{"id":154471,"date":"2023-09-12T21:16:15","date_gmt":"2023-09-12T15:46:15","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=154471"},"modified":"2023-09-12T21:16:15","modified_gmt":"2023-09-12T15:46:15","slug":"forecast-for-q4-and-beyond-revised-lower-cibc-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/forecast-for-q4-and-beyond-revised-lower-cibc-crypto-news\/","title":{"rendered":"Forecast for Q4 and beyond revised lower \u2013 CIBC &#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>AUD faced a difficult August. Economists at CIBC Capital Markets analyze Aussie\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">August sell-off to partially reverse over the medium-term<\/h2>\n<blockquote>\n<p>We have revised our AUD\/USD forecast for Q4 and beyond lower, given the backdrop of weak Chinese growth and risks to global growth.<\/p>\n<\/blockquote>\n<blockquote>\n<p>While the continuation of negative Chinese sentiment and potential downside in risk will be a major headwind for the AUD, a potential hawkish repricing of the RBA should limit AUD downside.<\/p>\n<\/blockquote>\n<blockquote>\n<p>CPI and employment reports will be vital for our call of one more RBA hike<\/p>\n<\/blockquote>\n<blockquote>\n<p>AUD\/USD \u2013 Q4 2023: 0.63 | Q1 2024: 0.63<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: AUD faced a difficult August. Economists at CIBC Capital Markets analyze Aussie\u2019s outlook. August sell-off to partially reverse over the medium-term We have revised our AUD\/USD forecast for Q4 and beyond lower, given the backdrop of weak Chinese growth and risks to global growth. While the continuation of negative Chinese sentiment and potential downside [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[377,299,201,248,251,297,246,257,255,250,252,247,253,378,249,256,254],"class_list":["post-154471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-audusd","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-china","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-rba","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154471","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=154471"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154471\/revisions"}],"predecessor-version":[{"id":154472,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154471\/revisions\/154472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/7828"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=154471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=154471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=154471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}