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AUD/USD Outlook: AUD Struggles as RBA Rate Cut Bets Rise
The weakening labor market and growing expectations of rate cuts weigh on the AUD. The persistent geopolitical instability, like US-China trade frictions, supports the US dollar. Traders look forward to the Philly Fed Manufacturing Index and FOMC’s Waller comments for further policy direction. The AUD/USD outlook suggests the USD weighs on the AUD amid weaker...
GBP/USD Forecast: 1.3470 at Sight Amid Mixed UK Data, Fed Rate Cuts Bets
UK GDP indicates modest growth, while dovish Fed expectations weakened the dollar. Geopolitical risks like US-China trade frictions and French political uncertainty keep sentiment cautious. Traders look forward to FOMC Waller’s speech and the Philly Fed manufacturing index for further impetus. The GBP/USD forecast indicates the price stays above the 1.3400 level, backed by mixed...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
