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USD/JPY Outlook: Intervention Warnings Mildly Lift Yen
There is a bigger chance of intervention after Japan meets with the US and South Korea. The BoJ is ready to hike rates to support the yen. The yen’s decline is closely tied to the recent shift in the outlook for Fed rate cuts. The USD/JPY outlook leans slightly bearish as the yen responds to...
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...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
