{"id":156564,"date":"2023-09-15T17:31:41","date_gmt":"2023-09-15T12:01:41","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=156564"},"modified":"2023-09-15T17:31:41","modified_gmt":"2023-09-15T12:01:41","slug":"usd-could-steady-as-markets-eye-next-weeks-fomc-decision-scotiabank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-could-steady-as-markets-eye-next-weeks-fomc-decision-scotiabank-crypto-news\/","title":{"rendered":"USD could steady as markets eye next week\u2019s FOMC decision \u2013 Scotiabank &#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>USD drifts as risk mood improves. Shaun Osborne, Chief FX Strategist at Scotiabank, analyzes Greenback\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">USD uptrend is looking riper for consolidation or correction<\/h2>\n<blockquote>\n<p>Streaks of consecutive (daily\/weekly) gains in the major currencies rarely stretch far into double digits so the broader USD uptrend is looking riper for a consolidation or correction.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>The BBDXY is trading net down on the week and technically signaling a consolidation may develop while the DXY is stretching spread-based gains even more significantly relative to fair value, according to my simple model.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>Bearish cues for the USD are not at all obvious at the moment but the USD could steady as markets eye next week\u2019s FOMC decision.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: USD drifts as risk mood improves. Shaun Osborne, Chief FX Strategist at Scotiabank, analyzes Greenback\u2019s outlook. USD uptrend is looking riper for consolidation or correction Streaks of consecutive (daily\/weekly) gains in the major currencies rarely stretch far into double digits so the broader USD uptrend is looking riper for a consolidation or correction.\u00a0 The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,459,366,255,250,252,247,253,249,256,254],"class_list":["post-156564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-dollarindex","tag-fed","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156564","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=156564"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156564\/revisions"}],"predecessor-version":[{"id":156565,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156564\/revisions\/156565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/14988"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=156564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=156564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=156564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}