{"id":175814,"date":"2023-10-17T17:48:41","date_gmt":"2023-10-17T12:18:41","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=175814"},"modified":"2023-10-17T17:48:41","modified_gmt":"2023-10-17T12:18:41","slug":"push-through-1-0560-should-allow-a-retest-of-1-06-scotiabank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/push-through-1-0560-should-allow-a-retest-of-1-06-scotiabank-crypto-news\/","title":{"rendered":"Push through 1.0560 should allow a retest of 1.06+ \u2013 Scotiabank – Crypto News"},"content":{"rendered":"

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EUR\/USD rebounds on firmer than expected ZEW survey results. Economists at Scotiabank analyze the pair\u2019s outlook<\/a>.<\/p>\n

Firm support on dips to the 1.0500 area<\/h2>\n
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Germany\u2019s ZEW survey for October delivered better-than-expected results. The current assessment reading softened \u2013 but less than expected \u2013 to 79.9 (from 79.4 last month) while the expectations component improved to -1.1 (from -11.4), also better than forecast. The data suggest clear improvement in sentiment as the ECB rate cycle (likely) peaks. This may be a prelude to a slightly better economic performance.<\/p>\n<\/blockquote>\n

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Intraday EUR gains have been capped around 1.0560\/1.0565 resistance again but a firm close on Monday tilts technical risks towards a bit more pressure on the upper 1.05s and firm support on EUR dips to the 1.0500 area.\u00a0<\/p>\n<\/blockquote>\n

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A push through 1.0560 should allow the EUR to retest 1.06+.<\/p>\n<\/blockquote>\n

\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Share: EUR\/USD rebounds on firmer than expected ZEW survey results. Economists at Scotiabank analyze the pair\u2019s outlook. Firm support on dips to the 1.0500 area Germany\u2019s ZEW survey for October delivered better-than-expected results. The current assessment reading softened \u2013 but less than expected \u2013 to 79.9 (from 79.4 last month) while the expectations component improved […]<\/p>\n","protected":false},"author":2,"featured_media":8813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,433,255,250,252,247,253,249,256,254],"class_list":["post-175814","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-eurusd","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\/175814","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=175814"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175814\/revisions"}],"predecessor-version":[{"id":175815,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175814\/revisions\/175815"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/8813"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=175814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=175814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=175814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}