Several economic reports from the US pointed to a slowdown in the economy. US business activity fell in April, showing the impact of higher interest rates. Investors will focus on the FOMC meeting and the jobs report from the US. A subtle bearish trend emerges in the USD/CAD weekly forecast as the dollar relinquishes its...
On Friday, the BoJ held rates as expected, lending room to the USD/JPY price. Traders panicked when the yen suddenly jumped for no apparent reason. The US GDP increased by 1.6% in Q1, missing forecasts. The USD/JPY price analysis remains bullish as the spike down quickly returned amid the BoJ’s inaction. Meanwhile, there was caution...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts