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USD/CAD Outlook: Oil Price Drop Weighs on Canadian Dollar
Oil prices lost nearly 1% on Monday amid talks of a ceasefire in the Middle East war. Canadian wholesale trade declined by 1.3% in March. US data showed a moderate inflation increase in March. The USD/CAD outlook shows a slight bullish trend, with the Canadian dollar weakening in response to declining oil prices. At the...
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...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
