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USD/CAD Price Analysis: Evident Policy Outlook Divergence
Data from Canada revealed a smaller-than-expected 0.2% expansion in the economy. Investors are currently placing a 60% chance the BoC will cut rates in June. While investors expect 54bps of cuts in Canada, they only expect 32bps in the US. The USD/CAD price analysis turned bullish as data from Canada and the US underscored the...
GBP/USD Price Analysis: Buyers Dominate Ahead of FOMC
The dollar was firm ahead of the Fed’s policy meeting on Wednesday. The outlook for rate cuts in the US has diverged significantly from other countries. Market participants expect the first BoE cut in August. The GBP/USD price analysis reveals a mild bullish sentiment continuing from last week’s momentum. However, the dollar endeavors to firm...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
