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USD/JPY Forecast: Yen Surges on Intervention Fears
Investors believe Japanese authorities intervened to support the yen. The gap in interest rates between Japan and the US remains wide. The US core PCE price index held at 0.3% from the previous month. The USD/JPY forecast turned bearish as the markets plummeted from a whopping 160.00 level amid intervention fears. The pair pulled back...
EUR/USD Weekly Forecast: Focus Turns to Fed, NFP Next Week
The euro strengthened on upbeat Eurozone business activity data. The dollar was weak as business activity in the US fell more than expected. The core PCE price index aligned with expectations, holding at 0.3%. The EUR/USD weekly forecast leans slightly bullish as the dollar faces pressure from weakening economic indicators. Ups and downs of EUR/USD...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
