{"id":156728,"date":"2023-09-15T22:16:27","date_gmt":"2023-09-15T16:46:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=156728"},"modified":"2023-09-15T22:16:27","modified_gmt":"2023-09-15T16:46:27","slug":"inflation-may-ease-upward-pressure-on-chf-scotiabank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/inflation-may-ease-upward-pressure-on-chf-scotiabank-crypto-news\/","title":{"rendered":"Inflation may ease upward pressure on CHF \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>The CHF is the best performing major currency so far this year, gaining 3.5% on the USD, the best among the core peers. Economists at Scotiabank analyze Franc\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">The trend decline in EUR\/CHF may stabilize around the 0.95 point<\/h2>\n<blockquote>\n<p>While inflation has moderated somewhat and has clearly moved back below 2%, policymakers appear to be leaning towards some additional \u2018insurance\u2019 tightening to take the SNB\u2019s key policy rate to 2%.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>Easing inflation pressures may spill over into the currency\u2019s broader trend. Policymakers have favoured a somewhat stronger exchange rate to help dampen price pressures.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>The trend decline in EUR\/CHF (more than 5.5% this year) may stabilize around the 0.95 point.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>We anticipate a EUR rebound to 0.98 by year-end.<\/p>\n<\/blockquote>\n<blockquote>\n<p>USD\/CHF \u2013 Q3-23 0.88 Q4-23 0.88 Q1-24 0.87 Q2-24 0.87<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The CHF is the best performing major currency so far this year, gaining 3.5% on the USD, the best among the core peers. Economists at Scotiabank analyze Franc\u2019s outlook. The trend decline in EUR\/CHF may stabilize around the 0.95 point While inflation has moderated somewhat and has clearly moved back below 2%, policymakers appear [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,1624,255,388,250,252,247,253,249,1625,597,256,254],"class_list":["post-156728","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-eurchf","tag-gta","tag-inflation","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-snb","tag-usdchf","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156728","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=156728"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156728\/revisions"}],"predecessor-version":[{"id":156729,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156728\/revisions\/156729"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/6881"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=156728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=156728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=156728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}