{"id":141302,"date":"2023-09-01T21:48:51","date_gmt":"2023-09-01T16:18:51","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=141302"},"modified":"2023-09-01T21:48:52","modified_gmt":"2023-09-01T16:18:52","slug":"usd-cny-to-breach-historical-highs-and-end-the-year-at-7-60-socgen-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-cny-to-breach-historical-highs-and-end-the-year-at-7-60-socgen-crypto-news\/","title":{"rendered":"USD\/CNY to breach historical highs and end the year at 7.60 \u2013 SocGen &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>\u00a0Economists at Soci\u00e9t\u00e9 G\u00e9n\u00e9rale make an upward revision to USD\/CNY.<\/p>\n<h2 class=\"fxs_headline_medium\">An arduous march to 7.60 by the end of 2023<\/h2>\n<blockquote>\n<p>We revise up our year-end USD\/CNY forecast by 0.20 to 7.60.<\/p>\n<\/blockquote>\n<blockquote>\n<p>The policy response, seemingly less organised than in the past, should pave the way for the USD\/CNY pair to overshoot rather than undershoot for the remainder of the year.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>The current CNY weakness is fundamentally driven and the impact of the PBoC\u2019s stronger fixing is not likely to be effective this time around.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: \u00a0Economists at Soci\u00e9t\u00e9 G\u00e9n\u00e9rale make an upward revision to USD\/CNY. An arduous march to 7.60 by the end of 2023 We revise up our year-end USD\/CNY forecast by 0.20 to 7.60. The policy response, seemingly less organised than in the past, should pave the way for the USD\/CNY pair to overshoot rather than undershoot [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,297,246,257,255,250,252,450,247,253,249,449,256,254],"class_list":["post-141302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-china","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-pboc","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdcny","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=141302"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141302\/revisions"}],"predecessor-version":[{"id":141303,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141302\/revisions\/141303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/12512"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=141302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=141302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=141302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}