk of UK inflation stalling above the central bank’s target has dropped. UK inflation fell to 3.2% in March from 3.4% the previous month. Services inflation in the UK remained relatively high at 6.0% in March. Expectations for the GBP/USD forecast are bearish as the pound continues to decline following last week’s dovish remarks...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
