{"id":165033,"date":"2023-09-29T12:05:09","date_gmt":"2023-09-29T06:35:09","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=165033"},"modified":"2023-09-29T12:05:09","modified_gmt":"2023-09-29T06:35:09","slug":"downward-path-will-eventually-resume-ubs-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/downward-path-will-eventually-resume-ubs-crypto-news\/","title":{"rendered":"Downward path will eventually resume \u2013 UBS &#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>Economists at UBS analyze <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdchf\">USD\/CHF<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">Range-trading\u00a0<\/h2>\n<blockquote>\n<p>We expect USD\/CHF to trade in a large 0.88-0.94 range.<\/p>\n<\/blockquote>\n<blockquote>\n<p>In the short term the USD remains well-bid with the Fed holding high rates for longer as growth is more resilient. This should keep yield differentials in favor of the USD amid an SNB on hold. The SNB committed to protect Switzerland against imported inflation and should prevent the CHF from weakening too much as well.<\/p>\n<\/blockquote>\n<blockquote>\n<p>The downward path for USD\/CHF will eventually resume but strongly hinges on the Fed cutting interest rates next year.<\/p>\n<\/blockquote>\n<blockquote>\n<p>We see the risks in USD\/CHF as largely balanced for now.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Economists at UBS analyze USD\/CHF outlook. Range-trading\u00a0 We expect USD\/CHF to trade in a large 0.88-0.94 range. In the short term the USD remains well-bid with the Fed holding high rates for longer as growth is more resilient. This should keep yield differentials in favor of the USD amid an SNB on hold. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,255,388,684,250,252,247,253,249,1625,597,256,254],"class_list":["post-165033","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-gta","tag-inflation","tag-interestrate","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\/165033","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=165033"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165033\/revisions"}],"predecessor-version":[{"id":165034,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165033\/revisions\/165034"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/13245"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=165033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=165033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=165033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}