{"id":171983,"date":"2023-10-11T10:20:07","date_gmt":"2023-10-11T04:50:07","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=171983"},"modified":"2023-10-11T10:20:07","modified_gmt":"2023-10-11T04:50:07","slug":"how-higher-for-how-longer-rabobank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/how-higher-for-how-longer-rabobank-crypto-news\/","title":{"rendered":"How higher for how longer? \u2013 Rabobank – Crypto News"},"content":{"rendered":"

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Analysts at Rabobank note that based on the domestic fundamentals and the geopolitical risks, assess the outlook for the Brazilian Real against the US Dollar. \u00a0<\/p>\n

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\u201cExternally,\u00a0Hamas attack on Israel\u00a0triggers global risk-off sentiment, after\u00a0US payroll grows above expectations\u00a0in September and a US\u00a0government shutdown\u00a0is delayed.\u201d\u00a0<\/p>\n

\u201cDomestically, the\u00a0BCB governor\u00a0still sees the current 0.50bp-cutting pace as appropriate, after the BCB released the latest Copom minutes and the CPI mid-monthly inflation in September confirmed inflation convergence will be slow.\u201d\u00a0<\/p>\n

\u201cOur take:\u00a0Geopolitical risks add depreciation bias to our view of the USDBRL at 5.05 by end-2023 as the BRL and other EM currencies had already been enjoying less carry trade gains. For now, with Fed<\/a> Funds rate held at high levels until yearend and local relative fiscal fragility, we still see the USDBRL trading at 5.15 by end-2024.\u201d<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Share: Analysts at Rabobank note that based on the domestic fundamentals and the geopolitical risks, assess the outlook for the Brazilian Real against the US Dollar. \u00a0 Key quotes \u201cExternally,\u00a0Hamas attack on Israel\u00a0triggers global risk-off sentiment, after\u00a0US payroll grows above expectations\u00a0in September and a US\u00a0government shutdown\u00a0is delayed.\u201d\u00a0 \u201cDomestically, the\u00a0BCB governor\u00a0still sees the current 0.50bp-cutting pace […]<\/p>\n","protected":false},"author":2,"featured_media":171984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,1784,248,251,246,257,366,255,250,252,247,253,249,3819,256,254],"class_list":["post-171983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-brazil","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-fed","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdbrl","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/171983","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=171983"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/171983\/revisions"}],"predecessor-version":[{"id":171985,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/171983\/revisions\/171985"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/171984"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=171983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=171983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=171983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}